Lianjia

China’s largest real estate agency, **Lianjia**, is closing **one-fifth of its Shenzhen offices** following the city’s cap on home prices. The move comes as **pre-owned home transactions** in Shenzhen have declined due to regulatory restrictions. The agency operates over 1,300 branches nationwide, serving millions of property buyers and sellers.

Sep 2021Nikkei AsiaNews article

Lianjia acquires a 10% stake in Century 21 China’s franchise network through a strategic investment agreement. The deal expands Lianjia’s presence in China’s real estate market by integrating its operations with Century 21’s established franchise system. Both companies aim to strengthen their combined market reach and service offerings for clients.

Sep 2017Asia TimesNews article

Vanke is acquiring an undisclosed stake in Lianjia, China’s leading property agency, through a $435 million investment. The deal follows Sunac’s January valuation of Lianjia at $6 billion, with prior backers including Baidu, Tencent, and Huasheng Capital. Lianjia operates a nationwide network of real estate services, connecting buyers, sellers, and developers.

Apr 2017Yahoo News SingaporeNews article

China Vanke, the country’s second-largest homebuilder by sales, is acquiring an undisclosed stake in Lianjia, a major Chinese real estate agency, through a **S$608 million (3 billion yuan)** investment. The move expands Vanke’s presence beyond property development into residential brokerage and services. Lianjia operates a nationwide network of offices and dominates China’s online property transaction platform.

Apr 2017The Business TimesNews article