July 16 (Reuters) - APN Property Group Ltd APD.AX :
* Acquisition of retail property for new fund
* Exchanged contracts to secure its second convenience retail property for launch of its proposed new convenience retail property fund
* Says in aggregate the completion value of these two properties is approximately $37 million
* Says new fund is expected to be launched in August this year
* Source text for Eikon ID:nASX5R3vqY