ServeU LLC, a subsidiary of Union Properties, was awarded 58 new and retained multi-year contracts in 2022, amounting to AED 270 million. The awarded contracts cover a broad range of sectors, including hospitality, government, residential, commercial, retail, infrastructure, and education.

ServeU said the growth in its portfolio of contracts comes on the back of the continued recovery in the UAE’s real estate market, as per a press release. The facilities management provider also credited the growth to its extensive range of hard and soft services along with its state-of-the-art technology, which enable it to offer comprehensive and quality facility management solutions in a cost-effective manner. ServeU said it is set to deploy a team of 1,800 experts, technicians, and specialists to meet the demands of its growing client base.

ServeU said it has also signed new partnerships, upgraded its Computer Aided Facility Management (CAFM) system, introduced a new mobile application named ‘ServeU Essentials,’ and invested in new technologies this year.

Gary Reader, General Manager of ServeU, said: “The contract awards worth AED 270 million announced in 2022 mark yet another significant accomplishment in ServeU’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.”

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. 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.”