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Chinese Management Companies are Suddenly Hot Property

Chinese Management Companies are Suddenly Hot Property One niche segment of China’s unloved property sector still has the government strongly in its corner By Jan. 11, 2021 5:50 am ET The post-pandemic year is shaping up as a tricky one for Chinese companies in the great real-estate game at least the building part of it. Companies managing existing buildings, on the other hand, are suddenly shaping up as hot property themselves. The MSCI China Real Estate index fell 16% last year as state media reported a new “three red lines” policy for home builders, new regulatory benchmarks for financial health, with the aim of controlling excessive debt. One niche segment of the industry, however, apparently still has the government in its corner. Ten government bureaus released policies last week supporting the property-management industry, including broadening service scope and more market-based pricing.

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