GE Real Estate


GE Real Estate: At a glance

History

•   First GE real estate transaction completed in early 1950’s

•   Business established in 1972


Financial Performance

•   28% compound annual growth rate since 1993, achieving >10% net income growth for 12 consecutive years

•   $87 billion in total assets

•   $97 billion served assets

•   Portfolio comprised of 52% equity investments and 48% debt financing

•   Closed $39 billion of real estate transactions in '07

•   Average investment size: $8.3 million


Operations

•   Broad range of products: debt, equity, joint venture, property management

•   Employs 2,000 professionals:

    – Operating in 31 countries

    – 613 client relationship managers

    – 320 Asset Managers with average of 10+ years experience

•   More than 5,000 customer relationships

•   47 offices in 31 countries


Leadership

•   More than tripled net income over the past 5 years

•   Net income originated outside the US increased to 72% in 2007 from 22% in 1999

•   Each year since 2001, GE Real Estate has received GE’s prestigious Chairman’s Leadership Award.


Customer Focus

•   Joint Ventures: partnering with select world-class real estate companies, we offer an even greater breadth of services

•   Global Asset Management Services:

    – Providing comprehensive investment, acquisition, disposition and portfolio management for real estate
       owners and investors.

    – Successfully managed more than $13 billion of performing and distressed properties since 1992

    – Currently oversee more than 393 million square feet of global real estate

•   Invested $51.4 million since 2002 in new technologies to improve our capabilities:

    – Shares documents electronically with our customers

    – Speeds processes by having information access at all times

    – Cuts customer touch points in North America Lending by 60%


Copyright General Electric Company 1997-2008

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