Hotel Leelaventure Ltd is planning to shed some of its properties and be an ‘operator/manager’ in its future expansion projects, according to reports.

Reports stated that the group   has already done this in its properties in Gurgaon and Kovalam.

The new properties too would be taken up for Management Contracts, reports said.

As part of its fund raising initiatives, the company has also identified non-core real estate properties to be sold off.