UPDC Today

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Category Archives: Real Estate

UPDC Today

UPDC is a foremost real estate company and a leader in property acquisition, development, sales and management of quality and affordable residential, commercial, and retail properties in Nigeria for o [more]
by admin-updc
Jul 29, 2020

2016 – UPDC develops Festival Mall, Festac

In a dynamic collaboration with Capital Alliance Property Investment Company and the UPDC REIT, UPDC conceptualized and developed the popular Festival Mall in Festac. The 10,816sqm retail mall is anch [more]
by admin-updc
Jul 29, 2016

2016 – UPDC incorporates Facility Management Company

After 15 years of delivering seamless facility management services to the residents of our estates, UPDC converted its facility management department into a business subsidiary. The Facility Managemen [more]
by admin-updc
Jul 29, 2016

2013 – UPDC REIT is launched on the Nigerian Stock Exc...

We pride ourselves in becoming the first real estate development company in Nigeria to establish a large and diversified portfolio of quality assets to successfully list a Real Estate Investment Trust [more]
by admin-updc
Jul 29, 2013

2009 – UPDC commences Victoria Mall Plaza Mixed-Use pr...

Victoria Mall Plaza (VMP) is a four-phase mixed-use development on Bishop Aboyade Cole Street in Victoria Island, Lagos. The 1st phase of this ambitious project was Victoria Mall Plaza 1 (VMP1), which [more]
by admin-updc
Jul 29, 2009

2002 – UPDC acquires The Durbar Hotel, Festac

UPDC embarked on the bold acquisition of the 942 room Durbar Hotel in Festac Amuwo-Odofin from the Federal Government. The landmark property is synonymous with the Festival of Arts and Crafts (Festac [more]
by admin-updc
Jul 29, 2002

1999 – UPDC completes Abebe Court as its flagship deve...

UPDC’s first development as a listed entity was Abebe Court– a 32 unit estate in Ikoyi with highly sought after 3 and 4 bedroom apartments. The luxury residential estate remains a landmark development [more]
by admin-updc
Jul 29, 1999

1998 – UPDC became a listed company on the Niger...

Our main objectives as a newly listed business was the acquisition, development, sales and management of high quality serviced commercial, retail and residential properties in the luxury, premium and [more]
by admin-updc
Jul 29, 1998

1997 – UPDC Plc started its journey as a subsidi...

As a result of extensive trading activities across Nigeria, UAC acquired a large number of produce warehouses, offices and residential structures, which led to the company’s control of a significant p [more]
by admin-updc
Jul 29, 1997

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Pinnock Prime Estate is a site and service scheme located at Lekki Peninsular II next to our existing Pinnock Beach Estate. It is envisioned to become a sought-after development and estate of choice within the area creating a new benchmark for suburban living and a prime, secure, and close- knit enclave, setting the standards for premium quality homes.

The Estate is on an expanse of 1.47 hectares land measuring sub-divided into 18 fully serviced site and service plots each measuring between approximately 500sqm to 1000sqm.

The 18 plots will be allocated and priced as follows:

High Density Plots - 5 plots (allowance of up to 5 - 7 dwelling units per plot)

Low Density Plots - 13 plots (allowance of up to 2 dwelling units per plot)

Pinnock Prime Estate offers buyers an opportunity to buy and develop their own units on the plots in the form of detached and semi-detached houses, terraces, and apartments, etc. in line with approved building guidelines.

Estate Facilities

Recreational facilities in the estate are designed to be an embodiment of lifestyle consisting of

  • Recreational parks (with play areas for children)
  • Treelined streets with beautiful landscaping.

Infrastructure planned for the estate comprises

  • Gatehouse, secured access gate & signage
  • FM office
  • Estate security
  • Visitors’ parking
  • Road network with walkways and cycling lanes
  • Streetlights, garden & fence lights
  • Industrial borehole and water treatment and storage facility
  • Underground power supply systems including transformer
  • Sewage treatment plant system
  • Road drainage systems

Facility Management

For effectiveness and quick response, the management of the estate is brought nearer to the residents with a facility management office complete with maintenance staff managed by UPDC Facility Management Company.

Buy into the Prime Today!

  • START
  • FILL YOUR DETAIL
  • CONFIRMATION

Confirmation/Acknowledgements:

  • No guarantee of availability of property until payment received in full
  • Buyer is responsible for payment of fees to any agent engaged by Buyer
  • Buyer shall make and rely upon its own inquiries and shall satisfy itself in all respects in relation to the title and property conditions
  • Payment for the property shall be made only to UPDC’s designated account. UPDC has not authorized any agent to collect payment on its behalf.

  • START
  • FILL YOUR DETAIL
  • CONFIRMATION

Confirmation/Acknowledgements:

  • No guarantee of availability of property until payment received in full
  • Buyer is responsible for payment of fees to any agent engaged by Buyer
  • Buyer shall make and rely upon its own inquiries and shall satisfy itself in all respects in relation to the title and property conditions
  • Payment for the property shall be made only to UPDC’s designated account. UPDC has not authorized any agent to collect payment on its behalf.
  • In the unlikely event that UPDC does not commence the development within 12 months of receipt of the holding deposit, the holding deposit will be refunded to the buyer.