African Stock Exchanges

UPDCREIT - UPDC Real Estate Investment Trust

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UPDCREIT share price on Nigerian Stock ExchangeUPDCREIT share price on Nigerian Stock Exchange

UACN Property Development Company (UPDC) Plc is a wholly indigenous, property development company in the Nigerian real estate market. The company operated first as a department, then as a division of UAC of Nigeria Plc until 1997 when the business was incorporated as a public limited liability company and listed on the Nigerian Stock Exchange. UPDC now focuses its energies on the premium real estate market of carefully selected cities in Nigeria. It acquires, develops, sells, leases, and manages choice residential and commercial real estate. UPDC is the parent company of UPDC Hotels Limited and also jointly owns Manor Gardens Property Development Company Limited.

UPDC Real Estate Investment Trust is listed on the Nigerian Stock Exchange (NGX) since February 26th, 2008. UPDC Real Estate Investment Trust is traded on the NGX under the ticker symbol “UPDCREIT”. The International Securities Identification Number (ISIN) of NGX:UPDCREIT is NGUPDCREIT01. UPDC Real Estate Investment Trust is currently the 72nd most valuable stock on the NGX with a market capitalization of NGN 10.4 billion, which is about 0.029% of the Nigerian Stock Exchange equity market.

UPDCREIT3.90 ▴ 0.35 (9.86%)
1 day ago
Last Trading Results
Opening Price
Day’s Low Price3.65
Day’s High Price3.90
Traded Volume850,511
Number of Deals43
Gross Turnover3.18M
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding2.67B
Market Capitalization10.4B
Monetary values are quoted in Nigerian Naira (NGN) unless otherwise stated

UPDCREIT Stock Market Performance


The current share price of UPDC Real Estate Investment Trust (UPDCREIT) is NGN 3.90. UPDCREIT closed its last trading day (Tuesday, September 26, 2023) at 3.90 NGN per share on the Nigerian Stock Exchange (NGX), recording a 9.9% gain over its previous closing price of 3.55 NGN. UPDC Real Estate Investment Trust began the year with a share price of 3.00 NGN and has since gained 30% on that price valuation, ranking it 72nd on the NGX in terms of year-to-date performance. Shareholders can be optimistic about UPDCREIT knowing the stock has accrued 8% over the past four-week period—31st best on NGX.

UPDC Real Estate Investment Trust is the 73rd most traded stock on the Nigerian Stock Exchange over the past three months (Jun 30 - Sep 26, 2023). UPDCREIT has traded a total volume of 52.6 million shares—in 1,728 deals—valued at NGN 188 million over the period, with an average of 835,186 traded shares per session. A volume high of 3.8 million was achieved on September 12th, and a low of 34,104 on August 14th, for the same period. The table below details the last 10 trading days of activity of UPDC Real Estate Investment Trust on the Nigerian Stock Exchange.


Profile of UPDC Plc

UPDC Plc was founded on October 6, 1997 and operates in the Real Estate sector, specifically, the Investment and Services Development industry. UPDC contracts an estimated total number of 312 employees.

Factsheet of UPDC Plc

Real Estate
Investment and Services Development
Niger House, 1-5 Odunlami Street, Lagos, Nigeria
+234-901-000-3019, +234-901-000-3017, +234-704-652-9255

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange


  1. Emeh ChiziteremEmeh Chiziterem
    Jul 17, 2019 18:03 GMT

    Nice one. Please, can I get the stock prices from 2014- date.

    Thank you

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