UPDC fundamentals

UPDC Plc engages in the acquisition, development, sale, and management of commercial and residential accommodation and retail space. It operates through the Property Development, Sales, and Management; and Hospitality Services segments. 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 the 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.