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Zhongzhi Property Research: In July, the TOP 50 property service enterprises added a total contracted area of about 96.16 million square meters.
Top 50 Chinese property service companies with newly added contract area in July 2024.
Xing Sheng Commerce (06668.HK): Signed a 10-year operating management agreement for the Zhuhai Gongbei Port Shopping Center, with the option to renew for 5 years.
On July 23, 2024, Shenzhen Xingsheng Commercial's indirect wholly-owned subsidiary, Zhuhai City's state-owned enterprise subsidiary (owner), signed a commercial property operation and management agreement. The property involved in this agreement is a shopping center located near the Gongbei Port in Xiangzhou District, Zhuhai City, Guangdong Province. Xingsheng Commercial will provide market positioning, design and architectural consulting services, tenant solicitation services, and operation management services for the shopping center. According to the agreement, the service period is 10 years from the date of the agreement until the shopping center opens, with an option to renew for another 5 years. The fee structure includes fixed costs for positioning, design and architectural consulting services.
Xingsheng Commercial Subsidiary and a subsidiary of a state-owned enterprise in Zhuhai have signed a commercial property operation and management agreement.
Xingsheng Commercial (06668) announced that on July 23, 2024, its indirect wholly-owned subsidiary Shenzhen Xinghe Shangzhi Group Co., Ltd. entered into a commercial property operation and management agreement (the "Agreement") with a subsidiary of a state-owned enterprise owned by Zhuhai (the "Owner") regarding the provision of brand and management output services to a shopping center (the "Shopping Center") near the Gongbei Port in Xiangzhou District, Zhuhai, Guangdong Province. Under the Agreement, the group must provide brand and management output services to the Shopping Center from the date of the Agreement until the opening of the Shopping Center for a period of 10 years, including market positioning.
Centaline Commercial (06668.HK) signed a commercial property operation and management agreement.
On July 24th, Gloria Info announced that on July 23rd, 2024, its indirectly wholly-owned subsidiary, Shenzhen Star River Commercial Group Co., Ltd., entered into a commercial property operation and management agreement with a subsidiary of a municipal state-owned enterprise (the landlord) in Zhuhai. The agreement is related to providing brand and management output services to the shopping center near Gongbei Port in Xiangzhou District, Zhuhai, Guangdong Province. According to the agreement, the group is required to provide brand and management output services to the shopping center from the date of the agreement to the opening of the shopping center for a period of 10 years, including market positioning, design, and architecture consulting services.
Express News | E Star Commercial Management - Deal for Providing Brand & Management Output Services to Shopping Centre in Xiangzhou District
Express News | E Star Commercial Management - Unit Entered Commercial Property Operation and Management Agreement With Unit of Zhuhai
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