GE announced its GE Capital Real Estate business has now completed transactions totaling $9.5 billion with Blackstone, Wells Fargo, Shinsei Bank Limited and other buyers for portfolios in Canada, Japan, Germany, U.K. and the U.S.

As announced on April 10, $22.5 billion of GE’s real estate debt and equity assets will be sold to Blackstone and Wells Fargo. On May 29, Shinsei Bank announced it had acquired from GE a $0.5 billion portfolio of assets in Japan. GE has pending transactions with other buyers for an additional $3.5 billion of debt and equity assets located primarily in France, Germany, Italy, Japan Spain, the U.K. and the U.S. Most of these transactions are expected to close in the second and third quarter.

“There has been tremendous cooperation and speed by all parties as we work through these closings,” said Alec Burger, CEO of GE Capital Real Estate. “This is one of the largest commercial real estate transactions in the history of the industry and we’re pleased with the progress being made around the globe.”

Keith Sherin, GE Capital chairman and CEO, noted, “Our real estate exits are going well and support our overall estimate of achieving $100 billion of dispositions by the end of 2015.”