UPDCREIT - UACN Property Dev't Company
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.
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Monetary values are quoted in Nigerian Naira (NGN) unless otherwise stated
UPDCREIT Market Performance
UPDCREIT currently ranks 71st on the Nigerian Stock Exchange in terms of returns to investors with a year-to-date return of zero percent. Following UPDCREIT are AFRIPRUD (-0.34%), CAPHOTEL (-0.57%), and INFINITY (-2.04%). Shareholders are anxiously awaiting when UACN Property Development Company Plc will announce dividends to see whether they have gained something or not. Below is the historical trading trend of UPDCREIT, covering up to the last 10 trading sessions of activity.