North American Industry Classification System (NAICS) Canada 2017 Version 1.0

North American Industry Classification System (NAICS) Canada 2017 Version 1.0
Introduction
Definition of superscripts
Hierarchical structure

53 - Real estate and rental and leasing

This sector comprises establishments primarily engaged in renting, leasing or otherwise allowing the use of tangible or intangible assets. Establishments primarily engaged in managing real estate for others; selling, renting and/or buying of real estate for others; and appraising real estate, are also included.

531 - Real estate

This subsector comprises establishments primarily engaged in renting and leasing real estate, managing real estate for others, acting as intermediaries in the sale and/or rental of real estate, and appraising real estate.

  • Exclusion(s)

    • acquisition, assembly, subdivision into lots and servicing of raw land for subsequent sale to builders (See 237210 Land subdivision)
    • construction and development of buildings (See 23 Construction)
    • providing short-term lodging for travellers, vacationers and others (See 721 Accommodation services)

5311 - Lessors of real estate

This industry group comprises establishments primarily engaged in renting and leasing real estate properties. These establishments may operate (rent, lease, administer and maintain) their properties on own account, or they may subcontract the operation to a third party. This industry group also includes establishments that lease real estate from others, and sublease it to others.

  • Exclusion(s)

    • real estate investment trusts, primarily investing in mortgages or construction loans (See 526989 All other miscellaneous funds and financial vehicles)
    • real estate property management on behalf of property owners (See 531310 Real estate property managers)
53112 - Lessors of non-residential buildings (except mini-warehouses)

This industry comprises establishments primarily engaged in owning, or owning and operating, non-residential buildings. These establishments may operate (lease, administer and maintain) their properties on own account, or they may subcontract the operation to a third party, and they may provide additional services, such as security, maintenance, parking, and snow and trash removal.

531120 - Lessors of non-residential buildings (except mini-warehouses)US

This Canadian industry comprises establishments primarily engaged in owning, or owning and operating, non-residential buildings. These establishments may provide additional services, such as security, maintenance, parking, and snow and trash removal.

  • Illustrative example(s)

    • auditorium rental or leasing
    • concert hall operation
    • convention facilities, rental only
    • flea market space renting
    • landlords of commercial and industrial buildings
    • leasing non-residential buildings
    • real estate investment trusts (REITs), operating non-residential buildings (except mini-warehouses)
    • shopping centres, property operation only
    • stadium operating

    All examples

  • Inclusion(s)

    • operation of non-residential properties on own account
    • subcontracting operation of non-residential properties to a third party

  • Exclusion(s)

    • non-residential property managers (See 531310 Real estate property managers)
    • self-storage mini-warehouses (See 531130 Self-storage mini-warehouses)
    • warehouses engaged in goods handling activities (See 4931 Warehousing and storage)
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