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Coldwell Banker Real Estate Expands Global Presence to Tanzania and Zanzibar

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Coldwell Banker Real Estate , an Anywhere (NYSE: HOUS) brand, has expanded its international network with the launch of Coldwell Banker Tanzania and Zanzibar. This expansion comes amid booming real estate markets in Tanzania and Zanzibar, driven by rapid urbanization, economic growth, and increased demand for commercial and residential properties.

Led by CEO Gina Washington, the new master franchise focuses on sustainable development and green building practices. It aims to leverage the Coldwell Banker Commercial® brand and Coldwell Banker Global Luxury® program to meet the growing need for high-quality commercial spaces and luxury residential developments in the region.

The expansion is strategically timed to capitalize on Tanzania's position in East Africa, post-COVID economic recovery, and Zanzibar's initiatives to attract foreign direct investment and boost tourism. The brand will offer comprehensive services including investment strategies, project development, and tenant representation for both commercial and residential real estate markets.

Coldwell Banker Real Estate, un marchio Anywhere (NYSE: HOUS), ha ampliato la sua rete internazionale con il lancio di Coldwell Banker Tanzania e Zanzibar. Questa espansione avviene in un periodo di fiorente mercato immobiliare in Tanzania e Zanzibar, alimentato da una rapida urbanizzazione, crescita economica e un aumento della domanda di proprietà commerciali e residenziali.

Guidata dal CEO Gina Washington, la nuova franchising master si concentra sullo sviluppo sostenibile e sulle pratiche di edilizia verde. Mira a sfruttare il marchio Coldwell Banker Commercial® e il programma Coldwell Banker Global Luxury® per soddisfare la crescente necessità di spazi commerciali di alta qualità e sviluppi residenziali di lusso nella regione.

L'espansione è strategicamente pianificata per capitalizzare sulla posizione della Tanzania in Africa Orientale, sulla ripresa economica post-COVID e sulle iniziative di Zanzibar per attrarre investimenti diretti esteri e promuovere il turismo. Il marchio offrirà servizi completi, tra cui strategie di investimento, sviluppo di progetti e rappresentanza per inquilini, sia per il mercato immobiliare commerciale che residenziale.

Coldwell Banker Real Estate, una marca de Anywhere (NYSE: HOUS), ha expandido su red internacional con el lanzamiento de Coldwell Banker Tanzania y Zanzíbar. Esta expansión se produce en medio de un mercado inmobiliario en auge en Tanzania y Zanzíbar, impulsado por la rápida urbanización, el crecimiento económico y el aumento de la demanda de propiedades comerciales y residenciales.

Dirigida por la CEO Gina Washington, la nueva franquicia maestra se enfoca en el desarrollo sostenible y en las prácticas de construcción ecológica. Su objetivo es aprovechar la marca Coldwell Banker Commercial® y el programa Coldwell Banker Global Luxury® para satisfacer la creciente necesidad de espacios comerciales de alta calidad y desarrollos residenciales de lujo en la región.

La expansión está estratégicamente planificada para capitalizar la posición de Tanzania en África Oriental, la recuperación económica post-COVID y las iniciativas de Zanzíbar para atraer inversión extranjera directa y fomentar el turismo. La marca ofrecerá servicios integrales que incluyen estrategias de inversión, desarrollo de proyectos y representación de inquilinos tanto para el mercado inmobiliario comercial como residencial.

콜드웰 뱅커 부동산(Anywhere (NYSE: HOUS))은 콜드웰 뱅커 탄자니아 및 잔지바르를 출범하며 국제 네트워크를 확대했습니다. 이 확장은 빠른 도시화, 경제 성장 및 상업 및 주거용 부동산에 대한 수요 증가에 힘입어 탄자니아와 잔지바르의 부동산 시장이 활황을 이루고 있는 가운데 이루어졌습니다.

CEO 지나 워싱턴이 이끄는 새로운 마스터 프랜차이즈는 지속 가능한 발전과 친환경 건축 관행에 중점을 두고 있습니다. 이 프랜차이즈는 콜드웰 뱅커 상업® 브랜드콜드웰 뱅커 글로벌 럭셔리® 프로그램을 활용하여 이 지역의 고품질 상업 공간과 고급 주거 개발에 대한 증가하는 수요를 충족하는 것을 목표로 하고 있습니다.

이번 확장은 TANZANIA의 동아프리카 내 위치, COVID 이후 경제 회복 및 잔지바르의 외국인 직접 투자 유치 및 관광 활성화 노력을 활용하기 위해 전략적으로 계획되었습니다. 이 브랜드는 상업 및 주거 부동산 시장 모두에 대한 투자 전략, 프로젝트 개발 및 임차인 대표를 포함한 포괄적인 서비스를 제공할 것입니다.

Coldwell Banker Real Estate, une marque de Anywhere (NYSE: HOUS), a élargi son réseau international avec le lancement de Coldwell Banker Tanzanie et Zanzibar. Cette expansion intervient dans un contexte de marchés immobiliers florissants en Tanzanie et à Zanzibar, alimentés par une urbanisation rapide, une croissance économique et une demande accrue de biens commerciaux et résidentiels.

Dirigée par la PDG Gina Washington, la nouvelle franchise-mère se concentre sur le développement durable et les pratiques de construction écologiques. Elle vise à tirer parti de la marque Coldwell Banker Commercial® et du programme Coldwell Banker Global Luxury® pour répondre aux besoins croissants d'espaces commerciaux de haute qualité et de développements résidentiels de luxe dans la région.

L'expansion est stratégiquement chronométrée pour tirer parti de la position de la Tanzanie en Afrique de l'Est, de la reprise économique post-COVID et des initiatives de Zanzibar pour attirer les investissements directs étrangers et stimuler le tourisme. La marque proposera des services complets, y compris des stratégies d'investissement, le développement de projets et la représentation des locataires, tant pour les marchés immobiliers commerciaux que résidentiels.

Coldwell Banker Real Estate, eine Marke von Anywhere (NYSE: HOUS), hat ihr internationales Netzwerk mit der Gründung von Coldwell Banker Tansania und Sansibar erweitert. Diese Expansion erfolgt vor dem Hintergrund florierender Immobilienmärkte in Tansania und Sansibar, die durch rasante Urbanisierung, wirtschaftliches Wachstum und steigende Nachfrage nach gewerblichen und Wohnimmobilien angekurbelt werden.

Unter der Leitung von CEO Gina Washington konzentriert sich die neue Master-Franchise auf nachhaltige Entwicklung und umweltfreundliche Baupraktiken. Sie zielt darauf ab, die Marke Coldwell Banker Commercial® und das Programm Coldwell Banker Global Luxury® zu nutzen, um der wachsenden Nachfrage nach hochwertigen gewerblichen Räumen und luxuriösen Wohnentwicklungen in der Region gerecht zu werden.

Die Expansion ist strategisch auf die Position Tansanias in Ostafrika, die wirtschaftliche Erholung nach COVID und die Initiativen Sansibars zur Anwerbung ausländischer Direktinvestitionen und zur Förderung des Tourismus abgestimmt. Die Marke wird umfassende Dienstleistungen anbieten, darunter Investitionsstrategien, Projektentwicklung und Mietervertretung für sowohl gewerbliche als auch Wohnimmobilienmärkte.

Positive
  • Expansion into new markets (Tanzania and Zanzibar) with high growth potential
  • Leveraging Coldwell Banker's global expertise in commercial and luxury real estate
  • Focus on sustainable development and green building practices
  • Capitalizing on post-COVID economic recovery and government initiatives
Negative
  • None.

Coldwell Banker Tanzania and Zanzibar serves as the latest addition to the brand's dynamic and robust international network.

MADISON, N.J., Oct. 15, 2024 /PRNewswire/ -- Coldwell Banker Real Estate LLC, an Anywhere (NYSE: HOUS) brand, 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.

QUOTES:

"The real estate industry in Tanzania and Zanzibar is experiencing extraordinary growth, and I am confident that this is the perfect moment for us to bring the Coldwell Banker® brand's renowned expertise to the region. With both residential and commercial services, our trusted network and unparalleled expertise will redefine how real estate is approached here, offering invaluable support to homeowners, investors and businesses alike. We are committed to guiding clients towards safe and profitable investments, whether they are looking for a home or expanding their commercial portfolio. We look forward to delivering top-tier services that will help create a thriving and positive environment for everyone engaging with the real estate market in this dynamic region."

-        Gina Washington, CEO of Coldwell Banker Tanzania and Zanzibar

"We are thrilled to announce the addition of Coldwell Banker Tanzania and Zanzibar to our expansive international network. The promising conditions and abundant opportunities in these regions provide a robust foundation for our brand to deliver unparalleled support and expert services. I am confident in the success of this partnership and eagerly anticipate leveraging these growing markets."

-        Jason Waugh, president of Coldwell Banker Affiliates

About Coldwell Banker Tanzania and Zanzibar

Coldwell Banker Tanzania and Zanzibar, strategically located at Plot number 9, Mazizini Street, Nyerere Road, Urban West – Zanzibar, is dedicated to setting the standard for excellence in real estate services within the region. Building on the Coldwell Banker brand's legacy of over a century, our firm is committed to delivering top-notch service, with a particular focus on becoming a leader in both residential and commercial real estate. Operating in Zanzibar and Tanzania's dynamic economic landscape, we strive to meet the growing demands of the real estate industry through innovation, integrity, and exceptional customer service. For more information, please visit our website at https://www.coldwellbanker.tz/.

About Coldwell Banker Real Estate LLC

Powered by its network of over 98,000 affiliated sales professionals in approximately 2,700 offices across 40 countries and territories, the Coldwell Banker® system is a leading provider of full-service residential and commercial real estate brokerage services. The Coldwell Banker brand prides itself on its history of expertise, honesty and an empowering culture of excellence since its beginnings in 1906. The Coldwell Banker brand is committed to providing its network of affiliated sales agents with the tools and insights needed to excel in today's marketplace and is known for its bold leadership and dedication to driving the industry forward. The brand was named among the 2024 Women's Choice Award® "9 out of 10 Customer Recommended Real Estate Agency." Blue is bold and the integrity and values of the Coldwell Banker brand give the Gen Blue network an unbeatable edge. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. To join Coldwell Banker Real Estate and unlock the Gen Blue possibilities, please visit www.coldwellbanker.com/join.

Media Inquiries:


Athena Snow

Andrea Ares

Coldwell Banker Real Estate LLC

G&S for Coldwell Banker Real Estate LLC

973.407.5590

630.809.7748

athena.snow@anywhere.re 

aares@gscommunications.com 

 

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SOURCE Coldwell Banker Real Estate LLC

FAQ

What is Coldwell Banker's latest expansion for NYSE:HOUS?

Coldwell Banker Real Estate , an Anywhere (NYSE: HOUS) brand, has expanded its international network by launching Coldwell Banker Tanzania and Zanzibar, a new master franchise in East Africa.

Who is leading Coldwell Banker Tanzania and Zanzibar?

Gina Washington is the CEO of Coldwell Banker Tanzania and Zanzibar, leading the new master franchise in its expansion efforts.

What services will Coldwell Banker offer in Tanzania and Zanzibar?

Coldwell Banker will offer comprehensive real estate services in Tanzania and Zanzibar, including investment strategies, project development, tenant representation, and luxury residential services through the Coldwell Banker Commercial brand and Coldwell Banker Global Luxury program.

Why did Coldwell Banker (NYSE:HOUS) choose to expand into Tanzania and Zanzibar?

Coldwell Banker chose to expand into Tanzania and Zanzibar due to the regions' booming real estate markets, driven by rapid urbanization, economic growth, increased demand for properties, and government initiatives attracting foreign investment.

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