分层级来看，TOP10企业第三方市场拓展面积均值为411万平方米，TOP11至TOP30企业第三方市场拓展面积均值为155万平方米。In July 2024, the TOP 50 property service companies in China added a total contract area of approximately 96.16 million square meters, with an average new contract area of 1.92 million square meters. Among them, Country Garden Living Service Group Co., Ltd. (06098), Poly Property Services Co., Ltd. (06049), and China Merchants Shekou Industrial Operation and Development Holdings Co., Ltd. expanded rapidly, with new contract areas of over 5 million square meters.
According to the Zhongzheng Property Research Report, in July 2024, the TOP 50 property service companies added a total contract area of approximately 96.16 million square meters, with an average new contract area of 1.92 million square meters. Among them, Country Garden Living Service Group Co., Ltd. (06098), Poly Property Services Co., Ltd. (06049), and China Merchants Shekou Industrial Operation and Development Holdings Co., Ltd. expanded rapidly, with new contract areas of over 5 million square meters.
In July 2024, the third-party market expansion area of the TOP 50 property service companies totaled 84.43 million square meters, with an average of 1.69 million square meters. The top two companies in terms of third-party market expansion were Country Garden Living Service Group Co., Ltd. and China Merchants Shekou Industrial Operation and Development Holdings Co., Ltd., with third-party market expansion areas of 6 million square meters and 4.47 million square meters, respectively. In terms of hierarchical classification, the average third-party market expansion area of the TOP 10 companies was 4.11 million square meters, while for the TOP 11 to TOP 30 companies, it was 1.55 million square meters.
In July 2024, the TOP 10 companies had an average third-party market expansion area of 4.11 million square meters, while for the TOP 11 to TOP 30 companies, it was 1.55 million square meters.
In July 2024, the TOP 50 companies undertook a total associated area of approximately 15.35 million square meters, with an average of 0.31 million square meters for the new associated areas, and a threshold value of 0.48 million square meters for converting the waiting area of the TOP 10 companies.
Undertaking projects from sibling companies is an important means of expanding the scale of property management companies. Leading companies such as Poly Property Services Co., Ltd. and Wanwu Yunjian Space Technology Services Co., Ltd. will add over 1.5 million square meters of managed area with the support of their parent and associated companies. Relying on the development of associated real estate companies, the stability of the growth of property service companies’ managed area is effectively guaranteed.
According to Zhongzheng's data monitoring, there were no merger and acquisition cases in July 2024, which may be related to the current market environment and corporate strategic adjustments. Under uncertain market conditions and fierce industry competition, property service companies may consider capital operations such as mergers and acquisitions more cautiously to avoid the risks of blind expansion. At the same time, companies may also focus more on improving internal management and service quality to respond to market challenges.
