Valuation Trading Multiples & Precedent Transactions: Real Estate Services and Management Companies
Valuation benchmarks for Real Estate Services and Management Companies. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
1.1 - Real Estate Services and Management Companies Market Context & Valuation Drivers
Companies in this trading comparable group are asset-light real estate services providers delivering property and facilities management, flexible workplace solutions, and advisory/valuation services to owners, occupiers and investors. Revenue is primarily fee-based and linked to occupancy, contract duration, and service scope. They are grouped as comparables given similar service portfolios, recurring revenue models, scale-driven operating leverage, and exposure to residential and commercial property cycles.
Typical capabilities span residential and commercial property management and community services, on-site facilities operations and maintenance, flexible workspace offerings including serviced offices, coworking and meeting rooms, virtual office solutions for remote business presence, transaction and leasing advisory, valuation and appraisal, and investment management and consulting. These companies monetize through management fees, occupancy-based charges, project fees, and brokerage commissions, supported by nationwide networks and technology-enabled service delivery.
Primary customers include real estate owners and landlords, corporate occupiers and SMEs, and institutional investors across residential, office and mixed-use assets. Key valuation benchmarks center on organic revenue growth, EBITDA margin expansion, occupancy and utilization rates for managed properties and workspaces, contract renewal and client retention, and fee yield per square foot or desk. Scale, geographic mix, and backlog visibility also drive comparability.
2. Valuation Analysis: Public Trading Comps & Multiples for Real Estate Services and Management Companies companies
2.1 - Public Peer Groups & Median Valuation Multiples for Real Estate Services and Management Companies sector
Comparable group 1: Real Estate Services and Management Companies
Onewo
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of property management services including residential, commercial, and urban space management, facility maintenance, and comprehensive urban services across various properties in China.
- Key Products:
- Residential Property Services: Management of residential buildings and communities
- Commercial Property Services: Operation and management of commercial properties
- Urban Space Integrated Services: Comprehensive urban space management
- Residential Consumption Services: Home services and residential consumption solutions
- Enterprise Services: Facility management for enterprises.
International Workplace Group
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of flexible workspace solutions including serviced offices, coworking spaces, meeting rooms, and virtual offices, with a global presence and a focus on enabling productivity and collaboration for businesses of all sizes.
- Key Products:
- Serviced Offices: Fully furnished and serviced office spaces available for flexible leasing
- Coworking Spaces: Shared workspace environments fostering collaboration and networking
- Meeting Rooms: Professional meeting spaces available for booking by the hour or day
- Virtual Offices: Business address services with mail handling and call answering
- Workplace Recovery: Services ensuring business continuity with emergency office space.