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CB Richard Ellis Group, Inc. Launches iPhone Application

Los Angeles, March 12, 2010 – CB Richard Ellis Group, Inc. (NYSE:CBG) today announced the launch of an iPhone application that connects users of the mobile communications device with the rich resources of the world's preeminent commercial real estate services firm.

The CBRE app offers initial features, including:

  • ability to search CBRE global office locations;
  • ability to search contact information for CBRE personnel globally; and,
  • access to CBRE's Global Office Occupiers Guide, a comprehensive reference guide on leasing practices and protocols around the world.

CB Richard Ellis is the first commercial real estate services firm with a corporate iPhone application. The Company plans to add more functionality, including more research tools and information, on a regular basis.

"The CBRE app is designed to be a valuable and time-saving tool that will assist our clients and our professionals as they navigate the world of CB Richard Ellis," said Cal Frese, CBRE's president, Global Services. "We are looking forward to both broadening this application and enhancing its capabilities over time."

iPhone users can download the CBRE app on iTunes.

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.

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