UPDATE 1-Nanjing set to renew Longbridge lease - St.Modwen


(Adds detail) LONDON, Feb 21 (Reuters) - Chinese carmaker Nanjing Automobile was expected to renew its lease on the former MG Rover plant at Longbridge in central England on Wednesday, the site's owner told Reuters on Tuesday. Property developer St. Modwen Properties Plc said it was hopeful the lease, due to expire on Wednesday, would be renewed. Nanjing had been in talks to extend the lease for at least six months. "I hope to be in a position sometime later this evening to confirm ...

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