Dubai-based Union Properties has announced that its key subsidiary ServeU, has been awarded 58 new multi-year facilities management contracts in 2022 worth AED270 million ($73.4 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. 

 

Announcing the new contracts, Amer Khansaheb, Managing Director of Union Properties, said ServeU is set to deploy a team of 1,800 experts, technicians, and specialists to meet the demands of its growing client base.

 

"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 capabilities to keep up with industry developments," noted Khansaheb.

 

"With these contracts, the company will be able to expand its reach, become more competitive in local and regional markets, and ensure it continues to drive the highest quality standards across its services. Today’s announcement also represents a key part of the continued execution of Union Properties’ turnaround strategy as we remain laser focused on driving growth at a subsidiary level," he stated.

 

ServU General Manager Gary Reader said these contract wins mark yet another significant accomplishment in the group’s growth journey. 

 

"Our ability to deliver value for our clients has enabled us to maintain our strong growth trajectory and has secured our position as a leading facilities management service provider in the region. The new awards unlock significant opportunities for us to scale our business whilst demonstrating the strong demand for our service offering," he added.-TradeArabia News Service