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UPDC believes that the value of facility management in the property development process is unquestionable. We approach our property development plan with the customer as our utmost priority, to create affordable, functional and efficient living and working environments.

 

We are committed to managing our short to long-term environmental responsibilities, towards the communities in which we operate and future generations.

 

As part of our mission to build relationships with our customers for life, our commitment to you doesn’t end when you purchase a property.

 

We offer world-class facility management services to ensure your property remains well maintained, safe and functional throughout its life cycle.

On 1st January 2020, UPDC relaunched its 471 room Hotel in Festac (formerly Golden Tulip Hotel) with a new name “Festival Hotel and Conferences” and a strong new management team.

As the second-largest conference hotel in Lagos, strategically located on the mainland, our focus will be on developing and harnessing the conferencing and leisure facilities of the hotel and upgrading the rooms to an international 3-star standard in order to grow business from local and international corporates and professional groups.

 

The Hotel is part of UPDC’s “Festival” Live, Work, Play ecosystem in Festac which also includes The Residences – a block of 170 units of 1 and 2 bedroom apartments, and Festival Mall which is anchored by Shoprite and Genesis Cinema.

The hotel is targeted at MICE (Meetings, Incentives, Conferences and Events) clients, and offers a variety of restaurants and bars; wellness facilities including a gym, tennis and squash courts, jogging and cycling tracks, and a sauna and spa. our growth strategy for the hotel is to adjust from 471 rooms to a more realistic offering which will meet the current hotel demands of our target clientele.

It was incorporated in 2002 and is jointly owned by UPDC Plc and Top Services Limited.

 

For future collaborations and Joint Ventures, please visit Joint Venture Opportunities page

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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.