Index : Real Estate and Rental and Leasing : Page 4
Real Estate and Rental and Leasing
Categories
Al-Themar International Holding Co.(KSCC)
PO Box 1161
Safat
Kuwait
Safat
Kuwait
Phone: +965 5333114, Fax: +965 5310510
http://www.althemar.net
http://www.althemar.net
Alargan International Real Estate Co. (KSC)
PO Box 8904
Salmiya
Kuwait
Salmiya
Kuwait
Phone: +965 4820440, Fax: +965 4822298
http://www.alargan.com
http://www.alargan.com
Albilad Real Estate Investment Company
PO Box 75737
Manama
Bahrain
Manama
Bahrain
Phone: +973(1)7100150, Fax: +973(1)7100151
http://www.albiladbh.com
http://www.albiladbh.com
AlDar AlKhasa Urban Development
PO Box 51928
Jeddah
Saudi Arabia
Jeddah
Saudi Arabia
Phone: +966(2)6688333, Fax: +966(2)6688222
ALFARDAN REAL ESTATE COMPANY W.L.L.
Po Box 9948
Doha
Qatar
Doha
Qatar
Phone: +974 4408408, Fax: +974 4427623
http://www.alfardanrealestate.com
http://www.alfardanrealestate.com
Alliance Business Centers
PO Box 20181
Dubai
United Arab Emirates
Dubai
United Arab Emirates
Phone: +971(4)2611166, Fax: +971(4)2611163
http://www.abcn.ae
http://www.abcn.ae
Aqaba Business Park
TAGI House, Queen Noor Street,
Amman
Jordan
Amman
Jordan
Phone: +962(6)5100900, Fax: +962(6)5100901
http://www.aqababusinesspark.com
http://www.aqababusinesspark.com
Aqar Real Estate Investments Co. (SAKC)
PO Box 20017
Sharq
Kuwait
Sharq
Kuwait
Phone: +965 2491900, Fax: +965 2491906
Description of Classification
Real Estate and Rental and Leasing (NAICS # 53)
The Sector as a Whole
The Real Estate and Rental and Leasing sector comprises establishments primarily engaged in renting, leasing, or otherwise allowing the use of tangible or intangible assets, and establishments providing related services. The major portion of this sector comprises establishments that rent, lease, or otherwise allow the use of their own assets by others. The assets may be tangible, as is the case of real estate and equipment, or intangible, as is the case with patents and trademarks.
This sector also includes establishments primarily engaged in managing real estate for others, selling, renting and/or buying real estate for others, and appraising real estate. These activities are closely related to this sector's main activity, and it was felt that from a production basis they would best be included here. In addition, a substantial proportion of property management is self-performed by lessors.
The main components of this sector are the real estate lessors industries; equipment lessors industries (including motor vehicles, computers, and consumer goods); and lessors of nonfinancial intangible assets (except copyrighted works).
Excluded from this sector are real estate investment trusts (REITS) and establishments primarily engaged in renting or leasing equipment with operators. REITS are classified in Subsector 525, Funds, Trusts, and Other Financial Vehicles, because they are considered investment vehicles. Establishments renting or leasing equipment with operators are classified in various subsectors of NAICS depending on the nature of the services provided (e.g., transportation, construction, agriculture). These activities are excluded from this sector because the client is paying for the expertise and knowledge of the equipment operator, in addition to the rental of the equipment. In many cases, such as the rental of heavy construction equipment, the operator is essential to operate the equipment.
The Sector as a Whole
The Real Estate and Rental and Leasing sector comprises establishments primarily engaged in renting, leasing, or otherwise allowing the use of tangible or intangible assets, and establishments providing related services. The major portion of this sector comprises establishments that rent, lease, or otherwise allow the use of their own assets by others. The assets may be tangible, as is the case of real estate and equipment, or intangible, as is the case with patents and trademarks.
This sector also includes establishments primarily engaged in managing real estate for others, selling, renting and/or buying real estate for others, and appraising real estate. These activities are closely related to this sector's main activity, and it was felt that from a production basis they would best be included here. In addition, a substantial proportion of property management is self-performed by lessors.
The main components of this sector are the real estate lessors industries; equipment lessors industries (including motor vehicles, computers, and consumer goods); and lessors of nonfinancial intangible assets (except copyrighted works).
Excluded from this sector are real estate investment trusts (REITS) and establishments primarily engaged in renting or leasing equipment with operators. REITS are classified in Subsector 525, Funds, Trusts, and Other Financial Vehicles, because they are considered investment vehicles. Establishments renting or leasing equipment with operators are classified in various subsectors of NAICS depending on the nature of the services provided (e.g., transportation, construction, agriculture). These activities are excluded from this sector because the client is paying for the expertise and knowledge of the equipment operator, in addition to the rental of the equipment. In many cases, such as the rental of heavy construction equipment, the operator is essential to operate the equipment.
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