CB/TCC Global S-4 Registration of securities issued in business combination transactions

Exhibit 12

CB RICHARD ELLIS GROUP, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in thousands)

	Year Ended December 31,												Nine Months Ended September 30,
	2005		2006		2007		2008			2009			2009			2010
Income (loss) from continuing operations before provision for income taxes	$	358,385	$	523,017	$	592,389	$	(1,025,679	)	$	(645	)	$	(77,611	)	$	141,331
Less: Equity income (loss) from unconsolidated subsidiaries		38,425		33,300		64,939		(80,130	)		(34,095	)		(18,252	)		11,333
Income (loss) from continuing operations attributable to non-controlling interests		2,163		6,120		11,875		(54,198	)		(60,979	)		(47,819	)		(26,962	)
Add: Distributed earnings of unconsolidated subsidiaries		24,997		29,384		117,196		23,867			13,509			7,838			14,065
Fixed charges		103,995		120,963		220,213		236,533			278,379			214,055			194,806
Total earnings (loss) before fixed charges	$	446,789	$	633,944	$	852,984	$	(630,951	)	$	386,317		$	210,353		$	365,831
Fixed charges:
Portion of rent expense representative of the interest factor (1)	$	40,328	$	42,109	$	57,222	$	69,377		$	59,978		$	48,509		$	44,984
Interest expense		56,281		45,007		162,991		167,156			189,146			136,291			149,822
Write-off of financing costs		7,386		33,847		—		—			29,255			29,255			—
Total fixed charges	$	103,995	$	120,963	$	220,213	$	236,533		$	278,379		$	214,055		$	194,806
Ratio of earnings to fixed charges		4.30		5.24		3.87		N/A	(2)		1.39			0.98	(3)		1.88

(1) Represents one-third of operating lease costs, which approximates the portion that relates to the interest portion.

(2) The ratio of earnings to fixed charges was negative for the year ended December 31, 2008. Additional earnings of $867.5 million would be needed to have a one-to-one ratio of earnings to fixed charges.

(3) The ratio of earnings to fixed charges was less than one for the nine months ended September 30, 2009. Additional earnings of $3.7 million would be needed to have a one-to-one ratio of earnings to fixed charges.