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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 > Asset stripping at its finest..
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Post by quicksilver545on Oct 26, 2023 9:48pm
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Post# 35703396

Asset stripping at its finest..

Asset stripping at its finest..Another sale of properties with no recognizable benefit to unitholders, isn't voted on by unitholders, and is somehow removed from any kind of regulation because they no longer trade on a recognizable exchange.

Do we have any recourse? Or just watch all our value being stripped away?
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Dealroom for high-potential pre-IPO opportunities