Buying and selling of own real estate and real estate development

Notes from sub-category 68.11.00:

• –buying and selling of self-owned real estate, e.g.:
• –apartment buildings and dwellings
• –non-residential buildings, including office buildings, industrial buildings, warehouses, hotels and other leisure buildings, exhibition halls, self-storage facilities, retail stores/shops and shopping centres
• –data centres
• –land
• –subdividing real estate into lots, without land improvement
• –buying and selling of timeshare properties

Notes from sub-category 68.12.00:

• –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 buildings projects for self-owned residential and non-residential buildings or civil engineering works to realise the building projects for later sale

• ✕general construction and specialised construction activities for buildings and civil engineering works, see section F
• ✕architectural and engineering activities and related technical consultancy, see 71.1
• ✕provision of architectural or engineering project management services for construction projects, see 71.1

Excluded from class 68.11:

• ✕subdividing and improving self-owned land for later sale, see 68.12
• ✕development of building projects for sale, see 68.12

Excluded from class 68.12:

• ✕construction activities related to land improvement, see section F
• ✕complete remodelling or renovating of existing residential or non-residential buildings involving several specialised construction activities, see division 41
• ✕construction of residential and non-residential buildings, see division 41
• ✕painting and glazing activities as part of maintenance, see 43.34
• ✕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