- CEO
- Xuping Chen
- Full Time Employees
- 29,738
- Sector
- Real Estate
- Industry
- Real Estate - Development
- Address
- Building 6 Beijing People's Republic of China
- IPO Date
- Apr 25, 2016
- Business
- Longfor Group Holdings Limited is a leading real estate development company primarily engaged in the development, sale, and operation of residential properties, commercial offices, retail malls, and mixed-use complexes across China. The company’s core products and services include residential property development; commercial and office premises development and leasing; property investment; property management and related services; hotel operations; and smart construction services. Longfor operates through three main segments: Property Development, which focuses on the development and sale of residential, office, and commercial properties; Property Investment, which handles leasing of investment properties developed or subleased by the group; and Services and Others, encompassing property management, hotel operation, and ancillary services. The company manages a substantial land bank strategically distributed across various urban regions in China, with a strong emphasis on quality living spaces and sustainable urban development.
Founded in 1993 and headquartered in Beijing, China, Longfor has expanded its operations to cover major Chinese cities and regional markets. It maintains a significant presence with over 140 million square meters of managed property space and invests heavily in technology-driven real estate services and green building initiatives, including smart city integration and digital transformation to enhance operational efficiency and customer experience. In recent years, Longfor has deepened strategic partnerships, notably with the Canada Pension Plan Investment Board (CPPIB), to co-develop retail mall assets and rental housing projects under the Paradise Walk brand and other initiatives targeting rising demand for quality rental housing in first-tier and core second-tier Chinese cities.
Recent major developments include Longfor’s acquisition of new land plots in 2025 totaling over 249,000 square meters of gross floor area, reflecting a sustained focus on land bank expansion to fuel future development. The company has enhanced its investment portfolio strategy by divesting certain joint venture stakes, such as CPPIB’s stake in a China mall joint venture sold to Dajia Insurance, while maintaining operational control and ownership of key assets. Longfor reported strong contracted sales in 2024, with residential projects accounting for approximately 70-80 percent of total sales revenue, alongside steady growth in commercial property leasing income and property management services. It also continues to invest in sustainable and innovative building technologies, with recent annual investments reported in the range of RMB 1.8 billion for green building and smart city projects.
Longfor’s business model targets diverse customer segments including homebuyers, commercial tenants, retail clients, and investors, positioning itself as an integrated property developer and operator emphasizing quality, innovation, and sustainability. It operates subsidiaries to manage various aspects of its property development, investment, and management operations. Overall, Longfor Group Holdings Limited combines a comprehensive product portfolio, strategic land acquisition, technology-driven enhancement, and strong partnerships to maintain its competitiveness and leadership in the Chinese real estate industry.