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BRIEF-Beijing Capital Development to wholly own Beijing Fortune Building; plans real estate JV with partner
November 14, 2017 / 8:53 AM / in 4 days

BRIEF-Beijing Capital Development to wholly own Beijing Fortune Building; plans real estate JV with partner

Nov 14 (Reuters) - Beijing Capital Development Co Ltd :

* Says co plans to buy 50 percent stake in Beijing Fortune Building 136.1 million yuan, raising stake to 100 percent after transaction

* Co plans to set up a real estate JV with partner, Nomura Real Estate Development Co Ltd, owning 50 percent stake in it

Source text in Chinese: goo.gl/7tvkXW

Further company coverage: (Beijing Headline News)

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