December 23, 2016 / 12:07 PM / in 8 months

BRIEF-Cinda Real Estate plans investment with partners, to withdraw from another fund

Dec 23 (Reuters) - Cinda Real Estate Co Ltd

* Says it plans to set up investment fund of size 1.23 billion yuan ($177.11 million) with partners

* Says it will recover funds of 735 million yuan after withdrawing from an investment fund formed with partners

Source text in Chinese: bit.ly/2hfEV4D; bit.ly/2i1MoFv

Further company coverage: ($1 = 6.9450 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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