UPDC fundamentals

UPDC Plc engages in the acquisition, development, sale, and management of commercial and residential accommodation and retail space. It operates through the following business segments: Property Development, Sales, and Management; and Hospitality Services. The Property Development, Sales, and Management segment engages in the acquisition, development, sale, and management of commercial and residential properties in the luxury, premium, and classic segments of the real estate market in Nigeria. The Hospitality Services segment provides hospitality services, including sale of rooms, conferencing facilities as well as food and beverage services. The company was founded on October 6, 1997 and is headquartered in Lagos, Nigeria.