October 15, 2024 // Franchising.com // MADISON, N.J. – Coldwell Banker Real Estate LLC is thrilled to expand the brand’s international network with the launch of a new master franchise, Coldwell Banker Tanzania and Zanzibar.
Fueled by rapid urbanization, economic growth and increased demand for both commercial and residential properties, Tanzania and Zanzibar are experiencing booming real estate markets. This growth has created a unique opportunity to bring the global expertise of the Coldwell Banker Commercial® brand and Coldwell Banker Global Luxury® program marketing to both markets, ultimately supporting the increased need for real estate services, such as high-quality commercial spaces and luxury residential developments.
Led by CEO Gina Washington, Coldwell Banker Tanzania and Zanzibar is focused on sustainable development and green building practices, ensuring long-term value for both commercial and residential clients. With Tanzania’s strategic position in East Africa and a post-COVID economic recovery underway, the brand is well-positioned to guide investors and developers through the region’s dynamic real estate market.
As government initiatives in Zanzibar continue to attract foreign direct investment and the tourism sector flourishes, there is a growing demand for retail, hospitality and residential projects. The Coldwell Banker Commercial brand offers comprehensive services designed to help support these needs, including investment strategies, project development and tenant representation. Additionally, the brand’s residential services through the Coldwell Banker Global Luxury program will help cater to the increased desire for high-end housing, luxury rentals and residential investment opportunities.
SOURCE Coldwell Banker Tanzania and Zanzibar
Since 1906, the Coldwell Banker® organization has been a premier provider of full-service residential and commercial real estate.