The Rockefeller Foundation and the Tony Elumelu Foundation announced the launch of the Impact Economy Innovations Fund (IEIF) at the Impact Investing in Africa: Accelerating the Industry Regionally Forum
This is the last day for the N30 billion Equity Real Estate Investment Trust (REIT) from UACN Property Development Company (UPDC), the foremost wholly indigenous real estate company in Nigeria with a successful track record of over 14 years.
The largest pool of ‘savings’ in the Nigerian economy are naturally the pension funds. The lack of participation of pension’s funds, currently estimated by the DG of PENCOM as at December 8, 2012 at N2.45 trillion (based on unaudited valuation reports) is
The forecast presented recently by UPDC Plc as contained in the UPDC REIT - Prospectus February 2013, suggests a strong commitment on the part of the management towards an investment that will deliver impressive prospects in terms of future returns for bo
The primary objective of the REIT is to provide unit holders with stable cash distributions from investments in a diversified portfolio of income-producing real estate properties and to improve and maximize unit value through the ongoing management of the
UACN Property Development Company (UPDC), the foremost wholly indigenous real estate company in Nigeria with a successful track record of over 14 years, is promoting a N30 billion Equity Real Estate Investment Trust (REIT) and has appointed FSDH Asset
UPDC has decided to do a REIT primarily to provide an alternative investment class to discerning investors with appetite for real estate based optimal returns and also to extract liquidity from some of its existing portfolio of property assets without out
UACN Property Development Company (UPDC) will today open to the public its Real Estate Investment Trust (REIT) IPO for public subscription today. UPDC Plc is seeking to raise N30billion through an Initial Public Offering (IPO) of three billion units of N
Nigeria needs $600bn to realise its vision 2020, said a report by the IFC/World Bank and re-echoed by a serving minister of the government of Nigeria. The funding has been an issue for a while and the wise bet has been on the capital marke
In what appears as a response to growing investment sentiments in the Nigeria Stock Exchange and call for a rebound in the Initial Public Offering (IPO) market, UACN Property Development Company (UPDC) plc is set to raise N30billion through an IPO of thre
The Association of Assets Custodians of Nigeria (AASC) has stressed the need for an increased awareness on investment in mutual funds, so as to encourage more participation in the capital market.
