Variant of NAICS 2017 Version 3.0 - Industrial production (based on the 2008 International Recommendations for Industrial Statistics)

Variant of NAICS 2017 Version 3.0 - Industrial production (based on the 2008 International Recommendations for Industrial Statistics)
Definition of superscripts
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2 - Other than industrial production

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)
53119 - Lessors of other real estate property

This industry comprises establishments, not classified to any other industry, primarily engaged in renting and leasing real estate other than buildings.

531190 - Lessors of other real estate propertyUS

This Canadian industry comprises establishments, not classified to any other Canadian industry, primarily engaged in renting and leasing real estate other than buildings.

  • Illustrative example(s)

    • agricultural property rental
    • industrial park operating
    • lessors of railroad property
    • mobile home park operating
    • real estate investment trusts (REITs), operating real estate other than buildings

    All examples

  • Exclusion(s)

    • leasing of residential buildings (See 531111 Lessors of residential buildings and dwellings (except social housing projects))
    • rental operation of commercial buildings (See 531120 Lessors of non-residential buildings (except mini-warehouses))
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