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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

Comment by estebancaballoon Apr 23, 2014 1:16am
94 Views
Post# 22479871

RE:RE:Sale of assets

RE:RE:Sale of assetsYou are right indeed! Thanks for the post and link! This could be good news for L if they are able to make the sales imho. I guess they will pay of the remaining debentures first. The debt/asset ratio should get down to a more reasonable level. All imho.
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