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Lanesborough Real Estate Investment Trust V.LRT.UN

Lanesborough Real Estate Investment Trust is a Canada-based real estate investment trust. The investment properties of the Company are separated into three operating segments: Fort McMurray Properties, Other Investment Properties, and Held for Sale and/or Sold Properties. Fort McMurray Properties includes eight properties. Other Investment Properties include two properties. Held for Sale and/or Sold Properties includes sold properties: five properties. The property portfolio of the Company consists of approximately 11 rental properties, encompassing 10 multi-unit residential properties, including the unsold condominium units at Lakewood Townhome.


TSXV:LRT.UN - Post by User

Post by takinstockon Nov 25, 2009 5:36pm
291 Views
Post# 16524195

Special meeting in December

Special meeting in DecemberI recently received information about the special meeting on December 9th. Have yet to vote. I did read the information, but am not sure I understand it correctly. Has this to do with the end of income trusts as of January 2011? I thought REITs would not be affected. Also, how will this affect the dividend? I couldn't figure out if it will be continued or not.

Could someone please explain what's going on? Thanks.
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