definition
strict definition
real estate
Related terms: property company · real estate company
A company or other entity with ownership, management, or controlling interests in land and structures.
A real estate company is a company, individual, fund, or other entity which owns, manages, or groups other organizations involved with controlling interests in structures and land-based properties.
Real estate companies are also called property companies.
The interest can be held directly or through organizations that control properties. A property company therefore need not perform the physical construction or everyday maintenance itself.
