August Data Reveals Steady Expansion Among China's Leading Property Management Firms

Stock News
Sep 03

According to the latest industry report released on September 3rd, the top 50 property management companies in China added approximately 51.17 million square meters of contracted area in August 2026, indicating sustained scale growth among the sector's leaders. The average newly added contracted area for these top firms stood at 1.02 million square meters.

Among the fastest-expanding companies during this period, CHINA RES MIXC, Shanghai Yongsheng Property Management Co., Ltd., and Country Garden Services Group Co., Ltd. each surpassed 3.5 million square meters in newly contracted area, demonstrating particularly aggressive growth.

In terms of third-party market expansion, the top 50 property firms collectively secured 46.94 million square meters of new contracted area, translating to an average of 939,000 square meters per company. Leading the pack were CHINA RES MIXC and Shanghai Yongsheng Property Management Co., Ltd., with third-party expansion areas of 7.86 million and 7.19 million square meters, respectively.

When broken down by tier, the top 10 companies achieved an average third-party expansion area of 2.93 million square meters, while companies ranked 11th through 30th averaged 640,000 square meters per firm in this category.

For city service contracts secured in August 2026, Greentown Property Service Group Co., Ltd. stood out with a notable win for the property management services project covering public kindergartens (Gouzhuang, Xitangyayuan, Xiangyang, and Dufu) in Liangzhu Subdistrict, Hangzhou. This contract was valued at 17.16 million yuan and covers the period from September 2026 to August 2028.

Other industry players also made significant strides in the city services sector, including Guangdong Hongde Technology Property Co., Ltd., Country Garden Services Group Co., Ltd., Shanghai Yongsheng Property Management Co., Ltd., and CSCEC Yipin Property Operations Co., Ltd., all of which secured contracts in this rapidly growing segment.

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