Chinas Realty Management Services Boosted by Growing Urbanization, More Government Housing

San Francisco, CA (PRWEB) September 16, 2012

Over the five years through 2012, revenue for the Realty Management industry in China has been increasing 15.2% per year to reach $ 64.1 billion. In the latter half of the period, rising inflation and increased speculation activities led to new government policies to curb housing prices. As a result, fewer houses were built and growth in demand for the Realty Management industry for in China slowed, says IBISWorld. Offsetting this lower growth in the commercial real estate sector, however, has been the Chinese governments construction of over 10 million indemnificatory houses (i.e. non-commercial residential housing) for medium- and low- income families.

This industry’s concentration level is very low due to the large number of small firms, low barriers to entry and geographical limitations to expansion. Except for leading global real estate services providers, such as CB Richard Ellis Group, Jones Lang LaSalle, and Savills, major companies in this industry are subsidiaries of real estate enterprises. Five of the top ten companies in the Realty Management industry in China are global real estate services providers. IBISWorld anticipates that industry concentration will increase with the introduction of a public bidding system for choosing realty management enterprises, along with the operating scale expansion of major companies, and mergers and acquisitions among these enterprises. The foreign presence in the industry is also expected to increase in line with the need for high-end realty management services. To promote project sales, many real estate developers often recruit well-reputed global real estate service providers to advise them.

A growing population, increasing urbanization and per capita floorage, and the construction of indemnificatory houses will boost demand for residential and other realty services in cities and towns in the next few years, says IBISWorld. In addition, the government is expected to increase the regulatory requirements for the Realty Management industry, which will create a favorable environment for its long-term development.

For more information, visit IBISWorlds Realty Management industry in China report page.

Follow IBISWorld on Twitter:!/IBISWorld

Friend IBISWorld on Facebook:

IBISWorld industry Report Key Topics

The Realty Management industry in China provides real estate and property management services such as professional realty maintenance, public security, environmental management, and other relevant services according to specified contract conditions.

Industry Performance

Executive Summary

Key External Drivers

Current Performance

Industry Outlook

Industry Life Cycle

Products & Markets

Supply Chain

Products & Services

Major Markets

Globalization & Trade

Business Locations

Competitive Landscape

Market Share Concentration

Key Success Factors

Cost Structure Benchmarks

Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data

Annual Change

Key Ratios

About IBISWorld Inc.

Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit or call 1-800-330-3772.

This entry was posted in Real Estate / Property and tagged , , , , , , , , , . Bookmark the permalink.

Leave a Reply