Uacn Property Development Company PLC
Property in Lagos
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What you should know about Uacn Property Development Company PLC
In 1879, Central African Trading Company Limited, the United African Company was formed following the merger of four European companies trading up the River Niger: Alexander Miller Brother & Company, West African Company Limited and James Pinnock. The United African Company had a significant real estate holding in all parts of Nigeria to meet these ends...The company acquires, develops, sells, leases and manages choice residential and commercial real estate in Nigeria.UPDC operated first as a department, then as a division of UAC of Nigeria Plc until 1997 when the business was incorporated as a public limited liability company and listed on the Nigerian Stock Exchange. The merged company''s trading activities over time would require the use of warehouses for produce, offices and exclusive residential accommodation for the mostly expatriate managers. Following a review of its business, UPDC is now focusing its energies on the premium real estate market of carefully selected cities of Nigeria...
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