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UPDC Plc with a view of obviating the huge capital outlay involved in new land acquisitions for development purposes, has formed alliances with some land owners to develop residential accomodation in certain locations in Lagos and Abuja.
These joint venture operations currently exist with the following companies:
- 1004 Estates Limited
This joint venture arrangemnt with the companies that bought the 1004 flats from the Federal Government is specialised in Property Acquisition, Development and Sale.
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- Anchorage Estate
This is a joint venture development with land owners, Knighthood Properties Limited.
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- Romay Gardens Estate Limited
This is a joint venture development with land owners, Romay Sales Limited.
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- Salatu Royal Estate
This is a joint development with land owners, Salatu International Limited.
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- Barumak Estate
This is a joint venture development with land owners, Barumak Investment and Development Company Limited & Willows Projects Limited, a property development and management consultant company.
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