Guangzhou R&F Properties (HKG:2777) has adopted a realistic view of the market and set its target for contracted sales in 2012 at a very achievable RMB32 billion, the company said in its 2011 results announcement.

This represents a modest increase over the actual contracted sales for 2011. This is a goal that is fully supported by a schedule for launching around 39 projects.

Source:chinesestock