scholarly journals Analysis on the Necessity of Real Estate Enterprises to Transform the Asset-Light Operation Mode: A Case Study of China Fortune Land Development

Author(s):  
Zhirong Shen ◽  
Yun Shui
2020 ◽  
Vol 8 (4) ◽  
pp. p57
Author(s):  
Xu Hongye ◽  
Chang Huan

Chinese the real estate industry has experienced more than 20 years of prosperity. The traditional operating model has brought huge profits to real estate companies under the specific economic environment and reform dividends. However, in the context of the continuous upgrade of macro-control in the real estate industry, real estate companies have narrowed their financing channels, and the pressure on funds has generally increased. They are facing an urgent need to expand financing channels, reduce financing costs, and maintain stable cash flow. In this context, it is increasingly important for real estate companies to transform their asset-light operation model. Therefore, this article will analyze the concept of light assets and the characteristics of light asset operation models, and take Vanke as an example to analyze the changes in Vanke’s financial performance before and after the transformation, and put forward relevant suggestions to provide references for real estate companies to transform asset-light operation mode.


2009 ◽  
Vol 13 (3) ◽  
pp. 229-245 ◽  
Author(s):  
Xiaoling Zhang ◽  
Liyin Shen ◽  
Yuzhe Wu ◽  
Linda C. N. Fan

China's accession to the World Trade Organization (WTO) in 2001 has allowed both domestic and overseas real estate enterprises to compete under the same market conditions. This has led to a more rigorous competition in the Chinese real estate market. Understanding this challenge is essential as it enables real estate enterprises to assess their competitiveness properly, and therefore adapt to their competition environment by applying adequate methods to improve their competitiveness. This paper presents an understanding on the applicability of various established competitiveness assessment methods. The characteristics of real estate firms are also presented with the appreciation of the Chinese environment. The study investigates the applicability of various established competitiveness assessment methods for real estate organizations in China considering the characteristics of real estate industry and the comments of the interviewees. The understanding on this applicability leads to the development of a model-procedure for assessing the competitiveness of real estate firms. The model‐procedure employs various assessment methods in different stages in the process of examining the competitiveness of real estate businesses. The effectiveness of the application of the model‐procedure is evidenced through discussions with senior professionals. Then a case study is presented to illustrate how the model‐procedure can be applied. The findings of the study provide valuable references to study competitiveness assessment in other country's real estate industries. Santruka Nuo 2001 metu, kai Kinija tapo Pasaulines prekybos organizacijos (PPO) nare, ir vietines, ir užsienio nekilnojamojo turto imones gali konkuruoti tomis pačiomis rinkos salygomis. Del to konkurencija Kinijos nekilnojamojo turto rinkoje tapo tik aršesne. Ši iššūki būtina suprasti, nes jis nekilnojamojo turto imonems leidžia tinkamai ivertinti savo konkurencinguma, prisitai kyti prie konkurencines aplinkos bei pasirinkti adekva čius metodus konkurencingumui didinti. Straipsnyje apžvelgiama, kaip suprantamas ivairiu pripažin tu konkurencingumo vertinimo metodu tinkamumas. Pateikiamos Kinijos nekilnojamojo turto imoniu charakteristikos. Remiantis atlikto tyrimo rezultatais, nekilnojamojo turto sektoriaus charakteristikomis ir apklausoje dalyvavusiu asmenu komentarais, nagrinejamas ivairiu pripažin tu konkurencingumo vertinimo metodu tinkamumas Kinijoje veikiančioms nekilnojamojo turto organizacijoms. Suvokiant ši tinkamuma, galima sukurti procedūros modeli, kuri naudojant būtu vertinamas nekilnojamojo turto imoniu konkurencingumas. Ivairiais nekilnojamojo turto imoniu konkurencingumo tyrinejimo proceso etapais taikant procedūros modeli naudojami skirtingi vertinimo metodai. Mineto modelio taikymo efektyvumas aptariamas su šios srities profesionalais. Tada pateikiamas konkretaus atvejo, parodančio procedūros modelio taikyma, tyrimas, o jo išvados suteikia vertingos informacijos, kuria galima naudoti tyrinejant konkurencingumo vertinima kitos šalies nekilnojamojo turto sektoriuose.


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