Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last C$0.23 CAD
Change Today +0.01 / 4.55%
Volume 1.0K
LRT-U On Other Exchanges
Symbol
Exchange
Toronto
OTC US
As of 12:07 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

lanesborough real estate-uts (LRT-U) Snapshot

Open
C$0.23
Previous Close
C$0.22
Day High
C$0.23
Day Low
C$0.23
52 Week High
09/2/14 - C$1.20
52 Week Low
08/24/15 - C$0.15
Market Cap
4.6M
Average Volume 10 Days
6.8K
EPS TTM
C$-2.70
Shares Outstanding
20.1M
EX-Date
09/28/09
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LANESBOROUGH REAL ESTATE-UTS (LRT-U)

Related News

No related news articles were found.

lanesborough real estate-uts (LRT-U) Related Businessweek News

No Related Businessweek News Found

lanesborough real estate-uts (LRT-U) 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 (LRT-U) Top Compensated Officers

Founder, Chief Executive Officer, President a...
Total Annual Compensation: C$500.0K
Chief Financial Officer, Senior Manager - Cor...
Total Annual Compensation: C$21.4K
Compensation as of Fiscal Year 2014.

lanesborough real estate-uts (LRT-U) Key Developments

Lanesborough REIT Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Lanesborough REIT reported earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported operating results rentals from investment properties of $7,957,771 against $8,731,719 a year ago. Total net operating income was $4,556,944 against $5,924,651 a year ago. Loss and comprehensive loss was $34,820,609 against $742,668 a year ago. Cash provided by operating activities was $511,072 against cash used in operating activities of $260,667 a year ago. Negative funds from operations were $1,564,934 against $58,076 a year ago. Negative adjusted funds from operations were $1,782,376 against $959,791 a year ago. The increase in loss reflects an increase in loss from fair value adjustments of $32.4 million and an unfavourable variance on the sale of investment property of $0.2 million. The decrease in net operating income is mainly attributable to the Fort McMurray portfolio. For the six months, the company reported net operating income of $9,309,926 against $10,428,718 a year ago. Loss and comprehensive loss was $38,632,655 against $3,146,681 a year ago. Cash provided by operating activities was $218,934 against of $457,974 a year ago. Negative funds from operations were $3,480,158 against $2,533,324 a year ago. Negative adjusted funds from operations were $3,392,970 against $3,067,659 a year ago.

Lanesborough REIT Reports Earnings Results for the First Quarter Ended March 31, 2015

Lanesborough REIT reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported operating results rentals from investment properties of $8,731,719 against $8,908,725 a year ago. Net operating income was $4,752,982 against $4,504,067 a year ago. Loss and comprehensive loss was $3,812,046 against $2,404,013 a year ago. Cash used in operating activities was $292,138 against cash provided by operating activities $718,641 a year ago. Negative funds from operations were $1,915,224 against $2,475,248 a year ago. Negative adjusted funds from operations were $1,610,594 against $2,107,868 a year ago.

Lanesborough REIT, Annual General Meeting, Jun 25, 2015

Lanesborough REIT, Annual General Meeting, Jun 25, 2015., at 11:00 Central Daylight. Location: The Boardroom at the offices of Shelter Canadian Properties Limited. Agenda: To receive the audited financial statements of the trust for the year ended December 31, 2014, together with the auditors' report thereon; to consider and, if deemed advisable, to pass, a resolution to fix the number of trustees of the trust for the ensuing year at four and to elect the three persons identified in the accompanying management information circular dated May 18, 2015 to serve (together with Arni C. Thorsteinson who was separately appointed as a Trustee pursuant to an agreement between the Trust and Shelter) as Trustees for the ensuing year; to appoint the auditor of the trust for the ensuing year and to authorize the Trustees to fix the remuneration of the auditor; to approve the consideration payable pursuant to the new credit facility of the Trust with 2668921 Manitoba Ltd.; and to transact such other or further business as may properly come before the meeting or any other adjournment thereof.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
LRT-U:CN C$0.23 CAD +0.01

LRT-U Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for LRT-U.
View Industry Companies
 

Industry Analysis

LRT-U

Industry Average

Valuation LRT-U Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x Not meaningful
Price/Book 0.1x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

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.