GE To Sell $30B in Real Estate, CRE Debt to Wells Fargo, Blackstone

April 9, 2015 7:40 PM

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General Electric is close to a deal to sell “all or part” of its real estate holdings to Wells Fargo and Blackstone Group, according to The Wall Street Journal.

GE’s commercial holdings around the world are worth an estimated $30 billion, the paper said.

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