Page 18 - UP PR REPORT - AUGUST 2025
P. 18

Union Properties’ subsidiary ServeU


               acquires House Keeping and its



               subsidiary



               With a workforce exceeding 8,900 employees, ServeU manages a diverse portfolio of residential
               communities, commercial complexes, government entities, and hospitality facilities


































               Union Properties, through its subsidiary ServeU has made a strategic acquisition of House Keeping
               and House Keeping Domestic Workers, including their subsidiary. This deal is valued at US
               $27.2mn.

               The acquisition further solidifies ServeU’s position as one of the UAE’s trusted FM service providers.
               With a workforce exceeding 8,900 employees, ServeU manages a diverse portfolio of residential
               communities, commercial complexes, government entities, and hospitality facilities, said a
               statement.

               The company remains dedicated to enhancing its operational capabilities through ongoing
               investments in innovation, sustainability, and service excellence to meet the ever-changing
               demands of the market.

               Amer Khansaheb, Chief Executive Officer and Board Member of Union Properties PJSC said, “This
               acquisition represents a pivotal step in advancing our long-term growth agenda. Integrating a
               leading manpower and domestic workforce provider into our portfolio not only strengthens


               https://meconstructionnews.com/64235/union-properties-subsidiary-serveu-acquires-house-
               keeping-and-its-subsidiary
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