Vanke Commercial Properties focuses on expanding super high-rise complexes, head corporate headquarters and overseas markets, incorporating DTZ’s asset management ideas.
At the Vanke media exchange meeting on October 17, Zhu Baoquan, a partner of Vanke Group and CEO of Property BG, revealed that Vanke Property had previously acquired a share of Dai De Liang Xing, and a joint venture, the new company “All Things Liang Xing” officially went into operation in January this year. As of the end of September this year, 140 new projects were added, with a total management area of over 100 million square meters.
In July 2018, Vanke Property took a stake in DTZ and became the cornerstone investor of the latter, and invested 4.9% of the shares in DTZ’s global headquarters and became an important industrial shareholder of DTZ. In December 2019, the two parties established a joint venture company Wanwu Lianghang, which merged the PM and FM business lines of Vanke Property and the two business lines of DTZ and injected them into the new company to complete the business integration of the two companies.
Li Qingping, partner of Vanke Group Property BG and chairman of Wanwu Liangxing, revealed that the CEO of Wanwu Liangxing was recommended by DTZ and Vanke Property Holdings was consolidated. The main business of Wanwulianghang is commercial property and asset management (Property and Asset Management) and integrated facility management (Integrated Facility Management). It is currently focusing on the expansion of super high-rise complexes, head corporate headquarters and overseas markets. Newly signed cooperation this year Including Meituan, Ele.me, Quick Hands, Hikvision, Aier Ophthalmology and other corporate headquarters projects, as well as Wuhan Hang Lung Plaza, Changchun Hairong Plaza, Chongqing LuHaitiandi and other super high-rise complexes.
The establishment of Wanwu Lianghang can be regarded as a landmark event in the accelerated development of Vanke’s commercial properties. Prior to its shareholding in DTZ, Vanke Property only separated its platform dedicated to commercial service business in September 2018 and named it “Wanwu Commercial Enterprise”. By the end of 2018, Vanke Service had 635 commercial and enterprise projects. As of the end of September, this number had grown to 1,140.
“The two companies established a joint venture company. The commercial property sector is a joint venture platform. This joint venture platform operates within the Vanke property system. Therefore, Vanke Property’s residential space, commercial writing space and urban space have been constructed. At the same time, China The areas of leasing, appraisal, and buying and selling that property management companies are least good at, namelyIt turns out that DTZ is the best field. “Zhu Baoquan believes, “At the end of Vanke Property, we will bring out the advantages of domestic customers, and at the end of DTZ, we will bring out the advantages of international customers. “
In the future, Vanke is also optimistic about the FM market. Vanke believes that the current 5G, digital new media, TMT and other industry-related companies are developing rapidly, and with the future strategic focus on technology, the Internet, high-end manufacturing, data centers, medicine and other cutting-edge fields, there will be more self-use companies Property types such as headquarters, R&D centers, high-tech parks, and nationally dispersed workplaces have experienced blowout growth. The rapid development of the industry has brought a large number of self-built or leased FM service gaps, and there will be more comprehensive and diversified needs for the professional management of FM service providers.
“China’s FM market is in the early stage of vigorous development, and there is a lot of room for development in the international mature market. At the same time, the rapid development of domestic industry leaders and the continuous growth of multinational companies’ domestic market demand are also for China FM Market development has created a broader space,” said Zhu Baoquan, partner of Vanke Group and CEO of Property BG, “this is also a rigid demand and business model that has been verified by the five major international banks over hundreds of years.”
With the help of the cooperation with DTZ, Vanke’s commercial and office property line has entered a rapid development track, and Vanke’s housing House propertyThe industry has also expanded on a large scale in recent years. Zhu Baoquan revealed that this year Vanke’s revenue from commercial property lines will be about 4.5 billion yuan, and residential properties will exceed 10 billion yuan, which can bring 1.5 billion yuan in profits to the group. “Everything Liangxing is facing an extremely broad market.”
Vanke Chairman Yu Liang also made it clear that “Vanke Property will go public” for the first time, but there is no “right time” yet.