Amin Mohamed Lalji ?

I have done this site especially for Amin Mohamed Lalji
in order to visit thishousewillexist.org

I apologize for my poor translation into English

Amin Lalji is the Owner of Larco Investments Ltd.

---

Larco Investments Ltd. offers real estate management services. The company provides property development, acquisition, and leasing services. Larco Investments Ltd. was founded in 1970 and is based in West Vancouver, Canada.

----

The sale and leaseback of seven federal office properties Closes Today
For immediate release

Toronto (Ontario), October 31, 2007 - The Honourable Michael M Fortier, Minister of Public Works and Government Services Canada (PWGSC), today announced the closing of the sale and leaseback of seven federal office properties. The Government of Canada is selling the properties to Larco Investments Ltd.., A property company wholly owned by Canadian interests, for $ 1.41 billion and will lease the buildings for the next 25 years.
The decision to sell the properties resulted from a wide open, transparent and competitive. An analysis by an international financial expert, Deutsche Bank, concluded that this option offered good value for money for taxpayers, given the favorable market conditions.
"Investing in office towers is not and should not-be-a priority for the government," stressed Minister Fortier. "The sale today of great benefit to taxpayers and the government will continue to focus on priorities that are important to Canadians: providing services and high quality programs they need and deserve. "
"Larco Investments Ltd.. warmly welcomes this transaction, "said Amin Lalji, Director, Larco Investments Ltd.. "These properties will be important assets, stable and long-term Larco Investments. They are located in prime locations, they complement our existing portfolio and we are assured of tenants for the next 25 years. "
"This transaction has been carefully developed to protect taxpayers and provide the government the most important value," said Minister Fortier. "In fact, for the first time, the Auditor General of Canada will have access to financial statements relating to the properties of one of the owners of the government, which will enhance the degree of transparency of government leasing. "
Canadians continue to have access to federal programs and services as before under the new ownership arrangement. The Government will continue to use the buildings and to name and to fly the Canadian flag. The new owner will be required to comply with government standards on the environment, health and safety.
The seven office properties located in five major Canadian cities: Edmonton, Calgary, Toronto, Ottawa and Montreal.
The government is keeping its promise to act in the most transparent manner and makes the following documents available on request the opinion letter from Deutsche Bank, Deutsche Bank report, the interim report of BMO / RBC the draft lease. Please contact the Office of Media Relations Management Services (see below) to request copies.

---
-> Site for Amin Mohamed Lalji

Initiative on Property

The Government of Canada has completed the sale and leaseback of seven federal office properties include:

Harry Hays Building in Calgary;
Canada Place in Edmonton;
Joseph Shepard Building in Toronto;
Building Thomas D'Arcy McGee and the Skyline Complex in Ottawa;
the 305, boulevard Rene-Levesque West and 4225 Dorchester West in Montreal.

These buildings were sold to Larco Investments Ltd.. for $ 1.41 billion and they will then be leased for 25 years. Larco Investments Ltd.. is an all-Canadian real estate company with over 30 years experience in the industry.

This transaction is the result of a study requested by Public Works and Government Services Canada (PWGSC) in September. After reviewing 40 office buildings owned and various ways to provide local departments of the Government of Canada cost-effectively and efficiently, BMO Capital Markets Real Estate Group and RBC Capital Markets Real Estate Group Inc. recommended the Government to proceed with the sale and leaseback of certain buildings.

In March 2007, the government announced it was moving forward with the first stage of a two-pronged strategy for the possible sale-leaseback of these properties.

The first step was to put the property on the market for bids. This was done by BMO Capital Markets Real Estate Group and RBC Capital Markets Real Estate Group Inc. On behalf of the Government of Canada, between May 1 and June 12, 2007.

The second step was to analyze the best bid to help the government determine whether the sale and leaseback was sound financially. In June 2007, Deutsche Bank has been engaged to conduct this analysis and make recommendations.

Deutsche Bank confirmed that the deal offered to the State a good value, given the financial conditions of the leases. The company has also found that the marketing process was rigorous and detailed and approved the choice of PWGSC as to the best bidder.

Furthermore, this transaction will not affect the Canadian or the services or programs the government offers in the buildings affected. Indeed, the services related to passports, taxes, employment insurance and pension plan will continue to be offered in these places with the same degree of efficiency.


-> Site for Amin Mohamed Lalji