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Nigerian Stock Exchange

Last update 26 Jun 2026

UPDC [BLS] · UPDC.LG

Nigeria · Real Estate · Real Estate Management & Development · NGN

Price history

UPDC Plc is a Nigerian institutional property company focused on real estate development, sales, management and related services. Its activities cover serviced commercial and residential properties, especially in highbrow and middle-income market segments. The company provides property development, facility management, development management, advisory services and asset management, allowing it to participate across several points of the real estate value chain. UPDC also has hotel-management exposure and operates through UPDC Facility Management Limited for facilities-management services to residential and commercial properties. Its business performance is tied to Nigerian property demand, project execution, occupancy, asset values, rental and service income, and the availability of capital for development projects.

Fundamentals

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Metric  (NGN, B) 2024 2023 2022 2021 2020
Revenue Total Revenue 12
EBITDA 1
EBIT 1
Net income Net Income 0
Operating margin 9%
Net margin 4%