The NAICS Code 531 is described as
Real Estate Description
Industries in the Real Estate subsector group establishments that are primarily engaged in renting or leasing real estate to others; managing real estate for others; selling, buying, or renting real estate for others; and providing other real estate related services, such as appraisal services.
Establishments primarily engaged in subdividing and developing unimproved real estate and constructing buildings for sale are classified in Subsector 233, Building, Developing, and General Contracting.
Real Estate Investment Trusts (REITS) are classified in Subsector 525, Funds, Trusts, and Other Financial Vehicles because they are considered investment vehicles.
(2019-08-02) It belongs to the code group
NAICS Code 53 Real Estate and Rental and Leasing
To this Code "531" belongs the sub codes
- NAICS Code 5311: Lessors of Real Estate
(Lessors of Real Estate)
- NAICS Code 5312: Offices of Real Estate Agents and Brokers
- NAICS Code 5313: Activities Related to Real Estate
The equivalent ISIC Code (Rev. 3.1) is
7010: | Real estate activities with own or leased property |
| Activités immobilières sur biens propres ou loués |
The nearest NACE Code (Rev. 1.1) is
70.11: | Erschließung von Grundstücken - Erschließung von eigenen Grundstücken |
70.11: | Development and selling of real estate - Development and selling of real estate |
70.11: | Promotion immobilière |
70.11: | Valorizzazione e vendita immobiliare |
70.11: | Promocion inmobiliaria por cuenta propia |
70.11: | Projectontwikkeling |
70.11: | Udstykning af fast ejendom |
The equivalent CPC Code (Rev. 1.1) is
Translation of the Code description
(2019-08-02)
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