UPDC Plc, together with its subsidiaries, develops, sells, and manages real estate assets in Nigeria. The company operates in two segments, Property Development, Sales & Management; and Hospitality Services. It acquires, develops, sells, leases, and manages commercial and residential accommodation properties and retail spaces, as well as offers advisory services. The company also provides facilities management services to residential and commercial properties; and hotel management services, such as sale of rooms and conference halls, as well as food and beverages. The company was incorporated in 1997 and is based in Lagos, Nigeria. UPDC Plc is a subsidiary of Custodian Investment Plc.
Nigerian Market Performance
7D7 Days: 6.1%
3M3 Months: 35.2%
1Y1 Year: 53.3%
YTDYear to Date: 40.4%
The market is up 6.1% over the last week, with the Materials sector leading the way, up 16%. In contrast, the Utilities sector is lagging, dropping 4.5%. As for the past 12 months, the market is up 53%. Earnings are forecast to grow by 19% annually. Market details ›
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