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68.12
Class
Development of building projects
SDMX: M6812
Class Level
4 Depth
0 Children
1 Siblings
📋 Official Classification Notes

✓ Includes

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

+ Also Includes

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

✗ Excludes

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

Who is this code for?

Verified: SEMANTIC_SECTION_MATRIX
Common titles: Property manager, Housing officer
Common titles: Estate agent, Realtor
Common titles: Surveyor, Valuer

Evidence: Representative SOC 2020 occupations for SIC Section L (Development of building projects).

Data source: Office for National Statistics (ONS) — UK SIC 2026
This is an independent reference resource and is not affiliated with the ONS or UK Government. Please verify critical information in official sources before making legal, financial, or business decisions.