Unitech, Accenture tie-up for Rs 1,000-cr office space

In a deal that will fetch Rs 1,000 crore of rental income over 15 years, Unitech Group has leased 8.1 lakh square feet of space in its under-construction Gurgaon IT SEZ to Accenture. Unitech and its group firm Unitech Corporate Parks (UCP) signed the lease deed with Accenture last week, say media reports. To sell their entire stake in the special economic zone (SEZ) being built for IT companies in Gurgaon, Unitech and UCP are in talks. Unitech and UCP are listed on the AIM of the London Stock Exchange. The duo are in talks with private equity firm Blackstone and Singapore's sovereign wealth fund GIC for selling their stake in the IT SEZ for an estimated Rs 2,700 crore.