Rahul Pandit to head D B Realty’s hotel arm

BL Mumbai Bureau Updated - March 02, 2024 at 08:44 AM.

In February, the D B Realty board approved a plan to demerge its hospitality business as a part of value unlocking exercise

Rahul Pandit has taken over as president and executive director of D B Realty’s hospitality business.

Also read: DB Realty announces debt-free milestone and shareholder developments

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Pandit earlier headed Lemon Tree and Ginger hotels. His most recent assignment was chief executive of Blackstone’s India logistics platform - Horizon Industrial Parks.

In February, the D B Realty board approved a plan to demerge its hospitality business as a part of value unlocking exercise. Last September, D B Realty announced acquisition of three hotels in Mumbai, Delhi and Goa for ₹2,300 crore.

Published on March 2, 2024 03:13
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