Los Angeles, March 3, 2010 – CB Richard Ellis has been named the premier global brand in commercial real estate, according to a survey of worldwide real estate professionals by The Lipsey Company. CB Richard Ellis has topped Lipsey's annual ranking of commercial real estate brands for nine consecutive years.
The Lipsey survey measures commercial real estate professionals' perceptions of the industry's leading brands. More than 50,000 U.S. and international professionals participated in the survey, including property owners, investors, lenders, brokers and property managers.
"Our continued success in this industry survey is a great tribute to our people," said Brett White, chief executive officer of CB Richard Ellis. "Our people are the CBRE brand. Their talents, and commitment, combined with our global platform, enable us to deliver superior service across markets and disciplines, and have solidified our position as the industry leader."
CB Richard Ellis has ranked number one in the Lipsey survey every year since its inception in 2002. The Lipsey Company provides training and professional development services to the commercial real estate industry.
About CB Richard Ellis
CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services firm (in terms of 2009 revenue). The Company has approximately 29,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. CB Richard Ellis has been named a BusinessWeek 50 "best in class" company for three years in a row. Please visit our Web site at www.cbre.com.