Coldwell Banker Real Estate LLC, an Anywhere brand, announced on October 15, 2024, the launch of a new master franchise, Coldwell Banker Tanzania and Zanzibar. This expansion marks a significant step in growing the brand's international network into East Africa.
The new master franchise, led by CEO Gina Washington, will focus on commercial and luxury residential properties in Tanzania and Zanzibar. These regions are experiencing booming real estate markets driven by rapid urbanization, economic growth, and increased demand for both commercial and residential developments.
This strategic move allows Coldwell Banker to leverage its global expertise in a dynamic market, supporting the need for high-quality real estate services. The brand's entry into these markets is expected to guide investors and developers, enhancing its global footprint and potential for franchise revenue.
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