Union Properties to list ServeU on DFM in H2 2018

25/12/2017 Argaam

 

Dubai-listed Union Properties on Monday said it will list its facilities management subsidiary, ServeU, on Dubai Financial Market (DFM) in the second half of 2018.

 

The proceeds from the initial public offering (IPO) will be used to enhance the company's operations and expand its investment portfolio.

 

The move is also part of Union Properties new strategy that focuses on diversifying revenue sources and expanding into new markets.

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