(b), (c) On February 18, 2009, Robert E. Sulentic was appointed as the Company's Chief Financial Officer and President - Development Services, effective as of March 3, 2009. Effective February 17, 2009, Mr. Sulentic resigned from the Company's board of directors. Mr. Sulentic resigned from the board of directors as a result of a new board policy regarding eligibility of the holder of certain officer positions to serve on the board of directors.

Mr. Sulentic previously served as our Group President - Development Services, Asia Pacific and Europe, Middle East and Africa, and had been a member of the Company's board of directors since December 2006. Prior to that, he was a director of Trammell Crow Company from December 1997 through December 2006 and served as its Chairman of the board from May 2002 through December 2006. Mr. Sulentic was President and Chief Executive Officer of Trammell Crow Company from October 2000 through December 2006 and prior to that served as its Executive Vice President and Chief Financial Officer from September 1998 to October 2000. Mr. Sulentic is also a member of the board of directors of Staples, Inc. He holds a B.A. degree from Iowa State University and an M.B.A. from Harvard Business School.

Gil Borok, who has been serving as the Company's interim Chief Financial Officer, will resume his duties as the Company's Executive Vice President - Chief Accounting Officer and will also take on the additional role of Chief Financial Officer of the Company's Americas business.

A copy of the Company's press release announcing Mr. Sulentic's appointment as Chief Financial Officer is filed as Exhibit 99.1 to this Current Report on Form 8-K.

(d) Exhibits

99.1    Press release issued by the Company on February 18, 2009 announcing the
        appointment of Robert E. Sulentic as Chief Financial Officer and President
        - Development Services.