REAL ESTATE ACTIVITIES
What this code covers
Use this section for rEAL ESTATE ACTIVITIES when the main activity includes Furthermore, it includes agents and/or brokers in one or more of the following: selling or buying real estate, renting out of real estate, providing other real estate services (for example, appraising real estate or acting as a real estate escrow agent). Activities in this section may be carried out on self-owned or leased property and may be carried out on a fee or contract basis.. Check exclusions and nearby codes before applying it to a mixed activity.
Official NACE Rev. 2.1 labels and explanatory notes are imported from the source dataset. Plain-language explanations are shown separately so readers can compare interpretation with the source text.
This is a top-level section with no parent code.
- This section includes the activities of owning, renting out, buying, selling, developing or refurbishing (redeveloping) property. It includes various types of real estate investors (for example, 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, renting out of real estate, providing other real estate services (for example, appraising real estate or acting as a real estate escrow agent). Activities in this section may be carried out on self-owned or leased property and may be carried out 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 rental.
- general construction and specialised construction activities for buildings and civil engineering works, see section F
- Compare with A, B, C when the main activity overlaps another code.
- Review the Rev. 2 to Rev. 2.1 mapping type before migrating old records.
- Check national equivalent caveats before using this code for local registration or filing workflows.
- If the main revenue activity appears in an exclusion, compare the alternative code before deciding.
Use this guide as classification support, not legal, tax, filing, or regulatory advice.
- - This section includes the activities of owning, renting out, buying, selling, developing or refurbishing (redeveloping) property. It includes various types of real estate investors (for example, 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, renting out of real estate, providing other real estate services (for example, appraising real estate or acting as a real estate escrow agent). Activities in this section may be carried out on self-owned or leased property and may be carried out 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 rental.
- - general construction and specialised construction activities for buildings and civil engineering works, see section F
- - Furthermore, it includes agents and/or brokers in one or more of the following: selling or buying real estate, renting out of real estate, providing other real estate services (for example, appraising real estate or acting as a real estate escrow agent). Activities in this section may be carried out on self-owned or leased property and may be carried out on a fee or contract basis.
- - General construction and specialised construction activities for buildings and civil engineering works, see section F
What is NACE M used for?
Use NACE M for real estate activities when the main activity matches this scope: Use this section for rEAL ESTATE ACTIVITIES when the main activity includes Furthermore, it includes agents and/or brokers in one or more of the following: selling or buying real estate, renting out of real estate, providing other real estate services (for example, appraising real estate or acting as a real estate escrow agent). Activities in this section may be carried out on self-owned or leased property and may be carried out on a fee or contract basis.. Check exclusions and nearby codes before applying it to a mixed activity.
What are typical examples for M?
Typical examples include Furthermore, it includes agents and/or brokers in one or more of the following: selling or buying real estate, renting out of real estate, providing other real estate services (for example, appraising real estate or acting as a real estate escrow agent). Activities in this section may be carried out on self-owned or leased property and may be carried out on a fee or contract basis..
When might M not be the right code?
Review another code when the activity is closer to general construction and specialised construction activities for buildings and civil engineering works, see section F.
Which codes should I compare before choosing M?
Compare M with A AGRICULTURE, FORESTRY AND FISHING, B MINING AND QUARRYING, and C MANUFACTURING when the activity description is ambiguous.
Use this section for aGRICULTURE, FORESTRY AND FISHING when the main activity includes Crop and animal production, hunting and related service activities and Forestry and logging. Check exclusions and nearby codes before applying it to a mixed activity.
Use this section for mINING AND QUARRYING when the main activity includes Mining and quarrying include the extraction of minerals occurring naturally as solids (coal and ores), liquids (petroleum) or gases (natural gas). Extraction can be achieved by different methods (for example, underground or surface mining, well operation, seabed mining). and Mining activities are classified into divisions, groups and classes on the basis of the principal mineral produced. Divisions 05 and 06 are concerned with mining and quarrying of fossil fuels (coal, lignite, petroleum, gas); divisions 07 and 08 concern metal ores, various minerals and quarry products.. Check exclusions and nearby codes before applying it to a mixed activity.
Use this section for mANUFACTURING when the main activity includes The output of a manufacturing process may be finished in the sense that it is ready for use or consumption, or it may be semi-finished in the sense that it is to become an input for further manufacturing. For example, the output of alumina refining is the input used in the primary production of aluminium; primary aluminium is the input to aluminium wire drawing; aluminium wire is the input for the manufacture of fabricated wire products. and Manufacture of specialised components and parts of, and accessories and attachments to machinery and equipment is, as a general rule, classified in the same class as the manufacture of the machinery and equipment for which the parts and accessories are intended. Manufacture of unspecialised components and parts of machinery and equipment (for example, engines, pistons, electric motors, electrical assemblies, valves, gears, roller bearings, is classified in the appropriate class of manufacturing, without regard to the machinery and equipment in which these items may be included.. Check exclusions and nearby codes before applying it to a mixed activity.
Use this section for eLECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY when the main activity includes This section therefore includes the operation of electricity and gas utilities. and The section also includes heating and cooling (for example, steam and air conditioning supply) through a permanent network.. Check exclusions and nearby codes before applying it to a mixed activity.
Use this division for the broader activity area of real estate activities, including Real estate activities with own property and development of building projects, Rental and operating of own or leased real estate, and Real estate activities on a fee or contract basis. Open the child codes when a more specific code is needed.
Rev. 2 code F can map to more than one Rev. 2.1 class: F CONSTRUCTION, M REAL ESTATE ACTIVITIES, O ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES, S ARTS, SPORTS AND RECREATION.
Official close match imported from NACE Rev. 2.1.
Datasets, CRM segments, KYC rules, reporting logic, and historical joins may need review because the activity scope is not a simple unchanged carry-over.
Review the official explanatory notes for each target code and confirm whether the business activity still fits the suggested Rev. 2.1 class.
Rev. 2 code L can map to more than one Rev. 2.1 class: I ACCOMMODATION AND FOOD SERVICE ACTIVITIES, M REAL ESTATE ACTIVITIES.
Official close match imported from NACE Rev. 2.1.
Datasets, CRM segments, KYC rules, reporting logic, and historical joins may need review because the activity scope is not a simple unchanged carry-over.
Review the official explanatory notes for each target code and confirm whether the business activity still fits the suggested Rev. 2.1 class.