UPDC at a Glance
Experience in Real Estate
Residential Units Developed
3-Star Conference Hotel
137, 053 SQM
Total Land Bank
Core Business Lines
Large Retail Mall
Track Record and Assets
Victoria Mall Plaza 3 & 4, Lagos.
Located on Bishop Aboyade Cole street in the heart of Victoria Island, VMP3 is a prime parcel of land with building approvals in place for a mixed-use, commercial and retail development. VMP4 is a prime parcel of bare land with building approvals in place for a multi-storey mixed-use residential development.
The site is perfectly positioned between VMP4 and KPMG’s head office building (VMP2) and is in close proximity to several banks, hotels, retail and entertainment facilities. The secure and fenced site is zoned for mixed-use, up to 25 floors. The property will be sold as-is, with a small structure developed up to the 1st-floor slab.
VMP 3 Site Size: 7,443.43 sqm – VMP 4 Site Size: 1,684.72 sqm
Located in the Gaduwa area, next to UPDC’s popular Hillview Residential Estate, Abuja.
The large expanse of land is zoned for residential use and located within a built-up area including Total Cooperative Society Estate, the Gaduwa Water Board, community retail and several places of worship.
The 13-hectare site was intended for Hillview Estate Phases 2 and 3 with over 200 units, however, due to challenges with the removal of settlers from the site, UPDC is engaging with the local authorities to exchange the property for another parcel of land in the area.
Site Size: 133, 100 sqm
This 2001sqm site is perfectly located next to UPDC’s Festival Complex, and overlooks the Festival Mall.
This site is earmarked for development into 30 units of 2 bedroom apartments, and is currently in the design phase, with building approvals estimated to be completed by Q3 2020, and development commencing in Q4 2020.
Site Size: 2001.83 sqm
Pineville Estate, Asaba.
A residential housing development located opposite the Federal High Court in Asaba G.R.A Phase 3. Phase 1 of the stylish and secure estate is complete.
The land earmarked for Phase 2 measures over 3,000sqm and can accommodate 10 more housing units.