Union Properties subsidiary ServeU accelerates its growth

  • Date: 13-Oct-2022
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Union Properties subsidiary ServeU accelerates its growth

- The new multi-year contracts cover a broad range of sectors, such as hospitality, government, residential, commercial, retail, and more

ServeU LLC, a leading facilities management solutions provider in the UAE and a subsidiary of Union Properties, was awarded 58 new multi-year contracts in 2022, amounting to AED 270 million. The awards demonstrate the strong demand for ServeU’s world class service offering, with the contracts covering a broad range of sectors, including hospitality, government, residential, commercial, retail, infrastructure and education.

Supported by the continued recovery in the UAE’s real estate market, the contract awards are a testament to ServeU’s extensive range of hard and soft services along with its state-of-the-art technology, which enables the Company to offer comprehensive and quality facility management solutions in a cost-effective manner. ServeU is set to deploy a team of 1,800 experts, technicians, and specialists to meet the demands of its growing client base.

Amer Khansaheb, Managing Director of Union Properties, stated: “We are delighted to announce ServeU's success with the award of 58 new and retained contracts in 2022 demonstrating the Company's leadership in the facilities management sector and its dedication to delivering quality services. In addition to serving clients' needs, ServeU continuously develops and updates its