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GE Real Estate likes Japan and Mexico

Wed Jun 28, 2006 8:13am EDT

Reporter's Notebook

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NEW YORK (Reuters) - GE Real Estate is keen on investing in Japan and Mexico, but South America is currently not on the radar, the head of the real estate arm of General Electric Co. (GE.N: Quote, Profile, Research, Stock Buzz) said at the Reuters Real Estate Summit in New York on Tuesday.

"We love Japan," said Michael Pralle, president and chief executive of GE Real Estate. "We're doing a lot in Japan."

In Mexico, the country's huge young population translates into what GE sees as a demand for retail real estate as well as housing.

 
 
 
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