BRIEF-China Aoyuan Property says unit to acquire Beijingshi Xishui Garden Property Management

March 23 (Reuters) - China Aoyuan Property Group Ltd

:

* Vendor purchaser and target company entered into equity

transfer agreement

* Deal for consideration of RMB658 million

* Deal for acquisition of entire equity interests of

Beijingshi Xishui Garden Property Management Co

* Vendor being Beijing Hande Culture Development; Purchaser

being unit Guangdong Aoyuan Commercial Real Estate Group

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