Coldwell Banker Real Estate LLC, an Anywhere (NYSE: HOUS) brand, has expanded its’ international network with the new master franchise Coldwell Banker Tanzania and Zanzibar.
The company noted Tanzania’s strategic position in East Africa and government initiatives in Zanzibar to attract foreign direct investment and grow the tourism sector as key reasons for establishing a presence in this market. Led by CEO Gina Washington, Coldwell Banker Tanzania and Zanzibar will tap into the growing opportunities for residential and commercial properties while focusing on sustainable development and green building practices.
“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,” said Washington. “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.”