Lanesborough REIT | REIT Profile

Symbol: LRT.UN
Exchange: TSX
Founded: 2002 (23 years)
HQ: Winnipeg, MB, Canada
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Residential, Diversified

See LRT.UN on Yahoo Finance

Lanesborough Real Estate Investment Trust ("REIT") is an unincorporated closed-end real estate investment trust created to invest primarily in a portfolio of retail, residential, industrial and office properties located across Canada. The focus of LREIT is to invest in quality properties with strong tenants in markets across Canada to produce a geographically diversified portfolio with strong cash flows which, when combined with experienced management, will provide future ongoing cash flow and value growth opportunities for Unitholders. LREIT commenced trading on the Toronto Stock Exchange on October 30, 2006, following a four year listing on the TSX Venture Exchange. The first property acquisition of LREIT is an office/retail development in Winnipeg, Manitoba, known as the "Kenaston Property".