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Warburg Pincus ends JV with Lemon Tree Hotels for student housing

"Apparently, Warburg was not happy with the way the JV had progressed in the last two-three years," said sources

Topics
Warburg Pincus | Lemon Tree Hotels | Student housing market

Raghavendra Kamath & Shally Seth Mohile  |  Mumbai 



lemon tree, hotels, resort
Lemon Tree promoters bought back the stake from Warburg, sources said, adding that Rahul Pandit, chief executive officer (CEO) and managing director (MD) of the company also quit

has ended a two-year-old joint venture (JV) with for student housing and co-living spaces, said sources in the know.

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First Published: Sun, May 16 2021. 23:57 IST

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