CNAEClass

CNAE 68.12—Real estate development

Class · Clasificación Nacional de Actividades Económicas (2025)

Where 68.12 sits

  1. M Real Estate Activities
  2. 68 Real estate activities
  3. 68.1 Self-employed real estate activities and real estate development
  4. 68.12 Real estate development

What 68.12 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
  • Subdividing and improving of self-owned land for later sale
  • Redevelopment of building projects for self-owned residential and non-residential buildings or civil engineering works to realise the building projects for later sale

What 68.12 excludes

  • Construction of residential and non-residential buildings (see division 41)
  • Complete remodelling or renovating of existing residential or non-residential buildings involving several specialised construction activities (see division 41)
  • Painting and glazing activities as part of maintenance (see 43.34)
  • Construction activities related to land improvement (see section F)
  • 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)

68.12 in other systems

ANZSICAustralia · New Zealand
ISICUnited Nations (global)
JSICJapan
MSICMalaysia
SICUnited States (legacy)

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