US real estate firm signs Vietnam franchise deal

Winn Enterprises, a master franchisee of the US-based Coldwell Banker Real Estate Corporation, tied up with Vietnamese partners Friday.

The Vietnamese partners, who will now be sub-franchisees, are real estate consulting and construction firms Phuc Thien Long, Dai Viet, Amazing and C.P.K and training and consulting firm Tam Viet.

Winn Enterprises, known as Coldwell Banker Real Estate

Vietnam in this country, said the sub-franchisees would focus on real estate brokerage and transactions, enterprise management, investment analysis, construction management and relocation services.

In August 2007, Coldwell Banker signed a master franchise agreement with Winn Enterprises to open a Coldwell Banker branded office in Vietnam.

Coldwell Banker Corporation has interests in residential and commercial real estate, including resorts and luxury properties.

Thanhnien

>   Vietnamese labors not affected by Dubai hostel closures: ministry (27/09/2008)

>   Brand issues to be examined at forum (27/09/2008)

>   Gov’t looks to develop cotton industry (27/09/2008)

>   Vietnamese coffee makers seek outlets in Italy (27/09/2008)

>   Taiwan-backed auto factory inaugurated in Dong Nai (27/09/2008)

>   ADB assists transport, agriculture in Vietnam (27/09/2008)

>   Nine month GDP growth rate at 6.52 percent (27/09/2008)

>   Vietnam aviation sector targets airport expansion (27/09/2008)

>   ADB to help disadvantaged children and irrigation development (27/09/2008)

>   Businesses discuss opportunities, challenges for Vietnam-Japan cooperation (26/09/2008)