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BRIEF-Yunnan Metropolitan Real Estate buys land site, property assets
December 12, 2016 / 10:23 AM / a year ago

BRIEF-Yunnan Metropolitan Real Estate buys land site, property assets

Dec 12 (Reuters) - Yunnan Metropolitan Real Estate Development Co Ltd

* Says unit wins land auction for 185.0 million yuan ($26.77 million)

* Says it or unit plans to buy property assets for 398.5 million yuan

* Says it plans to invest 140 million yuan to set up jv with partner

Source text in Chinese:bit.ly/2hf4cMJ ;bit.ly/2hosD8t ; bit.ly/2heQKZ9

Further company coverage: ($1 = 6.9120 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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