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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 > Someone is buying the unit but why?
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Comment by Cbcdistressedon Feb 21, 2022 9:40pm
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Post# 34448980

RE:RE:RE:RE:RE:RE:RE:Someone is buying the unit but why?

RE:RE:RE:RE:RE:RE:RE:Someone is buying the unit but why? You are right but they won't buy the shares they will simply convert their loan provided earlier into the new units. 33 million gives us 94% of the unit, shelter has provided the reit about 100 million loan so far which will be enough to make a privatization call.
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