NACEClass
NACE 68.12—Development of building projects
Class · Statistical Classification of Economic Activities (Rev. 2.1 (2023))
Where 68.12 sits
- M Real estate activities
- 68 Real estate activities
- 68.1 Real estate activities with own property and development of building projects
- 68.12 Development of building projects
What 68.12 includes
- Development of building projects for self-owned residential and non-residential buildings or civil engineering works by bringing together financial, technical and physical means to realise the building projects for later sale
- Subdividing and improving of self-owned land for later sale
- Redevelopment of building projects for self-owned residential and non-residential buildings or civil engineering works to realise the building projects for later sale
What 68.12 excludes
- Construction of residential and non-residential buildings, see division 41
- Complete remodelling or renovating of existing residential or non-residential buildings involving several specialised construction activities, see division 41
- Painting and glazing activities as part of maintenance, see 43.34
- Construction activities related to land improvement, see section F
- Development of building projects for own operation, i.e. for renting out the space in these buildings, see 68.20
- Architectural and engineering activities, see 71.1
- Provision of architectural or engineering project management services for construction projects, see 71.1
68.12 in other systems
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