WINNIPEG, May 3, 2016 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) announced today that it has completed the sale of the following two properties, with an effective date of May 1, 2016: Willowdale Gardens, an 88-suite apartment property located in Brandon, Manitoba, was sold for $9 million. The sale resulted in net… [Read More]

WINNIPEG, March 10, 2016 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) today reported its operating results for the year ended December 31, 2015. The following comments in regard to the financial position and operating results of LREIT should be read in conjunction with Management’s Discussion & Analysis and the financial statements for the… [Read More]

WINNIPEG, Dec. 15, 2015 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) announced today that a special “non-cash” distribution in the estimated amount of $8.8 million (approximately $0.43452 per trust unit based on the number of trust units outstanding as of the date of this press release) has been declared payable on December 31,… [Read More]

WINNIPEG, Nov.10, 2015 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) today reported its operating results for the quarter ended September 30, 2015. The following comments in regard to the financial position and operating results of LREIT should be read in conjunction with Management’s Discussion & Analysis and the financial statements for the quarter… [Read More]

WINNIPEG, Nov. 2, 2015 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) announced today that it has completed the previously announced sale of Colony Square in downtown Winnipeg, MB for $70.25 million, subject to customary closing adjustments. The three tower complex, consisting of 428 apartment suites, approximately 83,300 square feet of commercial space and… [Read More]

WINNIPEG, Sept. 14, 2015 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) announced today that it has agreed to sell Colony Square in downtown Winnipeg, MB for $70.25 million, subject to customary closing adjustments. The three tower complex, consisting of 428 apartment suites, approximately 83,300 square feet of commercial space and a 270-stall underground… [Read More]

WINNIPEG, June 26, 2015 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT“) (TSX: LRT.UN) today announced that is has received approval from the Toronto Stock Exchange (“TSX“) with respect to a normal course issuer bid (the “NCIB“) to purchase up to 10% of the public float of its 9.50% Series G redeemable subordinated secured debentures (“Series… [Read More]

WINNIPEG, June 25, 2015 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT“) (TSX: LRT.UN) announced today the results of the votes held at its June 25, 2015 annual and special meeting of unitholders (the “Meeting”). The total number of trust units represented by unitholders present in person or by proxy at the Meeting was 6,142,483, representing… [Read More]

WINNIPEG, May 12, 2015 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT”) (TSX: LRT.UN) today reported its operating results for the quarter ended March 31, 2015. The following comments in regard to the financial position and operating results of LREIT should be read in conjunction with Management’s Discussion & Analysis and the financial statements for the quarter… [Read More]