| Lanesborough Real Estate Investment Trust |  | LREIT was established in 2002. Contrary to its name, Lanesborough REIT (LREIT) doesn't invest in lanes and boroughs. Instead, the real estate investment trust invests in primarily residential properties and other real estate in Canada. It owns some 25 apartment buildings and a handful of commercial and senior housing properties. Many of its residential assets are located in Fort McMurray, Alberta, a boomtown gateway to one of the world's largest proven oil reserves. The REIT hasn't been immune to the effects of the overall real estate decline, though. In 2009 it sold more than a dozen properties to raise funds for debt repayments and to shore up working capital. | | Visit Website | | Office Address | 2600, 7 Evergreen Place,
Winnipeg, Manitoba, R3L2T3 Canada | | Phone | (204) 475-9090 | | Fax | (204) 452-5505 | | Send Enquiry
| | Executives | Charles B. Loewen, Chairman | | Arni C. Thorsteinson, CEO |
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