Property management
This segment manages residential and non-residential properties, handling day-to-day services like cleaning, security, maintenance, and repair coordination.
Customers and revenue model
Country Garden Services Holdings Co Ltd
OTC:CTRGF
Country Garden Services Holdings Co Ltd
OTC:CTRGF
Price:
0.7252
USD
Market Closed
Market Cap:
$2.4B
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Company Overview
Business Description
- Sector
- Real Estate
- Industry
- Real Estate
- Headquarters
- China CN
- Employees
- 209 837
- IPO date
- Jun 19, 2018
Country Garden Services Holdings is a China-based property management company. It takes over buildings and neighborhoods after construction and handles day-to-day work such as cleaning, security, maintenance, landscaping, and fee collection. Its main customers are property developers, homeowners, residents, and commercial property owners who need someone to run and maintain their properties.
The company makes money mainly from recurring property management fees, plus extra services sold to communities and property owners. Those add-on services can include repairs, home services, parking, advertising, rental and agency work, and other neighborhood services. It also provides certain city and public service contracts, which broaden its customer base beyond private residential estates.
What makes the business model different is that it sits between the builder and the long-term user of a property. Once a project is handed over, Country Garden Services can keep earning fees for years by staying tied to the property and its residents. That gives it a steady, contract-based role in China’s real estate value chain, with income driven more by ongoing service relationships than by one-time sales.
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