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Lanesborough Real Estate Investment Trust V.LRT.UN

Lanesborough Real Estate Investment Trust (The Trust) is a Canada-based closed-end real estate investment trust. The investment properties of the Trust operate through three segments: Fort McMurray Properties, Other Investment Properties, and Held for Sale and/or Sold Properties. Its Fort McMurray Properties include 10 properties. Its Other Investment Properties includes three properties. It’s Held for Sale and/or Sold Properties includes four properties. The Trust's property portfolio consists of 13 rental properties, encompassing 12 multi-unit residential properties, including the unsold condominium units at Lakewood Townhomes.


TSXV:LRT.UN - Post by User

Lanesborough Real Estate Investment Trust > Thoughts
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Comment by Isyckleon Jan 31, 2023 9:24pm
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Post# 35258452

RE:RE:RE:RE:RE:Thoughts

RE:RE:RE:RE:RE:ThoughtsIf you read the companion guide to 61-101, says that in some case the provincial securities administration could receive a formal complaint. Them not having a majority share does not reflect well vs their "doing this in good faith" + no vote + no valuation.

Whatever they say, 61-101 is fully applicable to them, it's in the TSXV 5.9 policies now. But seems we would need to ask TSXV to require a formal valuation from LRT.

theses seem to be our options at this point.
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