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Section: L. Real estate activities

Division: 68. Real estate activities

Subcomponents of this SIC division include:

More Information on this SIC Division

Real estate activities

68.1 Buying and selling of own real estate

68.10 Buying and selling of own real estate

This class includes:
- buying and selling of self-owned real estate:
• apartment buildings and dwellings
• non-residential buildings, including exhibition halls, self-storage facilities, malls and shopping centres
• land

This class also includes
- subdividing real estate into lots, without land improvement

This class excludes:
- development of building projects for sale, see 41.10
- subdividing and improving of land, see 42.99

68.2 Renting and operating of own or leased real estate

68.20 Renting and operating of own or leased real estate

68.20/1 Renting and operating of Housing Association real estate


This subclass includes:
- renting and operating of self owned or leased real estate which is used for housing association activities only

This subclass also includes:
- renting and operating of housing association owned real estate:
• apartment buildings and dwellings
• land
- providing homes for rent for those who are vulnerable, on low income and/or key workers such as nurses.
- sheltered or supported homes
- operation of services to help residents improve their communities
- offering homes through a shared ownership scheme
- development for building projects for own operation

68.20/2 Letting and operating of conference and exhibition centres                                                                                                                                                                                       

68.20/9 Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.


This subclass includes:
- renting and operating of self-owned or leased real estate:
• apartment buildings and dwellings
• non-residential buildings, excluding conference and exhibition centres, self-storage facilities
• land
- providing of homes and furnished or unfurnished flats or apartments for more permanent use, typically on a monthly or annual basis

This subclass also includes:
- operation of residential mobile home sites
- development for building projects for own operation

This subclass excludes:
- operation of hotels, suite hotels, holiday homes, rooming houses, campgrounds, trailer parks and other non-residential or short-stay accommodation places, see division 55    

68.3 Real estate activities on a fee or contract basis

68.31 Real estate agencies

This class includes the provision of real estate activities by real estate agencies:
- intermediation in buying, selling and renting of real estate on a fee or contract basis
- advisory activities and appraisal services in connection with buying, selling and renting of real estate, on a fee or contract basis
- real estate escrow agents activities

This class excludes:
- legal activities, see 69.10

68.32 Management of real estate on a fee or contract basis

This class excludes:
- legal activities, see 69.10
- facilities support services (combination of services such as general interior cleaning, maintenance and making minor repairs, trash disposal, guard and security), see 81.10
- management of facilities, such as military bases, prisons, and other facilities (except computer facilities management), see 81.10