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BRIEF-COFCO Property Group Unit's Consortium Wins Land Auction For 3.4 Billion Yuan

Jan 17 (Reuters) - COFCO Property Group Co Ltd:

* SAYS UNIT'S CONSORTIUM WINS LAND AUCTION FOR 3.4 BILLION YUAN ($528.52 million) Source text in Chinese: http://bit.ly/2mQscHV Further company coverage: ($1 = 6.4330 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)