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Leading 100 property managers' net profit share from VAS in China 2015-2018

In 2018, the leading 100 property management companies in China earned a share of 44.3 percent of their net profit from value-added services (VAS). The huge share of net profit from VAS is based on a considerably higher net margin, as revenues from VAS were in sum much smaller than those from basic management services.

Share of net profit from value-added services of the leading 100 property management companies in China from 2015 to 2018

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Sources

Release date

October 2019

Region

China

Survey time period

2015 to 2018

Special properties

value-added services (VAS)

Supplementary notes

Value-added services of property management companies can largely be categorized according to the target customer in question: non-property owners or property owners (referred to as community VAS). Services to non-property owners include consultancy services, sales assistance services, engineering services, online advertisement services, etc. Services to property owners are relating to the daily needs of the communities and include repair and maintenance services, education related services, retirement care services, etc.

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