real estate
noun [U] (also realty, also real property) US PROPERTYDefinition
› land or buildings that someone owns: It's a prime piece of real estate. commercial/residential/industrial real estatebuy/sell/invest in real estate Supported by bank loans, several manufacturing companies in the area invested heavily in real estate.
› the activity of buying and selling land and buildings: She works in real estate in Dallas. the real estate industry/sector a real estate investor/expert/tycoon
(Definition of real estate noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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