TAURUS ACQUIRES DOWNTOWN TORONTO OFFICE BUILDING - 111 PETER STREET - FOR $39 MILLION

Taurus Investment Holdings LLC and its subsidiary, Taurus Canada Investments, announced today the recent closing on the purchase of the former Fashion Building, 111 Peter Street, Toronto, Ontario. The nine-storey, 252,000 square foot office building is ideally situated in the popular Theatre District, minutes from the downtown core. "Taurus purchased the building because of its prime location and potential to enhance the asset's value through leasing and internal management," said Managing Partner, Dennis Porter. The purchase price of the building was $39,750,000 and the lender is Penmor Investment Services Ltd.

For further information on this or other Taurus global real estate products, please contact Dennis Porter at: dporter@tiholdings.com or 416-585-9109.

TAURUS INVESTMENT HOLDINGS, LLC

In 1976, Taurus was founded in Munich, Germany. In 1979, it initiated business operations in the United States. For over 30 years, Taurus has documented an impeccable track record of significant above-market returns by holding to its philosophy of: 1.) Preservation of principle, 2.) Providing superior risk-adjusted returns, and 3.) alignment of interests with investors.

While previously focusing on German capital, since 2001 Taurus has become a trusted partner for US investors while expanding its access to capital in many parts of the world.

Taurus is recognized as a highly-entrepreneurial owner/operator of more than 10 million square feet of real estate worldwide. With 16 operating subsidiaries, Taurus has become one of the premier owner/operators of directly managed and joint venture commercial real estate in North and South America, Western Europe, and most recently, Istanbul.

Since its inception, Taurus has purchased and sold over 20 million square feet of office, industrial, retail, residential and hotel assets. Taurus is widely recognized as a strategic real estate owner/operator specializing in value creation through a mix of development, redevelopment, lease-up and intensive professional management of each individual investment. Through the combination of its international regional office platform and extensive capital resources, Taurus successfully brings together a unique blend of local entrepreneurship with global financial strength.