EXHIBIT 21
SUBSIDIARIES OF CB RICHARD ELLIS GROUP
At December 31, 2003
| NAME |
State (or Country) of Incorporation | |
| CB Richard Ellis Commercial Limited |
United Kingdom | |
| CB Richard Ellis, Inc. |
Delaware | |
| CB Richard Ellis Real Estate Services, Inc. |
Delaware | |
| CB Richard Ellis Services, Inc |
Delaware | |
| CBRE Stewardship Company |
United Kingdom | |
| Insignia Financial Group, Inc. |
Delaware | |
| L.J. Melody & Company |
Texas | |
| L.J. Melody & Company of Texas, L.P. |
Texas | |
| CB Intermediate Limited |
United Kingdom | |
| Relam Amsterdam Holdings B.V. |
The Netherlands | |
| CB Hillier Parker Limited |
United Kingdom | |
| Insignia Richard Ellis Europe Limited |
United Kingdom | |
| Insignia BV |
The Netherlands |