CBRE GROUP, INC. — Director's Dealing 2011

May 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CB RICHARD ELLIS GROUP INC (CBG)
CIK: 0001138118
Period of Report: 2011-05-18

Reporting Person: Borok Gil (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-18	Class A Common Stock	S	6627.0000	$26.9018	Disposed	109345.0000	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $26.9022 to $26.91. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range.