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.

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Lanesborough Real Estate Investment Trust

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Comment by takinstockon Nov 26, 2009 6:06pm

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Post# 16528126

RE: RE: Special meeting in December

Thanks anpanman, but I'm still a little confused by the new section 9.3. To me it's not clear whether or not the distribution will continue. "The Trustees may distribute..." and then "...as the Trustees determine in their discretion from time to time." It's the "may" and "their discretion" parts that make me wonder about the continuation and indeed the regularity of any distribution.

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Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload