Resource: 15th March 2010, CB Richard Ellis Beijing

CB Richard Ellis Group, Inc. Launches iPhone Application

15 March , 2010 Beijing – 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 2008 revenue). The Company has approximately 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 .

For further information:

Karen Chen

Director

Corporate Communications , Greater China

CB Richard Ellis

Office: (86- 10 ) 8588 0691

karen.chen@cbre.com.cn

Claire Zhang

Manager

Corporate Communications , Northern China

CB Richard Ellis

Office: (86- 10 ) 8588 0683

claire.zhang@cbre.com.cn