Page 1

EXHIBIT 99.1 CBRE PRESS RELEASE Corporate Headquarters 2100 McKinney Avenue Suite 1250 Dallas , Texas 75201 FOR IMMEDIATE RELEASE For further information : Kristyn Farahmand Investors 214.863.3145 Steve Iaco Media 212.984.6535 www.cbre.com CBRE GROUP , INC . REPORTS FINANCIAL RESULTS FOR FIRST - QUARTER 2021 Dallas , TX - April 29 , 2021 GAAP EPS of $ 0.78 and Adjusted EPS of $ 0.86 CBRE Group , Inc. ( NYSE : CBRE ) today reported financial results for the first quarter ended March 31 , 2021 . " We are off to a strong start in 2021 , with the highest first - quarter revenue and adjusted earnings per share ever for the company , ” said Bob Sulentic , CBRE's president and chief executive officer . “ Our performance is being propelled by our long - standing efforts to diversify our business across four key dimensions : property types , lines of business , geographic markets and client types . The broad diversification of our business , coupled with decisive actions in 2020 to re - set our cost structure , underpinned our earnings growth for the quarter , and we expect to see continued benefits in the quarters and years ahead . " Mr. Sulentic continued : “ For full - year 2021 , we now expect adjusted earnings per share to meaningfully surpass 2019's peak level , with potential upside from discretionary capital deployment . Notably , our outlook for 2021 and beyond envisions strong growth even with continued pressure on the office market . Clearly , that pressure remains very acute right now , particularly in densely populated gateway cities , and will remain