GE Real Estate at a glance
| History |
| 1878 – Thomas Edison opens a laboratory in Menlo Park, New Jersey, inventing arguably the most famous device ever |
| known, the incandescent electric lamp. By 1890, the Edison General Electric Company had been formed. |
| 1892 – Edison General Electric Company merges with rival firm Thomson-Houston Electric Company to form the |
| General Electric Company. By 1896 it is one of the original 12 companies listed on the newly-formed Dow Jones Industrial |
| Average. |
| 1940 – 10 years after putting its first washing machine on the market, GE becomes the first company to relay television |
| broadcasts from New York City. By 1941, GE has also built the US' first jet engine, the I-A. |
| 1950s – The first GE real estate transaction was completed. |
| 1972 – GE Real Estate was formally established in the United States. |
| 1980s – GE Real Estate enters the UK market. |
| 1990s – GE Real Estate enters Canada, the Nordic region, France, Japan and Mexico. |
| 2005 – GE Real Estate enters India with joint venture with Ascendas . |
| 2006 – GE Real Estate makes an initial fund investment in China and acquires Arden Realty, a US REIT, for $4.8 billion. |
| It makes its first investment in Turkey through a joint venture with Dogus Holdings and is voted the World's Most |
| Respected Company by Fortune magazine. |
| 2007 – GE Real Estate makes its first Japanese REIT investment with LCP Investment Corporation and enters Brazil |
| and Taiwan. It also makes its first investment in Romania through a joint venture with Helios-Phoenix and enters Russia |
| through Heitman Russia Property Partners Fund. |
| 2008 – GE Real Estate chief executive Joe Parsons announces the firm plans to rival private equity giants Blackstone and |
| Morgan Stanley by raising their own third party funds. |
| Financial Performance |
| • GE Real Estate boasts of 28 percent compound annual growth rate since 1993, achieving more than 10 percent |
| net income growth for 12 consecutive years. |
| • $72 billion in total assets |
| • $91 billion served assets |
| • Portfolio comprised of 57% equity investments and 43% debt financing. |
| • In 2006, GE Real Estate closed $29 billion of real estate transactions. |
| • The average investment size is $7.4 million. |
| GE Real Estate at work |
| • North America Equity actively sources and manages single property and portfolio acquisitions and investments including |
| office, multifamily, industrial, retail, hotel, parking and assisted living asset classes in the US, Mexico and Brazil. |
| • North America Lending structures all forms debt financing in the US and Canada. |
| • Business Property provides single-tenant mortgages to developers and investors and owner-occupied real estate |
| financing and sale-leasebacks to US and Canadian businesses. |
| • Europe provides equity investments to clients, including direct acquisitions of single assets or portfolios, joint venture |
| equity partnerships, corporate outsourcing transactions, sale-leasebacks, and mezzanine debt financing across the office, |
| residential, retail and warehouse sector and including hotels, healthcare facilities and development projects. |
| • Asia-Pacific focuses on Japan, South Korea, China, India, Singapore, Australia and New Zealand providing asset |
| management, loan servicing and joint ventures in commercial, residential and multifamily sectors. |
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: 
