People often talk about real estate with no in-depth knowledge of the industry.

What is Real Estate?

Real estate is real property that consists of land and improvements, which include buildings, lands, roads, structures, and utility systems.

Guess you did not know roads were included?

There are several types of real estate, each with its unique purpose:

 Land: Land is the baseline for all types of real property. Land typically refers to undeveloped property and vacant land.

 Residential: Residential real estate consists of housing for individuals, families, or groups of people. This is the most common type of estate and is the asset class that most people are familiar with

Commercial: Commercial property refers to land and buildings that are used by businesses to carry out their operations. Examples include shopping malls, individual stores, office building short lets and hotels.

Industrial: Industrial real estate refers to land and buildings that are used by industrial businesses for activities such as factories, mechanical productions, research and development.

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