Traditional Culture Encyclopedia - Hotel franchise - Jianfa or Vanke, which is stronger?
Jianfa or Vanke, which is stronger?
From the perspective of asset scale, in 2022, Vanke's total assets were 2.67 trillion yuan, and Jianfa's total assets were 1.35 trillion yuan, and Vanke was significantly larger. From the perspective of business scope, Vanke mainly focuses on residential development, but also dabbles in commercial real estate, property management, hotels and cultural tourism, while Jianfa's business scope is relatively small, including only residential development and commercial real estate.
However, in terms of housing quality, the requirements of Jianfa Real Estate are higher, and many construction units are unwilling to be construction contractors of Jianfa Real Estate, indicating that the quality of Jianfa Real Estate is generally higher. Houses with the same location and price, Jianfa houses sell better than other developers.
To sum up, Jianfa and Vanke have their own advantages in strength. Jianfa is slightly inferior to Vanke in asset scale and business scope, but it performs well in house quality.
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