In November, China Vanke said it would spin off and list its property manager, Onewo Space-tech Service, in Hong Kong. Photo: Bloomberg
M&A activity of Chinese property management firms poised to jump this year amid rush to raise much-needed cash
- The number and value of mergers and acquisitions in the property management segment will jump as much as 30 per cent, says CGS-CMBI Securities
- Financially healthier developers continue to list their property management arms to pursue acquisitions
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China property
In November, China Vanke said it would spin off and list its property manager, Onewo Space-tech Service, in Hong Kong. Photo: Bloomberg
