UPDC Plc, together with its subsidiaries, acquires, develops, sells, leases, and manages commercial and residential accommodation, and retail space in Nigeria. It also offers hospitality services, such as sale of rooms, conference halls, as well as food & beverages. The company was incorporated in 1931 and is based in Lagos, Nigeria. UACN Property Development Company Plc is a subsidiary of Custodian Investment Plc.