Core Insights - The top five companies in the construction management sector maintained a high market share of 49% in the first three quarters of 2025, indicating a continued trend of high concentration in the industry, making it difficult for other companies to break through [1][14]. Group 1: Market Overview - The overall market for construction management remains highly concentrated, with the top five companies capturing 49% of the new construction area, consistent with the previous half-year [14]. - The top 20 companies in terms of new construction area saw a year-on-year increase of 31%, with six companies exceeding 10 million square meters in new contracts this year, indicating strong expansion intentions among leading firms [9][10]. Group 2: Company Performance - Green City Management led the new construction area with over 27 million square meters, approximately double that of the second-ranked company, showcasing a significant lead in market expansion [10]. - The top 10 companies almost all reported positive growth, with some, like Run Di Management and Longhu Longzhizao, experiencing increases exceeding 80% [17]. Group 3: Brand and Marketing Strategies - Leading companies are enhancing their brand visibility through various channels, including traditional and industry media, to improve brand awareness and market attention [20]. - The industry is transitioning from price competition to value competition, with companies focusing on comprehensive strength and differentiated development [20][21]. - Green City Management launched a significant marketing campaign to celebrate its 20th anniversary, achieving substantial engagement with over 130,000 viewers during a live event [22].

大连华南汇的成功并非孤例。今年8月，远洋建管在乌鲁木齐雅山璟庐项目中，便以"项目医生"式的专 业介入，通过对项目进行精准把脉、系统诊断，制定针对性解决方案并高效执行，最终助力项目实现热 销与如期高品质交付，赢得了委托方的高度认可和感谢。 远洋建管将把"项目医生"式的深度服务理念融入更多合作，凭借精准研判、精细管理和专业操盘，保障 项目实施，为合作伙伴创造更大价值。 10月11日，中指研究院发布《2025年1-9月中国房地产代建企业排行榜》，远洋建管位列'新签规模排行 榜'第8位、'政府代建新签规模排行榜'第7位、'代建销售规模排行榜'第12位，展现出强劲的业务拓展能 力和操盘实力。 今年以来，远洋建管持续提速发展。中指研究院数据显示，远洋建管1-9月新签面积达715万平方米，其 中政府代建面积108万平方米，在北京、上海、广州、杭州等多座核心城市获得委托方高度认可，业务 拓展成效显著。 同时，由远洋建管全流程操盘的大连华南汇项目，凭借出色的市场表现与产品力，成功获评'2025年1-9 月房地产优秀代建项目'。中指研究院指出，远洋建管深入开展市场调研、精心设计产品方案、高效完 成报批报建、细致铺排节点计划，以专 ...

近日，中指研究院发布《2025年1-9月中国房地产代建企业排行榜》。数据显示，2025年1-9月，绿城管理(09979)以706亿元合约销售金额位列代建销售榜 首位。蓝绿双城和金地管理代建项目销售金额分别为172.4亿元和150.0亿元，位列二、三位。随着入局代建企业增加，代建项目纷纷进入销售阶段，代建 企业销售规模也在持续提升。当前，大部分商品住宅均需要代建企业代销，因此，销售去化能力也成为代建企业项目拓展的重要能力，日益受到代建企 业重视。 新增规模方面，2025年1-9月，绿城管理以2790万平方米新签约规模位列第一，遥遥领先。旭辉建管和润地管理代建新签约面积分别为1301万平方米和 1290万平方米，位列二、三位，处于领先地位。当前，随着代建竞争日趋激烈，一方面，代建企业借助集团上下游链条资源优势，拓宽代建边界，以"代 建+X"模式，增加项目获取机会。另一方面，部分代建企业前置介入代建流程，联动委托方获取优质土储。 2025年1-9月，房地产代建企业积极布局政府代建，从榜单来看，润地管理以810万平方米的新拓面积位列榜单第一。旭辉建管和龙湖龙智造位列二、三 位，新签约政府代建规模分别为580万平方米和 ...

Core Insights - The report from the China Index Academy highlights the performance of real estate construction companies in the first nine months of 2025, with Greentown Management leading in contract sales amounting to 70.6 billion yuan [1][3] - The competitive landscape is intensifying as more companies enter the construction sector, focusing on sales capabilities and project expansion [1] Sales Performance - Greentown Management achieved a contract sales amount of 70.6 billion yuan, followed by Blue-Green Twin Cities at 17.24 billion yuan and Jindi Management at 15 billion yuan [1][3] - The sales area for Greentown Management was 5.33 million square meters, with Blue-Green Twin Cities and Jindi Management at 1.025 million and 840,000 square meters respectively [3] New Contract Signings - In terms of new signed contracts, Greentown Management led with 27.9 million square meters, significantly ahead of Xuhui Construction Management and Run Di Management, which signed 13.01 million and 12.90 million square meters respectively [1] - For the period of July to September 2025, Xuhui Construction Management topped the new signed area with 4.25 million square meters, followed by Jindi Management and Longhu Longzhizao at 3.98 million and 3.20 million square meters [1] Government Projects - In the government construction sector, Run Di Management led with 8.1 million square meters of new signed area, while Xuhui Construction Management and Longhu Longzhizao followed with 5.8 million and 3.41 million square meters respectively [2] - The focus of these government projects includes affordable housing, schools, and sports venues, with some companies exploring urban renewal opportunities [2]

Core Insights - The report from the China Index Academy highlights the ranking of real estate construction management companies, with Greentown Management leading in new signed contracts and sales volume for the first nine months of 2025 [1] Group 1: Company Rankings - Greentown Management achieved a new signed contract area of 27.9 million square meters, ranking first [1] - CIFI Construction Management and Runze Management followed in second and third place with new signed areas of 13.01 million square meters and 12.90 million square meters, respectively [1] Group 2: Sales Performance - Greentown Management also topped the sales chart with a contract sales amount of 70.6 billion yuan for the same period [1] - The report indicates that most residential properties currently require construction management companies for sales, emphasizing the importance of sales capability for project expansion [1]

Group 1 - The article highlights the national recruitment of partners for the New City Construction Management Supply Chain Platform and the Blue乐 Group [1] - The project in Jining City, Shandong Province, involves the signing of a contract by Tengyun Contemporary Management Company [1] - The foundation-laying ceremony for the CIFI Construction Management project in Nantong Tongzhou District has been completed [1] Group 2 - The marketing management service for a project with a total construction scale of 300,000 square meters aims to enhance sales volume and price [2] - The project in Jining is a benchmark for urban integration, focusing on low-density quality housing and commercial facilities [3] - The project in Dalian is strategically located in a key commercial area, with a sales amount of 93 million [4] Group 3 - The total area for the Jining project is 28,700 square meters, with a planned construction area of 114,300 square meters [3] - The successful signing of seven projects by New City Construction Management in July indicates a strong market presence [7] - The first comprehensive capability evaluation standard for construction management companies has been released [7]

Core Insights - The construction agency sector is transitioning from the "incremental expansion" phase (1.0) to the "quality improvement" phase (2.0) [1] - Over 100 real estate companies are currently involved in construction agency or undertaking agency business, with a stable competitive landscape expected by 2025 [2] - Urban renewal has become a crucial aspect of real estate policy, receiving significant government support [2][4] Group 1: Market Dynamics - The number of companies entering the construction agency sector is not expected to increase by 2025, leading to intensified competition [2] - Only about 40 companies are likely to sustain and expand their business in the market despite many entering the field [2] - The complexity and long cycles of urban renewal projects require companies to possess comprehensive management and compliance capabilities [2][19] Group 2: Policy and Funding Support - The central government has elevated urban renewal to a key focus, emphasizing high-quality urban development and structural optimization [4][5] - Since 2025, the frequency of urban renewal policy announcements has increased significantly, with major cities like Shanghai and Nanjing actively promoting related initiatives [5][7] - There are notable disparities in special bond investments across provinces, with Shandong leading with a total investment of 528.9 billion yuan in urban renewal projects [9][15] Group 3: Project Opportunities - In the first half of 2025, approximately 260 construction agency projects were awarded, marking an 8% year-on-year increase, although growth momentum has slowed compared to previous years [12] - Shandong, Guangdong, and Jiangsu provinces account for 50% of the awarded urban renewal projects, correlating with their higher special bond investments [15] - Leading construction agency firms like Greentown Management and Blue City Group have successfully secured urban renewal projects, indicating potential growth opportunities in this sector [17][19] Group 4: Operational Challenges - Urban renewal projects require comprehensive lifecycle management, including planning, demolition, construction, and industry integration [19] - Companies must have strong financing capabilities and be able to assist in project financing solutions to ensure financial stability [19] - A robust risk management framework is essential for navigating the complexities and uncertainties associated with urban renewal projects [19]

能否真正理解政策、整合资源、平衡多方诉求，将成为代建企业能否在城市更新赛道上实现规模与品牌突破的关键。 ◎ 文/ 谢杨春、吴嘉茗 随着城市更新政策的不断落地，有望进一步释放政府代建的需求。然而，与传统开发不同，城市更新类代建项目复杂度高、周期 长、利益相关方多元，要求企业不仅需具备工程管理与合规能力，更要在产业导入、文化保育、资金协同乃至风险化解方面构建系 统竞争力。 能否真正理解政策、整合资源、平衡多方诉求，将成为代建企业能否在这条赛道上实现规模与品牌突破的关键。 城市更新政策力度、资金支持力度持续提升 01 有望进一步释放政府代建的需求 2025年以来，城市更新成为房地产政策端重要一环，在房地产市场中占据着关键地位，得到了政府在表态、政策制定和资金支持方 面的显著扶持。 政府表态上： 2025年7月的两次重要会议（中央城市工作会议和中央政治局会议）中均提及城市更新，中央城市工作会议指出当前 和今后一个时期城市工作的总体要求包括"以推进城市更新为重要抓手"；7月末的中央政治局会议要求落实城市工作会议精神，高质 量开展城市更新。 政策出台上： 2025年以来，配合中央城市工作高质量发展的方针，城市更新类政策的 ...

Group 1 - In August, several companies including Jindi Management, Erjin Management, China Metallurgical Real Estate, and China Communications Construction signed multiple new construction projects [1][2] - Jindi Management's first commercial and office construction project in Guangzhou has been completed, marking a significant milestone for the company [5] - In the first half of 2025, Xinda Real Estate reported a construction sales amount of approximately 1.189 billion yuan, with a sales area of about 58,300 square meters [6] Group 2 - In August, residential properties accounted for 36.4% of the total construction bids, with Zhejiang being the province with the highest number of bid announcements [2][7] - 55% of the projects were won by real estate development companies, with residential properties making up 45.5% of the winning bids [9] - The total contract sales area for He Sheng Chuang Zhan's construction management properties reached approximately 43,000 square meters, with a sales amount of about 3.902 billion yuan by the end of July 2025 [4]

Core Insights - The top 30 construction management companies in 2025 have a total contract area of 1.019 billion square meters, representing a year-on-year growth of 25% [1][5] - The market is experiencing a stabilization phase with high penetration rates but slowing growth, indicating a saturated entry of companies into the construction management sector [2][4] Group 1: Market Dynamics - The construction management market penetration rate reached a historical high of 7.8% in the first half of 2025, compared to only 0.9% in 2022 [2] - The growth rate of the penetration has significantly slowed, with an increase of less than 1.2 percentage points from 2024 to 2025, down from 3.1 percentage points in 2023 and 2.6 percentage points in 2024 [2][4] - Over 100 real estate companies are involved in construction management, but the number of new entrants has not increased in the first half of 2025, indicating a stable industry landscape [4] Group 2: Competitive Landscape - The top 10 companies in the construction management sector have maintained a stable ranking, with a 100% overlap with 2024 and 80% with 2023 [6] - The bottom tier (ranked 21-30) has seen significant changes, with only a 50% overlap with 2024 and 40% with 2023, highlighting intense competition and ongoing market reshuffling [6] - New entrants in the bottom tier, such as Lianfa Group and Jiuzhu Gongjian, have replaced established companies, indicating a shift in competitive dynamics [6] Group 3: Growth Opportunities - Companies are encouraged to explore new avenues for growth, such as urban renewal projects, public housing, and distressed asset management [9] - There is a need for construction management firms to enhance their service offerings across various project stages, including early consulting and post-construction operations [9][11] - To succeed in the ongoing industry reshuffle, companies must broaden their strategic focus and improve their competitive capabilities [11]