The property management industry is a big business in China.
This is particularly the case in Shanghai that is the home to many offices and industrial space. In fact, it’s so big that the Canton Fair has a fair solely dedicated to property management in Shanghai.
You can find all kinds of property management companies, including small and local firms to large-sized multinationals. Of course, they serve different purposes.
In this article, we focus on primarily foreign-owned property management companies. Let’s start with a company that is significantly active in the property management industry, including Southeast Asia and Eastern Asia.
1. Savills China
Savills is a leading property management company in Asia that currently has 18 offices and more than 9,000 employees in China.
Savills primarily manages large projects and caters to companies, as such, individual investors will most likely not use their services.
The company has been around since 1995 in the Chinese market and the Shanghai office was one of the first opened.
Over the years, the company has established itself as one of the most reputable property management companies and won many awards globally.
Savills offers a wide range of professional services in the commercial and residential real estate markets. Their property management services can be found under the property & asset management services.
Thanks to their close collaboration with developers, authorities, and deep knowledge of the Chinese property market, Savills can help corporate clients with tailor-made service models.
25th Floor, Two ICC, 288 South Shaanxi Road, Xuhui District 200031
2. JLL China
Jones Lang LaSalle (JLL) is one of the oldest real estate companies in the world and currently has 13 offices in China. It’s an acclaimed and top-flight real estate company that has won plenty of awards in the past decades.
Thanks to its size, JLL China primarily caters to large corporations and can take on major commercial real estate projects, as well as residential projects.
The company is active all over the Asia Pacific and a thought-leader in the real estate market.
JLL offers a variety of services including, not only property and asset management, but also investment advice, consultancy, valuations, to find and lease space, and more. Its property management services cover:
- Property & asset management
- Integrated facilities management
- Flexible facilities management
- Engineering & operations
22/F, HKRI Centre One, HKRI Taikoo Hui, No. 288 Shimen Yi Road, Jingan District, Shanghai 200041
3. Shui On Land
Shui On Land was founded in 2004 and has been listed on the Hong Kong Stock Exchange since 2006. It’s part of the Shui On Group and headquartered in Shanghai where it helps corporations with facility management in the Shanghai area.
It’s also a developer of commercial properties in the mainland and owns, as well as manages, various properties.
In addition to property management, the company is involved in the leasing, management, sales, and long-term ownership of prime residential and commercial property projects.
With 1.72 million square meters of real estate under management, it’s one of the biggest property management companies in the city for sure.
Examples of awards won in previous years include:
Gold – Best Futura Mega Project – 2020 MIPIM Asia Awards
Top 10 City Operators of Urban Renewal in 2020 – China Urban Regeneration Forum
They also have offices in Wuhan, Foshan, and Chongqing.
Shui On Land works with property and asset management, in addition to various other real estate services in mainland China.
333 Huai Hai Zhong Road, Shanghai
4. CBRE China
CBRE is the biggest commercial property company in the world and is currently ranked number 128 on the Fortune 500 list. It’s a thought leader and a pioneer in the real estate industry with decades of experience from Asian markets.
The company has been around in China since 1988 when it was appointed as a leasing consultant for a major project in Beijing.
Since then, they have expanded to Shanghai, Wuhan, Chengdu, Guangzhou, just to mention a few, and provide services in hundreds of cities.
CBRE China works with large clients that buy or lease commercial or residential properties.
CBRE offers a wide range of property management services in China, including:
- Property Management
- Asset Management
- Technical & Sustainability Services
- Client Accounting & System Solutions
- Tenancy Management
- Leasing & Marketing
- Building Services
- Consultancy Services
43F, Park Place, 1601 West Nanjing Road, Jing’an District, Shanghai
Unit 2510-13, 2 IFC, 8 Century Avenue, Pudong District, Shanghai
Room 3201-03, 32F, East Tower, Raffles City The Bund, No. 1089, Dongdaming Road, Hongkou District, Shanghai
5. Colliers International
Colliers International was originally founded in Canada and has spread to dozens of countries, employing more than 15,000 people. It’s a major real estate company that competes with CBRE, JLL, Knight Frank, and Savills.
In China, Colliers has offices in many other cities in addition to Shanghai, including Beijing, Chengdu, Guangzhou, Hangzhou, Nanjing, and Nanning in the South. The company is listed on Nasdaq and a respected player in the market.
The company manages offices, residential properties, retail, hotels, and agri-businesses, for example.
The company works with Property Management, Facilities Management, Financial Management, and Portfolio Management for large-sized customers.
In the property management field, they work operationally to increase tenant retention, reduce costs, and increase revenues for property owners.
16F Hong Kong New World Tower, 300 Huaihai Zhong Road, Shanghai 20021
6. GSN Property Service Provider
GSN was originally started in Germany in 1996 and has 20 years of experience working with property management in the Chinese market.
They are a respected brand that works with local and international clients, covering the workplace, commercial, education, residential, hospitality and healthcare sectors.
Being a German company, they work with large-sized German clients, including companies like Bosch, BMW, Mercedes, and the German School. Yamaha is also a client of the company.
The company offers the following services:
- Cleaning Service
- Technical Service
- Gardening Service
- Security Service
- Support Service
901 B, Shenggao International Bldg. 137 Xianxia Road, Changning District Shanghai 200051
Hines is by far one of the biggest and leading property-management companies, being privately owned and founded in 1957.
The company has a presence in 240 cities in 27 countries and manages 172.9 million square feet of assets, the company provides third-party property-level services for the areas.
The company doesn’t only work with property management, but also with the development and redevelopment of projects.
It currently has 181 developments underway globally and has developed, redeveloped, or acquired 1,450 properties since its inception.
Hines offers a wide range of services in real estate, for example:
- Acquisition & Disposition Coordination
- Marketing & Leasing
- Tenant Relations
- Comprehensive Asset Analysis
- Preventive Maintenance
- Energy Management
- Operating Cost Management
- Building Commissioning
Suite 1000, One Museum Place, 669 Xin Zha Road, Jing An District, Shanghai, PRC 200041