NIC M—Real estate activities

Where M sits

1. M Real estate activities

Contains 1 narrower code

• 68 Real estate activities

What M includes

• This section includes activities of owning, renting out, buying, selling, developing or refurbishing (redeveloping) property. It includes various types of real estate investors, e.g. real estate investment companies, real estate investment trust (REITs), real estate asset management firms, real estate funds, real estate development companies or real estate traders, housing cooperatives. Furthermore, it includes agents and/or brokers in one or more of the following: selling or buying real estate, rental real estate, providing other real estate services such as appraising real estate or acting as real estate escrow agents. Activities in this section may be carried out on own or leased property and may be done on a fee or contract basis.
• This section also includes the development of construction projects for self-owned buildings or civil engineering works for later sale or lease

What M excludes

• General construction and specialised construction activities for buildings and civil engineering works, see section F

M in other systems