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
426,686
Companies (primary PKD)
88,247
Companies with financials
40,597
Business turnover
Legal structure
Legal formShare of companiesNumber of companies
- Sp. z o.o.46.5%53,528
- JDG40.3%46,421
- Sp. k.3.8%4,368
- Cooperative3.5%3,989
- Sp. j.3.1%3,590
- S.A.0.7%795
- Foundation0.3%402
- Association0.3%342
- P.S.A.0.3%308
- Other0.3%308
- 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 | sp. z o.o. | USD 7.30bn | USD 2.59bn | |
| 2 | sp. z o.o. | USD 1.22bn | USD 48.89m | |
| 3 | sp. z o.o. | USD 1.22bn | USD -62.02m | |
| 4 | sp. z o.o. | USD 491.68m | USD 233.25k | |
| 5 | S.A. | USD 491.41m | USD 145.20m | |
| 6 | S.A. | USD 326.75m | USD 55.30m | |
| 7 | sp. z o.o. | USD 240.49m | USD 5.42m | |
| 8 | sp. z o.o. | USD 199.68m | USD 21.32m | |
| 9 | sp. z o.o. | USD 190.95m | USD 26.25m | |
| 10 | S.A. | USD 187.21m | USD 53.25m |
Fastest-growing companies
| # | Company | Legal form | Revenue | Y/Y growth |
|---|---|---|---|---|
| 1 | sp. z o.o. | USD 491.68m | +102,494.1% y/y | |
| 2 | sp. z o.o. | USD 54.27m | +12,192.0% y/y | |
| 3 | S.A. | USD 16.32m | +9,383.8% y/y | |
| 4 | sp. z o.o. | USD 19.23m | +7,815.6% y/y | |
| 5 | sp. k. | USD 18.16m | +5,645.2% y/y | |
| 6 | sp. z o.o. | USD 20.12m | +5,474.2% y/y | |
| 7 | sp. z o.o. | USD 10.24m | +5,211.7% y/y | |
| 8 | sp. k. | USD 41.75m | +5,038.7% y/y | |
| 9 | sp. z o.o. | USD 18.70m | +4,508.6% y/y | |
| 10 | sp. j. | USD 10.71m | +3,969.5% y/y |
Stock market
12 companies from this industry are listed.
| Company | Ticker | Market | Price | Change | Market cap |
|---|---|---|---|---|---|
| DOM | GPW Main Market | PLN 222.00 | -0.45% | USD 1.43bn | |
| 1AT | GPW Main Market | PLN 60.40 | +0.67% | USD 653.23m | |
| ECH | GPW Main Market | PLN 5.44 | +1.68% | USD 561.26m | |
| PBX | GPW Main Market | PLN 7.97 | +0.89% | USD 49.47m | |
| NVA | GPW Main Market | PLN 19.70 | 0.00% | USD 49.25m | |
| RNK | GPW Main Market | PLN 4.49 | -0.11% | USD 41.74m | |
| BPC | NewConnect | PLN 0.25 | -3.08% | USD 15.46m | |
| EFK | GPW Main Market | PLN 6.95 | -5.44% | USD 8.68m | |
| LET | NewConnect | PLN 0.16 | -3.59% | USD 2.56m | |
| CCE | GPW Main Market | PLN 0.26 | -0.76% | USD 2.23m | |
| RNT | NewConnect | PLN 5.50 | 0.00% | USD 1.88m | |
| LCN | NewConnect | PLN 0.21 | +1.90% | USD 1.13m |
FAQ
The primary industry for 88,247 companies is real estate activities. 40,597 entities have filed financial statements.
So far in 2026, 5,930 new companies with PKD M have been registered. In all of 2025, there were 7,677 such companies.
So far in 2026, 734 companies with PKD M have been deregistered. In all of 2025, there were 867 such companies.
In 2025, the median revenue for PKD M was USD 167.30k and the mean revenue was USD 1.73m, based on 27,462 financial statements. Averages and medians include only companies that file financial statements, excluding sole proprietorships.
Yes, in 2025, the median net profit was USD 4.73k, 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 53,528 companies in this industry (46.5% of the total). In second place is a sole proprietorship (46,421 companies, 40.3%), and in third place – sp. k. (4,368 companies, 3.8%).














