DoBe Elected Chair Unit of SFIC Real Estate Chamber of Commerce Asset Management Branch, Boosting Shanghai's Asset Management
Recently, the Second Second Member Congress of the Real Estate Chamber of Commerce of Shanghai Federation of Industry and Commerce and its 20th Anniversary Celebration were successfully held. Ms. Yang Qian, Party Leadership Group Member and Vice Chairperson of the Shanghai Federation of Industry and Commerce; Mr. Zhao Zhengting, Executive Deputy Secretary of the Party Committee and Secretary-General of the China Real Estate Chamber of Commerce, along with over 250 leaders, guests, and peers from the real estate industry gathered together to review the chamber's glorious 20-year journey and look forward to new directions for the future development of the real estate industry. At the event, Dobe Group was officially elected as the chair unit of the Asset Management Branch of the Asset Management Branch, Real Estate Chamber of Commerce of Shanghai Federation of Industry and Commerce, with Mr. Jia Bo, Chairman of Dobe Group, serving as the first chairperson.
The newly established Asset Management Branch is China's first professional industry organization dedicated to real estate asset management. It was jointly initiated by several renowned enterprises including Deqian Group, Zhenghai Real Estate, Jinmao Group, Yuexiu Property, Financial Street Holdings, Dacheng Law Firm, Parkview Group, Kheng Leong Group, Pengxin Group, CRED Holding, Mytech, and Dobe Group. The establishment of this branch is not only a significant initiative to promote high-quality urban development but also holds positive implications for Shanghai's goal of becoming a global asset management hub and facilitating long-term capital market entry.
The branch aims to deeply integrate "asset management + technology" to establish a municipal asset database in Shanghai, addressing challenges in operational efficiency for existing assets. At the preparatory meeting of the branch, Jia Bo, Chairman of DoBe Group, emphasized that the branch will position itself as a "pioneer and leader during the transformation period", with a vision to create a full-cycle ecosystem encompassing "policy research - asset operation - capital exit". Short-term goals include recruiting over 200 members and reducing corporate financing costs by 1.5 percentage points. Mid-to-long-term plans involve building the "Shanghai Asset Management Big Data Center", establishing a REITs listing incubation pool, and guiding 3-5 enterprises to explore listings on the Hong Kong or Singapore REITs markets, thereby supporting Shanghai's ambition to become a national benchmark for real estate asset management standards.
DoBe's innovative practices in asset management stem from its deep integration capabilities across the entire industry chain, breaking away from the traditional "heavy ownership, light operation" mindset. By focusing on technology empowerment and ecosystem development, it revitalizes idle assets, achieving multidimensional value through "space + service + capital", thereby driving urban renewal and industrial upgrading. For instance, DoBe E-Manor of Daning serves as a model for industry-city integration. Its operational philosophy of "content-driven asset appreciation" has been included in the training materials for the "Fourth Specialized Training Program on Revitalizing and Enhancing State-Owned Enterprise Stock Assets", providing strategic insights for high-quality management of state-owned enterprise stock assets. Facing the challenge of rising vacancy rates in commercial office buildings, in March this year, DoBe partnered with Xinyue Asset Management, a subsidiary of Cinda Real Estate, to form a strategic alliance. Leveraging their respective strengths, they aim to explore innovative urban renewal models such as converting commercial spaces into residential or office use through refined operations and service innovation, thereby enhancing asset management efficiency in urban renewal and providing replicable examples for the industry.
Confronted with the dual challenges of global economic shifts and domestic transformation, the Asset Management Branch will adopt strategies of industry-academia-research collaboration, cross-regional coordination, and government-enterprise cooperation to jointly drive high-quality development in the sector. The Branch will collaborate with universities to establish the "Real Estate Asset Management Research Institute", regularly releasing the "Yangtze River Delta Asset Management Trends Blue Book". It will also launch the "Yangtze River Delta Asset Management Alliance" to share cross-border REITs channels and policy benefits, while creating an "Asset Management Policy Express" mechanism to offer customized services for members, optimize the policy environment, and support efficient business operations.
Twenty years ago, China's real estate industry created an economic miracle through "high turnover". Today, the industry stands at a new starting point of "asset management", using "refined operations" to write a new chapter in sustainable urban development. The establishment of the Asset Management Branch, Real Estate Chamber of Commerce of Shanghai Federation of Industry and Commerce is not an endpoint but the beginning of a long march toward "value redefinition". The branch is committed to "creating sustainable value for every building" and supporting the high-quality development transformation of Chinese cities.
As the leading unit, DoBe Group will shoulder more responsibilities and missions, fully leverage its professional advantages in asset management, actively participate in the formulation and promotion of industry standards, and contribute wisdom to the standardized development of the industry. At the same time, DoBe will serve as a platform hub to promote exchanges and cooperation among branch members. Through the integration of resources across the entire industrial chain, it will help Shanghai achieve an overall leap in asset management levels and lead the industry toward higher-dimensional value creation.
