Longfor Properties (HKG:0960) said that its contract sales of real estate properties in 2011 totalled RMB38.265 billion - up 14.8% on year, or 3.286 million square metres by area - an increase of 33.9% on year. The sales missed the company's target of RMB40 billion.

For December 2011 alone, the company's contract sales amounted to RMB2.652 billion.