Real estate activities with own property and development of building projects
What this code covers
Use this group for real estate activities with own property and development of building projects when the main activity includes Buying and selling of own real estate and Development of building projects. 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 group includes the activities of buying, developing and selling of self-owned real estate.
- 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
- Compare with 71.1, 68.2, 68.3 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 group includes the activities of buying, developing and selling of self-owned real estate.
- - 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
- - Buying and selling of own real estate
- - Development of building projects
- - General construction and specialised construction activities for buildings and civil engineering works, see section F
- - Architectural and engineering activities and related technical consultancy
- - Provision of architectural or engineering project management services for construction projects
What is NACE 68.1 used for?
Use NACE 68.1 for real estate activities with own property and development of building projects when the main activity matches this scope: Use this group for real estate activities with own property and development of building projects when the main activity includes Buying and selling of own real estate and Development of building projects. Check exclusions and nearby codes before applying it to a mixed activity.
What are typical examples for 68.1?
Typical examples include Buying and selling of own real estate and Development of building projects.
When might 68.1 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 and architectural and engineering activities and related technical consultancy, see 71.1.
Which codes should I compare before choosing 68.1?
Compare 68.1 with 71.1 Architectural and engineering activities and related technical consultancy, 68.2 Rental and operating of own or leased real estate, and 68.3 Real estate activities on a fee or contract basis when the activity description is ambiguous.
Use this group for architectural and engineering activities and related technical consultancy when the main activity includes Architectural activities and Engineering activities and related technical consultancy. Check exclusions and nearby codes before applying it to a mixed activity.
Use this group for the broader activity area of rental and operating of own or leased real estate, including Rental and operating of own or leased real estate. Open the child codes when a more specific code is needed.
Use this group for the broader activity area of real estate activities on a fee or contract basis, including Intermediation service activities for real estate activities and Other real estate activities on a fee or contract basis. Open the child codes when a more specific code is needed.
Use this class for buying and selling of own real estate when the main activity includes Buying and selling of self-owned real estate and Apartment buildings and dwellings. Check exclusions and nearby codes before applying it to a mixed activity.
Use this class for development of building projects when the main activity includes 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 and Subdividing and improving of self-owned land for later sale. 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 41.1 is one of multiple older codes associated with Rev. 2.1 class 68.1 Real estate activities with own property and development of building projects.
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 42.9 can map to more than one Rev. 2.1 class: 42.9 Construction of other civil engineering projects, 68.1 Real estate activities with own property and development of building projects.
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 68.1 is one of multiple older codes associated with Rev. 2.1 class 68.1 Real estate activities with own property and development of building projects.
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.
Confirm the target version field and update references where Rev. 2.1 is required.