CBRE Group, Inc. Extends Property and Asset Management Capabilities with Acquisition of SOGESMAINT-CBRE

  CBRE Group, Inc. Extends Property and Asset Management Capabilities with
  Acquisition of SOGESMAINT-CBRE

Business Wire

LOS ANGELES -- June 14, 2013

CBRE Group, Inc. (NYSE: CBG), the global commercial real estate services and
investment firm, today announced that it has acquired full ownership of
SOGESMAINT-CBRE, a property and asset management specialist operating in
Belgium. CBRE has held a minority interest in the company since 2006.

SOGESMAINT-CBRE was established in 1973 and today it is one of the leading
property and asset management businesses in Belgium. The company manages over
1.4 million square meters across 90 properties throughout the country and also
provides project management and leasing services.

The company’s professional team will become part of CBRE’s leading EMEA
Property and Asset Management practice, which manages over 35 million square
meters of assets across the region with a focus on premier properties,
shopping centers and major portfolios. In response to growing client demand,
CBRE has significantly strengthened this capability in the region, underlined
by its recent acquisitions of IMPACT-CORTI and Euro Mall Center Management,
two property management firms operating in Central Europe, and SCM, a shopping
center specialist in the Netherlands.

Michael Strong, CBRE’s Executive Chairman, EMEA, said:

“Our business continually evolves to ensure we meet the current and future
needs of our clients. The SOGESMAINT-CBRE acquisition is part of this
commitment, ensuring we have the leading property and asset management
platform across the EMEA region, and builds on our recent acquisitions that
have expanded our business in the Netherlands, Czech Republic, Slovakia,
Poland, Latvia and Lithuania. Since first partnering with SOGESMAINT-CBRE in
2006, we have had an exceptionally strong relationship with them driven by our
mutual focus on client service, industry best practice and innovation and I am
delighted to bring them fully into CBRE.”

Gaetan Clermont, CBRE’s CEO, Belgium and Luxembourg, added:

“To maximize the value of their real estate investments, our clients are
increasingly seeking expert property management services aligned with high
quality investment, leasing and asset management advice. Fully integrating
SOGESMAINT-CBRE into our Belgian business enables us to further enhance our
service offering for the benefit of our extensive domestic and international
client base.”

Micheline De Munck, SOGESMAINT-CBRE’s CEO, commented:

“We are thrilled to be fully joining up with CBRE. Our original relationship
afforded us access to the group’s substantial global platform, formidable
client base and strength across all property sectors. This move will reinforce
and increase our own clients’ access to this unique network and enable us to
enhance the services we offer them. We look forward to further building on the
successes of the past few years and further growing our offer to clients
within CBRE's strong Property and Asset Management team to consolidate our
leading position in Belgium.”

About CBRE Group, Inc.

CBRE 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 and
investment firm (in terms of 2012 revenue). The Company has approximately
37,000 employees (excluding affiliates), and serves real estate owners,
investors and occupiers through more than 300 offices (excluding affiliates)
worldwide. CBRE 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 website at

“Safe Harbor” Statement Under the U.S. Private Securities Litigation Reform
Act of 1995

Certain of the statements in this release regarding the acquisition of
Sogesmaint-CBRE that do not concern purely historical data are forward-looking
statements within the meaning of the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These forward-looking
statements involve risks and uncertainties, including, but not limited to, the
ability of the parties to successfully integrate the operations of
Sogesmaint-CBRE with CBRE’s existing property and asset management operations
in Belgium and throughout Europe, and the ability to leverage the combined
operations to capture a larger share of the property and asset management
market in Belgium and Europe, as well as other risks and uncertainties
discussed in CBRE’s filings with the U.S. Securities and Exchange Commission
(SEC). Any forward-looking statements speak only as of the date of this
release and, except to the extent required by applicable securities laws, CBRE
expressly disclaims any obligation to update or revise any of them to reflect
actual results, any changes in expectations or any change in events. If CBRE
does update one or more forward-looking statements, no inference should be
drawn that it will make additional updates with respect to those or other
forward-looking statements. For additional information concerning factors that
may cause actual results to differ from those anticipated in the
forward-looking statements, and risks to CBRE’s business in general, please
refer to the Company’s SEC filings, including its Annual Report on Form 10-K
for the fiscal year ended December 31, 2012, and its Quarterly Report on Form
10-Q for the quarter ended March 31, 2013. Such filings are available publicly
and may be obtained off the Company's website at or upon request
from the CBRE Investor Relations Department at


CBRE Group, Inc.
Gil Borok
Chief Financial Officer
Nick Kormeluk
Investor Relations
Steve Iaco
Corporate Communications
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