ICNEA 7020—Property management

Where 7020 sits

1. K Real estate industry
2. 70 Real estate industry
3. 702 Property management
4. 7020 Property management

What 7020 includes

• Refers to the activities of a property service enterprise to repair, maintain, and manage houses, supporting facilities, equipment, and related sites in accordance with the contract, and to maintain environmental hygiene and related order.
• Includes the following property management activities：
• Residential property management activities: property management activities such as residential areas, residential buildings, apartments, villas, resorts, etc;
• Office building property management activities: property management activities such as office buildings and unit office buildings;
• Property management activities for commercial premises: property management activities such as shopping malls, commercial buildings, hotels, and recreational places;
• Property management activities of industrial and mining enterprises;
• Property management of railway stations, airports, ports, docks, hospitals, schools, etc;
• Sports venue property management services;
• The management of direct-managed public housing by the housing management department (Housing Authority, Housing Authority);
• Property management of self-owned houses by units;
• It is not responsible for market management, only rents out booths, and collects management fees such as water, electricity, gas, communications, sanitation, and security related to the normal operation of the booths;
• Other property management activities.

What 7020 excludes

• Shopping center, included in 7222 (commercial complex management service);
• A commercial complex integrating shopping, dining, entertainment and fitness, included in 7222 (commercial complex management service);
• A complex of entertainment, culture, office and shopping, included in 7222 (commercial complex management service);
• Independent house maintenance and equipment renewal activities, included in the E (construction industry) related categories;
• The market management activities of trade buildings and commodity buildings are included in 7223 (Market management services);
• Community services, included in 8090 (other resident service industries).

7020 in other systems