CB Richard Elis Named To The Fortune 500

FOR IMMEDIATE RELEASE 22 April 2009

CB Richard Elis Named To The Fortune 500 For 2nd Sgtraight Year

Only Commercial Real Estate Services Firm on Prestigious List

CB Richard Ellis Group, Inc. has been named to the FORTUNE 500 list of the largest U.S.-based companies for the second straight year. CB Richard Ellis is once again the only commercial real estate services firm to be included in the FORTUNE 500.

““Every day in New Zealand and in business locations around the world, our clients place their confidence in CBRE’s people and platform to deliver the right solutions for their business needs,” said CB Richard Ellis’ Richard Horne, Senior Managing Director. “Our inclusion in the FORTUNE 500 reflects the success of our ‘client first’ focus, particularly during these troubled economic times.”

The FORTUNE 500 ranks U.S.-based companies by total revenue. CB Richard Ellis was ranked at 464 on the list.

In 2008, CB Richard Ellis arranged sales and leasing transactions with total value of $138.8 billion and managed commercial properties and corporate facilities totaling more than 2.2 billion sq. ft. (includes properties managed by affiliate companies).

Earlier this year, CB Richard Ellis was named for the third year in a row to BusinessWeek’s list of the 50 best performers and led National Real Estate Investor’s Top Brokerage list for the sixth straight year. CBRE was also named ENERGY STAR Partner of the Year by the U.S. Environmental Protection Agency for outstanding energy management and reductions in greenhouse gas emissions for the second year.

Auckland, NZ, (22 April 2009)

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 2008 revenue). The Company has more than 30,000 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 three years in a row and a Fortune 100 fastest growing company two years in a row. Please visit our Web site at www.cbre.com.

Ends

© Scoop Media