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CBRE GROUP, INC. ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE UK-BASED NORLAND MANAGED SERVICES LTD

CBRE GROUP INC SAYS DEAL FOR APPROXIMATELY $400 MILLION

CBRE GROUP SAYS PURCHASE PRICE IS PAYABLE IN CASH, EXCEPT FOR ABOUT $9 MLN PAYABLE IN CBRE COMMON STOCK TO NORLAND SENIOR MANAGEMENT

CBRE GROUP INC - ANTICIPATES THAT THE TRANSACTION WILL BE MODERATELY ACCRETIVE TO ITS EARNINGS IMMEDIATELY

CBRE GROUP INC - EXPECTS TO FINANCE ACQUISITION WITH CASH ON HAND AND BORROWINGS UNDER ITS EXISTING REVOLVING CREDIT FACILITY

CBRE GROUP SAYS NORLAND ACQUISITION IS EXPECTED TO CLOSE BEFORE YEAR END 2013 AND IS SUBJECT TO CLEARANCE FROM EUROPEAN COMMISSION