Real estate activities (PKD section M)
PKD divisions in this section
This section includes:
- activities related to the management of real estate for own account, renting, buying and selling real estate,
- activities of various types of entities operating in the real estate market, for example investment companies, real estate investment funds, including REIT funds (Real Estate Rental Companies (SRWN)), real estate asset management companies, development companies or real estate trading companies, housing cooperatives,
- activities of agents and/or brokers in at least one of the following areas: buying or selling real estate, renting real estate, providing other real estate-related services (for example property valuation or escrow agency activities),
- property management,
- implementation of own building and civil engineering construction projects (including renovation and reconstruction) for subsequent sale or rental. Activities covered by this section may be carried out on owned or leased property or performed on contract.
This section excludes:
- general and specialised construction works, classified in the relevant subclasses of section F "Construction".
Industry statistics (2025)
Number of companies
Companies
427,629
Companies (primary PKD)
88,590
Companies with financials
40,848
Business turnover
Legal structure
Legal formShare of companiesNumber of companies
- Sp. z o.o.46.5%53,669
- JDG40.3%46,574
- Sp. k.3.7%4,323
- Cooperative3.5%3,987
- Sp. j.3.1%3,587
- S.A.0.7%794
- Foundation0.3%399
- Association0.3%341
- P.S.A.0.3%310
- Other0.3%307
- Sp. p.0.0%7
Financial results
The calculation excludes new companies that pull financial results down. Only firms with a filing in the previous year are included, so market trends are easier to read.
Median revenue
Ranking
Median revenue compared with other PKD codes.
Top companies by revenue
| # | Company | Legal form | Revenue | Net profit |
|---|---|---|---|---|
| 1 | S.A. | USD 491.41m | USD 145.20m | |
| 2 | sp. z o.o. | USD 400.04m | USD -6.78m | |
| 3 | S.A. | USD 326.75m | USD 55.30m | |
| 4 | S.A. | USD 278.81m | USD 55.04m | |
| 5 | S.A. | USD 254.03m | USD 32.26m | |
| 6 | S.A. | USD 226.11m | USD 3.18m | |
| 7 | sp. z o.o. | USD 222.10m | USD -62.02m | |
| 8 | sp. z o.o. | USD 199.68m | USD 21.32m | |
| 9 | S.A. | USD 187.21m | USD 53.25m | |
| 10 | S.A. | USD 183.70m | USD 84.07m |
Stock market
12 companies from this industry are listed.
| Company | Ticker | Market | Price | Change | Market cap |
|---|---|---|---|---|---|
| DOM | GPW Main Market | PLN 238.50 | +1.49% | USD 1.54bn | |
| 1AT | GPW Main Market | PLN 62.00 | -0.16% | USD 670.54m | |
| ECH | GPW Main Market | PLN 5.42 | -0.73% | USD 559.20m | |
| PBX | GPW Main Market | PLN 8.00 | -0.62% | USD 49.65m | |
| NVA | GPW Main Market | PLN 19.60 | 0.00% | USD 49.00m | |
| RNK | GPW Main Market | PLN 4.35 | -0.11% | USD 40.39m | |
| BPC | NewConnect | PLN 0.24 | +4.27% | USD 14.97m | |
| EFK | GPW Main Market | PLN 6.65 | 0.00% | USD 8.30m | |
| LET | NewConnect | PLN 0.32 | +8.90% | USD 5.06m | |
| CCE | GPW Main Market | PLN 0.25 | +7.83% | USD 2.13m | |
| RNT | NewConnect | PLN 5.50 | 0.00% | USD 1.88m | |
| LCN | NewConnect | PLN 0.22 | +0.90% | USD 1.19m |
FAQ
The primary industry for 88,590 companies is real estate activities. 40,848 entities have filed financial statements.
So far in 2026, 6,145 new companies with PKD M have been registered. In all of 2025, there were 7,686 such companies.
So far in 2026, 693 companies with PKD M have been deregistered. In all of 2025, there were 871 such companies.
In 2025, the median revenue for PKD M was USD 167.82k and the mean revenue was USD 1.42m, based on 28,624 financial statements. Averages and medians include only companies that file financial statements, excluding sole proprietorships.
Yes, in 2025, the median net profit was USD 4.70k, an improvement on 2024 (USD 4.00k). Among all 88 PKD sections in Poland, it ranks 53rd, placing it among the weakest 40%.
The most common legal form for PKD M is sp. z o.o., used by 53,669 companies in this industry (46.5% of the total). In second place is a sole proprietorship (46,574 companies, 40.3%), and in third place – sp. k. (4,323 companies, 3.7%).














