Harcourts International Ltd today announced a joint venture with a major South African real estate company, Homenet Group, in its “most significant” step overseas since it established Harcourts Australia more than ten years ago.
Harcourts is taking a shareholding in the local company, and licensing them to use its brand and systems over the next twelve to eighteen months.
Harcourts executive director Paul Wright says, “Homenet is one of the top five real estate organisations in South Africa with over 130 offices throughout the Republic. Partnering with them is a truly exciting step for Harcourts, continuing the strong international growth of our brand, moving closer towards our goal of being one of the world’s leading real estate franchise.”
Full Article Here: http://www.nbr.co.nz/article/harcourts-enters-south-africa-35403
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