Business Review Day
Asset Services
May 17, 2006
Jana Turner
President, Asset Services
Exhibit 99.10


CB Richard Ellis | Page 1
CB Richard Ellis | Page 1
2005 Outsourcing % of Americas Revenue
5%
13%
30%
6%
46%
Advisory
Outsourcing
Outsourcing
$268m
US Brokerage
Valuation
Capital Markets
Canada &
Latin America


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CB Richard Ellis | Page 2
What is Asset Services?
Asset Services provides a strategic approach to
maximizing the value of commercial assets for
investment owners.
Technical/Engineering
Procurement
Financial/Accounting
Risk Management
Services include:
Property Management
Leasing
Project Management
Marketing & Branding
Tenant Relations


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CB Richard Ellis | Page 3
Key Business Drivers
Consolidation of Service Providers
Outsourcing by Private Market Clients/REITS
Active Investment Sales Environment


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CB Richard Ellis | Page 4
Key Business Drivers
Consolidation of Service Providers
DDRS –
4.5 million sq. ft. portfolio consolidated
to two providers (CBRE –
East)
Portfolio consists of smaller, suburban office
product


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CB Richard Ellis | Page 5
Key Business Drivers
Outsourcing by Private Market
Clients/REITS
Hampshire Properties –
9 million sq. ft. managed
(1Q’06)
Dividend Capital –
8.8 million sq. ft. managed
(1Q’06)


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CB Richard Ellis | Page 6
Key Business Drivers
Active Investment Sales Environment
1Q’06 –
46.5 million sq. ft. added
1Q’05 –
27.4 million sq. ft. added


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CB Richard Ellis | Page 7
7%
10%
41%
42%
Office
Industrial
Retail
Other
473 Million Sq.Ft.*
Statistics –
Portfolio Distribution
Includes Partner and Affiliate Office Statistics
As of December 31, 2005


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CB Richard Ellis | Page 8
5%
17%
78%
Property/Project
Management Fees
Leasing
Sales
Statistics –
Revenue Distribution
For the year ended December 31, 2005


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CB Richard Ellis | Page 9
Asset Services’
Top Clients


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CB Richard Ellis | Page 10
Growth –
Top 10 Clients
sq.ft.
*Through March 31, 2006
*
Top 10 Client CAGR of 20%
0
5,000,000
10,000,000
15,000,000
20,000,000
25,000,000
30,000,000
35,000,000
40,000,000
1
2
3
4
5
6
7
8
9
10
2006
2001


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CB Richard Ellis | Page 11
Key Differentiators
THE ASSET SERVICES PLATFORM
Axis Portal
CBRE Technical Services
Global Quality Standards
Procurement
Risk Management
Recruiting/Retention Program


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CB Richard Ellis | Page 12
2006 Strategic Initiatives
Seek out Project Management growth through
acquisition of companies or practice groups
Achieve greater industry penetration with the Axis
Portal
Growth of Private Label initiative
Continued focus on building a meaningful Account
Management program and platform
Further drive cost efficiencies from the shared
services divisions


CB Richard Ellis | Page 13
CB Richard Ellis | Page 13