Class · NACE Rev. 2.1 / TEÁOR'25

68.12 Development of building projects

This class 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

This class also includes

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

This class 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

Also searched as

property developerreal estate developerreal estate developmentproperty developmenthousing developmentresidential developmentapartment projectoffice developmentland developmentbuilding project for saledevelopment companycondo developmentdeveloper companynew build homesland improvement for saleredevelopment projectproject developer

Former codes (TEÁOR'08)

TEÁOR'08 41.10TEÁOR'08 42.99