Market Overview

CBRE Group, Inc. Enhances Texas Market Leadership with Acquisition of Peloton Commercial Real Estate's San Antonio Operations


CBRE Group, Inc. (NYSE:CBRE) today announced that it has acquired the
San Antonio operations of Peloton, a leading full service commercial
real estate firm in Texas. The acquisition makes CBRE the leading
provider of commercial property leasing, sales and management services
in the growing San Antonio market.

In 2017, CBRE and Peloton's San Antonio operations combined completed
$681 million of sales and leasing transactions and currently manage
and/or lease over 20 million sq. ft. of commercial property in the San
Antonio market.

"The combination of CBRE and Peloton creates San Antonio's top real
estate services brand, which will deliver superior results for our
clients and expanded opportunities for our professionals," said Michael
Caffey, President of the Texas and Oklahoma Division and Latin America,

Peloton in San Antonio is led by Gardner Peavy, who joins CBRE as
Managing Director for San Antonio. He will be joined by 26 colleagues
from the Peloton San Antonio operations. Mr. Peavy will report to Scott
Senese, who leads CBRE's Austin and El Paso operations. The combined
workforce of the two companies totals nearly 300 employees in San

"We are extremely excited about what the combined operations represent
in the San Antonio market--a broad and deep offering for our current and
future clients utilizing some of the most talented service providers in
the area," said Mr. Peavy. "Timing could not be better, as San Antonio
continues to be a real estate market of new focus and growth."

About CBRE Group, Inc.

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 2017 revenue). The company
has more than 80,000 employees (excluding affiliates), and serves real
estate investors and occupiers through approximately 450 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. Please visit our website at

Forward-Looking Statements

Certain of the statements in this release regarding the acquisition of
the San Antonio operations of Peloton and the business outlook for the
San Antonio market 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.
Forward-looking statements are made based on our management's
expectations and beliefs concerning future events affecting us and are
subject to uncertainties and factors relating to our operations and
business environment, all of which are difficult to predict and many of
which are beyond our control. Accordingly, actual performance, results
and events may vary materially from those indicated in forward-looking
statements, and you should not rely on forward-looking statements as
predictions of future performance, results or events. Numerous factors
could cause actual future performance, results and events to differ
materially from those indicated in forward-looking statements,
including, but not limited to, our ability to successfully integrate
Peloton with our existing operations in Texas, as well as other risks
and uncertainties discussed in our filings with the U.S. Securities and
Exchange Commission (SEC). Any forward-looking statements speak only as
of the date of this release. We assume no obligation to update
forward-looking statements to reflect actual results, changes in
assumptions or changes in other factors affecting forward-looking
information, except to the extent required by applicable securities
laws. If we do update one or more forward-looking statements, no
inference should be drawn that we 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 other risks
and uncertainties to our business in general, please refer to our SEC
filings, including our Form 10-K for the fiscal year ended December 31,
2017 and Form 10-Q for the quarter ended June 30, 2018. Such filings are
available publicly and may be obtained from our website at
or upon request from the CBRE Investor Relations Department at

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