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CB RICHARD ELLIS TAPS TIM GIFFORD TO SERVE CAPITAL MARKETS OF LATIN AMERICA

Miami, FL – June 29, 2011 – (RealEstateRama) — CB Richard Ellis (CBRE) announced today that Tim Gifford has joined the Capital Markets group as Senior Vice President. Gifford is based in the Miami office and will focus on investment acquisitions, dispositions and financing of properties in the Latin American markets.

“I look forward to working closely with the CBRE offices in the region to provide clients with a seamless, one-stop capital markets advisory service platform,” said Gifford.

Gifford will also serve as a liaison for capital markets activities in the Latin America region, often collaborating with CBRE’s global capital markets colleagues in London, Sydney, Toronto, Hong Kong and Singapore.

Gifford was previously with an affiliate office of CBRE where he provided advisory services on institutional acquisitions in Latin America. Most recently, Gifford was with Aguirre Newman America as area director responsible for overseeing the Americas capital markets division. His history of client engagements includes Union Investments, PREI, UBS, Ivanhoe Cambridge, DEKA, and multiple European capital groups.

Gifford is further qualified in investment advisory as a Fellow of the Royal Institute of Chartered Surveyor (RICS), a RICS Americas Board Member, and Chairman of the RICS Florida Chapter.

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.

Contact:
Elizabeth Cross
305.428.6373
elizabeth.cross (at) cbre (dot) com

Lauren Crawford
813.273.8482
lauren.crawford (at) cbre (dot) com

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CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

Contact:

Nadja Brandt
Corporate Communications, Pacific Southwest

+1 213 6133627