BRIEF-Yango Group's unit to buy property assets for 1.8 bln yuan

May 3 (Reuters) - Yango Group Co Ltd

* Says unit plans to buy property assets for 1.8 billion

yuan ($261.15 million)

Source text in Chinese: http://bit.ly/2pXyhFD

Further company coverage:

($1 = 6.8925 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)