CB RICHARD ELLIS NAMED GLOBAL No.1 IN 2006 EUROMONEY AWARDS

New York ? September 18th, 2006 ? Euromoney has named CB Richard Ellis the overall winner in its 2006 Global Real Estate Awards. CB Richard Ellis swept the board winning a total of 48 awards from the global financial publication, including the award for top Global Advisory firm.

?Our continuing success in the Euromoney awards is a testament to the quality of service we are providing clients around the world,? said Brett White, CB Richard Ellis? President and Chief Executive Officer. ?We are particularly proud of these awards because they represent recognition from our clients and peers throughout the industry. These results validate that we are setting a high benchmark for premier service delivery on a global scale.?

In addition to winning the overall Global Advisory category, CB Richard Ellis was named worldwide number one for Valuation, Transaction Execution, Financial Services, Corporate Real Estate Services, and Agency/Letting, and also received numerous country-specific awards.
The award winners are determined by surveys across Euromoney?s readership base, consisting of financial executives from around the world.

Major Regional Euromoney 2006 awards won by CB Richard Ellis

GLOBAL
Advisory – Overall
Advisory – Agency/Letting
Advisory – Corporate Real Estate Services
Advisory – Financial Services
Advisory – Transaction Execution
Advisory – Valuation

USA
Advisory – Overall
Advisory – Agency/Letting
Advisory – Corporate Real Estate Services

WESTERN EUROPE
Advisory – Overall
Advisory – Agency/Letting
Advisory – Corporate Real Estate Services
Advisory – Transaction Execution
Advisory – Valuation

ASIA
Advisory – Overall
Advisory – Transaction Execution

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About CB Richard Ellis
CB Richard Ellis Group, Inc. (NYSE:CBG), a FORTUNE 1000 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2005 revenue). The Company serves real estate owners, investors and occupiers through more than 350 offices (including affiliate and partner offices) worldwide. CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; investment management; appraisal and valuation; and research and consulting. Please visit our Web site at www.cbre.com.