May 12, 2025
CBRE Group, Inc.
CBRE Services, Inc.
2121 North Pearl Street, Suite 300
Dallas, Texas 75201
To the Addressees Stated Above:
We have acted as counsel to CBRE Group, Inc., a Delaware corporation (“Parent”), and CBRE Services, Inc., a Delaware corporation (the “Company”), in connection with the Registration Statement on Form S-3 (File No. 333-276141) (the “Registration Statement”) filed by Parent, the Company and certain subsidiaries of the Company, including the prospectus constituting a part thereof dated December 19, 2023, and the prospectus supplement dated April 28, 2025 to such prospectus (together, the “Prospectus”) filed with the Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933, as amended, relating to the issuance by the Company of $600,000,000 aggregate principal amount of 4.800% Senior Notes due 2030 (the “2030 Notes”) and $500,000,000 aggregate principal amount of 5.500% Senior Notes due 2035 (the “2035 Notes” and, together with the 2030 Notes, the “Notes”) and the issuance by Parent of the Guarantee (as defined below) with respect to the Notes.
We have examined the Registration Statement; the Underwriting Agreement, dated April 28, 2025 (the “Underwriting Agreement”), among Parent, the Company and the underwriters named therein pursuant to which such underwriters have agreed to purchase the Notes; the Indenture, dated as of March 14, 2013 (the “Base Indenture”), among Parent, the Company, certain subsidiaries of the Company and Computershare Trust Company, National Association, as successor to Wells Fargo Bank, National