Hainan Airlines Unit Leases Beijing Property to Zhonghe Xinyuan for 20 Years

MT Newswires Live01-28

Hainan Airlines (SHA:600221, SHA:900945) subsidiary Xinhua Airlines is leasing a property in Shunyi District, Beijing.

The property covers 19,941 square meters, including six apartment buildings and a three-story standalone building, according to a Tuesday filing with the Shanghai bourse.

The 20-year lease starts March 1, with total rent of 260 million yuan. The tenant is Zhonghe Xinyuan.

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