Developers to lure talent with housing

Real estate companies, trying to overcome the problem of the talent crunch, are planning to retain and lure skilled professionals by offering free accommodation.

A few developers are currently looking at building units to lease to their employees.

"Turnaround in real estate is fast. One of the key components is providing staff with a housing facility. Very soon we will have our own staff units," Wazir Daredia, Chief Executive, Trident International Holdings, told Emirates Business.