Los Angeles, March 2, 2011 – CB Richard Ellis Group Inc. (NYSE:CBG) today announced that CB Richard Ellis has been named the premier global brand in commercial real estate, according to a survey of industry professionals worldwide by The Lipsey Company. CB Richard Ellis has been voted the industry’s top brand for ten consecutive years, ever since Lipsey inaugurated its survey in 2002.
“We are deeply honored to once again lead the list of commercial real estate’s premier brands,” said Brett White, chief executive officer of CB Richard Ellis. “What makes this result particularly meaningful is the endorsement it provides from our clients and industry peers worldwide, who expressed their opinions through their ballots. Our people work hard every day to deliver superior service across markets and business lines. They are the CB Richard Ellis brand and it is gratifying to see their commitment to excellence continue to be recognized.”
The Lipsey survey measures commercial real estate professionals’ perceptions of the industry’s leading brands. More than 25,000 U.S. and international professionals participated in the 2011 survey, including property owners, investors, lenders, brokers and property managers. 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 2010 revenue). The Company has approximately 31,000 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. Please visit our Web site at www.cbre.com.