5311
5311 Lessors of real estate
Bailleurs de biens immobiliers • Industry group
Industries
4 industriesWhat code 5311 includes
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.
Exclusions & Cross-References
- real estate investment trusts, primarily investing in mortgages or construction loans (See 526989 All other miscellaneous funds and financial vehicles (CAN))
- real estate property management on behalf of property owners (See 531310 Real estate property managers (CAN))
Classification Hierarchy
- Sector 53 — Real estate and rental and leasing
- Subsector 531 — Real estate
- Industry group 5311 — Lessors of real estate