UPDC was established in 1997 and listed on The NSE in 1998. The Company set up the UPDC REIT in 2013, where it holds a 61.5% equity stake. Development track record comprised of a diverse asset mix including retail, commercial, residential and hospitality.
UPDC operates through three divisions:
1. Property Development: asset development for sale through direct investments and joint ventures.
2. Facilities Management: provision of building and operation maintenance for commercial and residential properties across several states in Nigeria
3. Hospitality: 95% stake in UPDC Hotels Limited which owns a 471 room hotel with 9 conference rooms and a banquet hall