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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 sellpubson May 03, 2010 1:58pm
341 Views
Post# 17056960

LRT

LRTDoes anyone know if management is intending to implement a cash distribution again once the economy stabalizes? Just started following this one recently, but my understanding is that the typical REIT is in the business of paying out distributions. I know this one was halted last year due to the economy. So are we waiting for business to return to normal?

I'm in the process of contacting management right now but if anyone has details please let me know.
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