Lanesborough Real Estate Investment Trust ("LREIT") (TSXV: LRT.UN) announces today that on June 27, 2024, at the annual general and special meeting (the "Meeting") of holders ("Unitholders") of trust units of LREIT, the special resolution of Unitholders to approve the previously announced proposal to sell eleven properties and a vacant land investment property, representing all or substantially all of the assets of LREIT, to 7254751 Manitoba Ltd. ("725") for aggregate consideration of $41,683,80
Lanesborough Real Estate Investment Trust ("LREIT") (TSXV: LRT.UN) today reported its operating results for the quarter ended March 31, 2024. The following comments in regard to the financial position and operating results of LREIT should be read in conjunction with interim management's discussion & analysis – quarterly highlights and the interim financial statements for the quarter ended March 31, 2024, which may be obtained from the SEDAR+ website at www.sedarplus.ca.
Lanesborough Real Estate Investment Trust ("LREIT") (TSXV: LRT.UN) announces today that it has entered into three asset purchase agreements (the "Agreements") in connection with the sale of eleven properties (the "Rental Properties") and a vacant land investment property located near the corner of Grant Avenue and Kenaston Boulevard in Winnipeg, Manitoba (the "Vacant Property" and together with the Rental Properties, the "Properties"), representing all or substantially all of the assets of LREIT