CITIC Securities: The intelligent transformation of property management is flourishing, ushering in new development momentum for the industry.

The research report from CITIC Securities indicates that, according to statistics from the China Index Research Institute, the scale of the property management market has increased from 259.1 billion square meters in 2020 to 314.1 billion square meters in 2024, with a compound annual growth rate of 4.9%. The scale is stable and increasing, and the industry has entered a stage of stable development. The current development momentum of the property management industry has shifted, with short-term growth in revenue stabilizing. Improving quality and efficiency has become the main focus for property management companies to enhance performance, and digital empowerment has become an important means to achieve this. It is optimistic about companies that have a solid operating base and a leading advantage in investing in and applying digital technology in property management.