UPDC Real Estate Investment Trust is a closed-end real estate investment trust based in Nigeria. The company's primary focus is to aggregate investments in a diversified portfolio of real estate properties within Nigeria. UPDC Real Estate Investment Trust is actively involved in the acquisition, development, sale, and management of a varied range of assets, including commercial, residential, hospitality, and retail properties across Nigeria.
The main goal of the company is to provide investors with a steady income while preserving their capital in the long term. This is achieved by ensuring consistent cash distributions from investments in an assortment of income-generating real estate properties. Additionally, UPDC Real Estate Investment Trust aims to enhance and maximize unit value through effective management of the trust's assets, along with strategic acquisitions and development of additional income-producing real estate properties.
The company's portfolio comprises notable investment properties such as Abebe Court, Victoria Mall Plaza I, Victoria Mall Plaza II, UAC Complex, Kingsway Building, and Pearl Hostel. Management of UPDC Real Estate Investment Trust is overseen by Stanbic IBTC Asset Management Limited.
UPDC REAL ESTATE INVESTMENT TRUST is listed on the Nigerian Stock Exchange with the ticker symbol UPDCREIT
UPDC Real Estate Investment Trust
UAC House 1-5 Odunlami Street,
P.O Box 156
LAGOS
Nigeria
Please login to give a review.
The market capitalisation of the Nigerian stock market rose by 1.64 per cent or more than N580.22 billion on Tuesday, representing a significant gain ...
The All-Share Index (ASI) increased 352.49 points or 0.67 percent on Tuesday to close at 52,701.31 from 52,348.82 on Monday, and the Nigerian Exchange...
UPDC Real Estate Investment Trust (UPDC REIT) is set to distribute 18 Kobo per unit to its unit holders for the period ended June 30, 2021. ...
The Nigerian Stock Exchange (NSE) market closed with 4,016.00 deals on Thursday, March 25th, 2021, lower than the 4,018.00 deals on Wednesday, March 2...
The Nigerian Stock Exchange (NSE) market closed with 4,953.00 deals on Monday, February 22nd, 2021, lower than the 4,393.00 deals on Friday, February ...
The Nigerian Stock Exchange (NSE) market closed with 4,972.00 deals on Thursday, February 18th, 2021, lower than the 4,083.00 deals on Wednesday, Febr...
The Nigerian Stock Exchange (NSE) market closed with 4,083.00 deals on Wednesday, February 17th, 2021, lower than the 5,040.00 deals on Tuesday, ...
The Nigerian Stock Exchange (NSE) market closed with 5,251.00 deals on Monday, February 8th, 2021, lower than the 5998.00 deals on Friday, February 5t...