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68.12Level 4

Development of building projects

Explanatory note

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

Parent code

68.1Real estate activities with own property and development of building projects

Child codes2