Financial Street Property Co. Limited Class H
HHKEX:15021.88
HKD
-0.02
(-1.06%)
Financial Street Property Co. Limited Class H
HKEX:1502
(Hong Kong Exchange)
Recent
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1.88
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yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Financial Street Property Co., Limited Financial Street Property Co., Limited is a China-based company principally engaged in the provision of comprehensive property management services and related services; its core offerings include customer services, security services, cleaning and gardening services, engineering repair and maintenance services, car park management services, rental services, parking management and consultancy, logistic services, property agency services, catering management services, elderly care services, and value-added services such as convenience retail under the Yiji brand encompassing coffee catering mail delivery smart new retail car services and business life service chains. The company manages a diverse portfolio of commercial and business properties including office buildings complexes retail buildings hotels and low-density office parks as well as non-commercial properties such as residential communities public facilities hospitals educational institutions government authorities schools cultural and sports venues and others; it serves property developers owners owners' associations tenants residents and financial institutions across financial districts like Beijing Financial Street Chongqing Jiangbeizui Financial City Nanjing Financial City Huai'an Financial Center and Tianjin Global Financial Center. Incorporated in 1994 and headquartered at 24F Tower T2 Western Ring Plaza No. 1 Xizhimenwai Avenue Xicheng District Beijing China the company operates through subsidiaries across seven regions in the People's Republic of China including Northern China Southwestern China Eastern China Southern China Northeastern China Central China and Northwestern China as well as Hong Kong covering 26 provinces municipalities autonomous regions and special administrative regions with approximately 49.59 million square meters of gross floor area under management as of June 2025 across 391 projects of which non-residential properties account for 57.4% and 90.7% of the first-half 2025 GFA increase derived from independent third parties. In recent developments the company has expanded its portfolio with key new projects in 2024 and 2025 including the Property Management Project for Beijing Central Axis Heritage Conservation Center comprising Zhengyangmen Gatehouse and Archery Tower China Development Bank Huairou Party School and Disaster Recovery Center ICBC Huai'an Branch Hong Kong Fortune Garden providing security services for 4200 units and others in office buildings government authorities schools and cultural venues leading to a 12.8% year-on-year GFA growth to 49.59 million sq.m. and 65 additional projects by mid-2025; it also acquired an 11% equity stake in a target company via open market bidding with its subsidiary acquiring another 11% stake in Chongqing Jiangbeizui Property Service renewed framework agreements with Financial Street Group for leasing property management and deposit services through 2025 reported revenue growth of 16.92% to RMB951.38 million and profit growth of 9.23% for the six months ended June 2025 and continues strategic expansion in first- and second-tier cities focusing on commercial office and public construction sectors while leveraging technologies like enterprise resource management platforms property ERP IBMS intelligent building systems and mobile office solutions.