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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

Comment by BobTheKnob2on Jan 31, 2023 11:52pm
82 Views
Post# 35258624

RE:RE:RE:RE:RE:RE:RE:Thoughts

RE:RE:RE:RE:RE:RE:RE:Thoughts

quicksilver545 wrote: Yea and I suspect they rigged the debentureholder vote. All the delays and never announcing the results was all very sketchy. 

I don't know if there will be anything left after they get all their money back. Shame on them. 


100% They are just ging to bend us unit holders (that used to be debtentureholders) over the bench and have their way with us. No regard. None whatsoever.

See this lovely quote from the news release. They don't care, they will take what they want and leave us with the cr ap.

I am so voting against every single nominee and every single proposal that they put forward to the next AGM.

725 is a company controlled by an insider of LREIT. Accordingly, the Transaction is a "Related Party Transaction" under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101").

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