EXHIBIT 23(i)(1)
 
                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
 
  As independent public accountants, we hereby consent to the incorporation by
reference in this registration statement of our report dated January 31, 1997
included in CB Commercial Real Estate Services Group, Inc.'s Annual Report on
Form 10-K for the year ended December 31, 1996 and to all references to our
Firm included in this registration statement.
 
                                          /s/ Arthur Andersen LLP
 
Los Angeles, California
   
July 30, 1997