CB Richard Ellis has said it is to continue to provide real estate transaction management services for General Electric's global real estate portfolio. GE recently renewed an existing agreement with the property adviser.

CB Richard Ellis has said it is to continue to provide real estate transaction management services for General Electric's global real estate portfolio. GE recently renewed an existing agreement with the property adviser.

GE's portfolio comprises more than 28 million m2 spread across 4,700 properties in over 100 countries.

Under the new agreement, CBRE will provide strategic transaction management services, including leasing, property sales and other transaction services throughout GE's global operations.

'Efficient execution of our real estate strategy is a key element of GE's business success and CBRE's platform delivers the consistent, high quality expertise and service we require across all global regions,' said Stephanie Fulbright, global director of Corporate Real Estate for GE.

GE's portfolio includes every real estate asset type from office buildings to major industrial facilities. CBRE is also assisting GE with regional strategic planning, project management and asset monetization advisory services.

Craig Hendrickson, senior managing director of CBRE Global Corporate Services, serves as the global relationship manager for the GE assignment working with CBRE professionals in the Americas, EMEA (Europe Middle East Africa) and the Asia-Pacific regions.