Last $1.11 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 08/8/14 All times are local (Market data is delayed by at least 15 minutes).

lanesborough real estate-uts (LRTEF) Snapshot

Open
$1.11
Previous Close
$1.11
Day High
$1.11
Day Low
$1.11
52 Week High
04/2/14 - $1.37
52 Week Low
12/17/13 - $0.98
Market Cap
22.3M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
20.1M
EX-Date
09/28/09
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LANESBOROUGH REAL ESTATE-UTS (LRTEF)

Related News

No related news articles were found.

lanesborough real estate-uts (LRTEF) Related Businessweek News

No Related Businessweek News Found

lanesborough real estate-uts (LRTEF) Details

Lanesborough Real Estate Investment Trust operates as an unincorporated closed-end real estate investment trust, which invests in a portfolio of retail, residential, industrial, and office properties in Canada. The portfolio of the trust consisted of 4 commercial properties and 14 multifamily residential projects, as of May 4, 2005. The trust was established in 2002 under the laws of the Province of Manitoba and is headquartered in Winnipeg, Canada.

Founded in 2002

lanesborough real estate-uts (LRTEF) Top Compensated Officers

Founder, Chief Executive Officer and Trustee
Total Annual Compensation: C$500.0K
Chief Financial Officer and Secretary
Total Annual Compensation: C$54.4K
Compensation as of Fiscal Year 2013.

lanesborough real estate-uts (LRTEF) Key Developments

Lanesborough REIT Announces Executive Changes, Effective August 31, 2014

Lanesborough Real Estate Investment Trust announced the appointment of Mr. Gary Benjaminson MBA, CA to the positions of Chief Financial Officer and Secretary of Lanesborough Real Estate Investment Trust (LREIT), replacing Kenneth J Dando CA, effective August 31, 2014. Mr. Benjaminson obtained his designation as a Chartered Accountant with Deloitte & Touche in 1998. Previously, Gary held the position of Senior Manager - Consolidations & Reporting with Bacardi Limited, for a period of 3 years, in Hamilton, Bermuda. Reporting to the Chief Executive Officer, Gary will be responsible for all aspects of the positions of Chief Financial Officer and Secretary. The services of the Chief Financial Officer and Secretary are provided to LREIT pursuant to the Services Agreement between LREIT and Shelter Canadian Properties Limited (Shelter). Ken Dando will continue in senior management with Shelter and be available to assist in the transition to the new Chief Financial Officer and Secretary. Mr. Dando has served in the CFO position since the inception of LREIT in 2002.

Lanesborough REIT Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Lanesborough REIT reported earnings results for the second quarter and six months ended June 30, 2014. The company reported net operating income of $5,924,651, loss and comprehensive loss of $742,668 against net operating income of $6,086,722, income and comprehensive loss of $3,335,654 a year ago. Cash used in operating activities was $260,667, adjusted funds from operations of $959,791 against $213,186 and $872,523 respectively a year ago. Net operating income decreased by $0.16 million, compared to second quarter 2013. Excluding properties sold and Parsons Landing, NOI decreased by $0.42 million of which $0.35 million or 85% was attributable to the Fort McMurray properties. For the six months, the company reported net operating income of $10,428,718, loss and comprehensive loss of $3,146,681 against net operating income of $11,780,290, income and comprehensive loss of $2,523,426 a year ago. Cash from operating activities was $457,974, adjusted funds from operations of $3,067,659 against cash used in operating activities of $89,191 and adjusted funds from operations of $2,427,839 respectively a year ago.

Lanesborough Real Estate Investment Trust Approves Election of Charles Loewen as Trustee

Lanesborough Real Estate Investment Trust approved the election of Charles Loewen as Trustee in the annual and special meeting of unitholders held at its June 26, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
LRTEF:US $1.11 USD 0.00

LRTEF Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for LRTEF.
View Industry Companies
 

Industry Analysis

LRTEF

Industry Average

Valuation LRTEF Industry Range
No financial data is available for LRTEF.
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact LANESBOROUGH REAL ESTATE-UTS, please visit www.lreit.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.