BRIEF-New Century Real Estate Investment Trust says unit enters agreement with Hangzhou Industrial & Commercial Trust

March 24 (Reuters) - New Century Real Estate Investment

Trust

* New Century Reit (through its wholly-owned subsidiary,

Full Wise Hk) entered into share purchase agreement with

purchaser

* Consideration is equal to agreed property value of rmb800

million

* deal for disposal of entire registered capital of target

company to purchaser

* Target company is Lishui Full Wise Hotel Management

Limited, purchaser is Hangzhou Industrial & Commercial Trust

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(bangalore.newsroom@thomsonreuters.com)