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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

Lanesborough Real Estate Investment Trust
Bullboard Posts
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Comment by YieldChaseron Apr 21, 2015 8:25pm
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Post# 23650794

RE:Debt being paid down

RE:Debt being paid down
With negative income from excessive debt do not expect any distributions, nor any cash as liabilities likely exceed property values.

Where would the distributions come from ?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities