Century 21 Sells Master Franchise For Angola

(Thursday, April 03, 2008) - Century 21 Real Estate LLC, a US based real estate company, has sold its Master Franchise for Angola. Two Portugal based company's, Gestipromo-Prestacao de Serviços de Promoção de Vendas e Marketing and Crismonte-Sociedade de Mediacao Imobiliaria, have become joint partners to buy the Century 21 Angola Master Franchise rights.

"My team and I are excited to bring the Century 21 brand to our country," said Fernando Guerreiro da Ponte, Director of Century 21 Angola. "We look forward to leveraging the outstanding systems and tools that Century 21 has developed over the past three decades, and creating a network that delivers the dream of home ownership to people throughout Angola."

Tom Kunz, Century 21 Real Estate LLC President and CEO, adds: "The addition of Angola to the Century 21 System is a tremendous step for this brand, and we look forward to growing our global footprint. The Century 21 System has made international growth one of its key initiatives and establishing this agreement in Angola is another positive step toward that goal."

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Century 21 Real Estate Corp.
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