Launches & Fundraising

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Destination Capital, KTBST SEC and MFC parter to launch private equity trust to invest in hotels in Thailand

Destination Capital, KTBST SEC and MFC parter to launch private equity trust to invest in hotels in Thailand

Destination Capital has signed an agreement with KTB Securities (Thailand) Public Company Limited (KTBST SEC) and MFC Asset Management Public Company Limited (MFC) to capitalise and launch the DESCAP 1 Private Equity Trust, which will acquire hotels in Thailand targeting investor returns of up to 15 per cent per year with a 5–7 year holding period.