Exhibit 25
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FORM T-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
CHECK IF AN APPLICATION TO DETERMINE
ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b)(2) |__|
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THE BANK OF NEW YORK
(Exact name of trustee as specified in its charter)
New York 13-5160382
(State of incorporation (I.R.S. employer
if not a U.S. national bank) identification no.)
One Wall Street, New York, N.Y. 10286
(Address of principal executive offices) (Zip code)
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JONES LANG LASALLE FINANCE B.V.
(Exact name of obligor as specified in its charter)
The Netherlands Not Applicable
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
200 East Randolph Drive 60601
Chicago, Illinois (Zip code)
(Address of principal executive offices)
TABLE OF ADDITIONAL REGISTRANTS
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Exact name of registrant State of other jurisdiction I.R.S. Employer
as specified in its charter of incorporation or formation Identification No.
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Jones Lang LaSalle Incorporated Maryland 36-4150422
Jones Lang LaSalle Americas, Inc. Maryland 36-4160760
LaSalle Investment Management, Inc. Maryland 36-4160747
Jones Lang LaSalle International, Inc. Delaware 36-3722108
Jones Lang LaSalle Co-Investment, Inc. Maryland 36-4160750
LaSalle Hotel Advisors, Inc. Maryland 36-4208322
Jones Lang LaSalle Limited England and Wales Not Applicable
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9% Senior Notes due 2007
(Title of the indenture securities)
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1. GENERAL INFORMATION. FURNISH THE FOLLOWING INFORMATION AS TO THE
TRUSTEE:
(A) NAME AND ADDRESS OF EACH EXAMINING OR SUPERVISING AUTHORITY TO
WHICH IT IS SUBJECT.
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Name Address
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Superintendent of Banks of the 2 Rector Street, New York, N.Y.
State of New York 10006, and Albany, N.Y. 12203
Federal Reserve Bank of New York 33 Liberty Plaza, New York, N.Y.
10045
Federal Deposit Insurance Corporation Washington, D.C. 20429
New York Clearing House Association New York, New York 10005
(B) WHETHER IT IS AUTHORIZED TO EXERCISE CORPORATE TRUST POWERS.
Yes.
2. AFFILIATIONS WITH OBLIGOR.
IF THE OBLIGOR IS AN AFFILIATE OF THE TRUSTEE, DESCRIBE EACH SUCH
AFFILIATION.
None.
16. LIST OF EXHIBITS.
EXHIBITS IDENTIFIED IN PARENTHESES BELOW, ON FILE WITH THE COMMISSION,
ARE INCORPORATED HEREIN BY REFERENCE AS AN EXHIBIT HERETO, PURSUANT TO
RULE 7A-29 UNDER THE TRUST INDENTURE ACT OF 1939 (THE "ACT") AND 17
C.F.R. 229.10(D).
1. A copy of the Organization Certificate of The Bank of New York
(formerly Irving Trust Company) as now in effect, which contains
the authority to commence business and a grant of powers to
exercise corporate trust powers. (Exhibit 1 to Amendment No. 1 to
Form T-1 filed with Registration Statement No. 33-6215, Exhibits
1a and 1b to Form T-1 filed with Registration Statement No.
33-21672 and Exhibit 1 to Form T-1 filed with Registration
Statement No. 33-29637.)
4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form
T-1 filed with Registration Statement No. 33-31019.)
6. The consent of the Trustee required by Section 321(b) of the Act.
(Exhibit 6 to Form T-1 filed with Registration Statement No.
33-44051.)
7. A copy of the latest report of condition of the Trustee published
pursuant to law or to the requirements of its supervising or
examining authority.
SIGNATURE
Pursuant to the requirements of the Act, the Trustee, The Bank of New
York, a corporation organized and existing under the laws of the State of
New York, has duly caused this statement of eligibility to be signed on its
behalf by the undersigned, thereunto duly authorized, all in The City of
New York, and State of New York, on the 7th day of September, 2000.
THE BANK OF NEW YORK
By: /S/MARY LAGUMINA
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Name: MARY LAGUMINA
Title: VICE PRESIDENT
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EXHIBIT 7
Consolidated Report of Condition of
THE BANK OF NEW YORK
of One Wall Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System, at the close of business December
31, 1999, published in accordance with a call made by the Federal Reserve
Bank of this District pursuant to the provisions of the Federal Reserve
Act.
Dollar Amounts
ASSETS In Thousands
Cash and balances due from depository
institutions:
Noninterest-bearing balances and
currency and coin.................. $3,247,576
Interest-bearing balances........... 6,207,543
Securities:
Held-to-maturity securities......... 827,248
Available-for-sale securities....... 5,092,464
Federal funds sold and Securities
purchased under agreements to resell 5,306,926
Loans and lease financing receivables:
Loans and leases, net of unearned
income...............37,734,000
LESS: Allowance for loan and
lease losses............575,224
LESS: Allocated transfer risk
reserve..................13,278
Loans and leases, net of unearned
income, allowance, and reserve..... 37,145,498
Trading Assets........................ 8,573,870
Premises and fixed assets (including
capitalized leases)................. 723,214
Other real estate owned............... 10,962
Investments in unconsolidated
subsidiaries and associated
companies........................... 215,006
Customers' liability to this bank on
acceptances outstanding............. 682,590
Intangible assets..................... 1,219,736
Other assets.......................... 2,542,157
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Total assets.......................... $71,794,790
LIABILITIES
Deposits:
In domestic offices................. $27,551,017
Noninterest-bearing.......11,354,172
Interest-bearing..........16,196,845
In foreign offices, Edge and
Agreement subsidiaries, and IBFs... 27,950,004
Noninterest-bearing..........639,410
Interest-bearing..........27,310,594
Federal funds purchased and
Securities sold under agreements to
repurchase.......................... 1,349,708
Demand notes issued to the
U.S.Treasury........................ 300,000
Trading liabilities................... 2,339,554
Other borrowed money:
With remaining maturity of one year
or less............................ 638,106
With remaining maturity of more
than one year through three years.. 449
With remaining maturity of more
than three years................... 31,080
Bank's liability on acceptances
executed and outstanding............ 684,185
Subordinated notes and debentures..... 1,552,000
Other liabilities..................... 3,704,252
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Total liabilities..................... 66,100,355
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EQUITY CAPITAL
Common stock.......................... 1,135,284
Surplus............................... 866,947
Undivided profits and capital reserves 3,765,900
Net unrealized holding gains (losses)
on available-for-sale securities.... (44,599)
Cumulative foreign currency
translation adjustments............. (29,097)
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Total equity capital.................. 5,694,435
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Total liabilities and equity capital.. $71,794,790
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I, Thomas J. Mastro, Senior Vice President and Comptroller of the
above-named bank do hereby declare that this Report of Condition has been
prepared in conformance with the instructions issued by the Board of
Governors of the Federal Reserve System and is true to the best of my
knowledge and belief.
Thomas J. Mastro
We, the undersigned directors, attest to the correctness of this
Report of Condition and declare that it has been examined by us and to the
best of our knowledge and belief has been prepared in conformance with the
instructions issued by the Board of Governors of the Federal Reserve System
and is true and correct.
Thomas A. Renyi
Alan R. Griffith Directors
Gerald L. Hassell
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