Allianz-Shapoorji looks to exit Hyderabad's IT SEZ Waverock for Rs 2,000 cr
Allianz Group and Shapoorji Pallonji's entity plan to sell their 2.5 million sq ft IT SEZ property Waverock in Hyderabad, with Apple, Accenture and TCS among the tenants. The property is expected to sell for around ₹2,000 crore. The property has attracted interest from several institutional investors, with Singapore's sovereign wealth fund GIC emerging as the front-runner, according to sources.
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