Sep 24, 2021 05:03 PM (GMT+8) · EqualOcean
Cailian, September 24 (Reuters) - Beijing Investment Development announcement previously disclosed that Beijing Jingtou Yintai Real Estate Co., Ltd., the holding subsidiary of the company, plans to sell the office and commercial building of xihuafu building project, the underground commercial building of xiguiyuan project and B1 parking spaces formed by cooperative development and construction to Beijing infrastructure Investment Co., Ltd. ("Beijing Investment Company") or a wholly-owned subsidiary of Beijing investment company. The counterparty of this transaction has recently been identified as Beijing Beijing Investment Property Management Co., Ltd. ("Beijing investment asset management company"), which is a wholly-owned subsidiary of Beijing investment company. Up to now, the company has received the intention payment and the first phase house purchase payment totaling RMB 501569360, and has recently signed relevant agreements.