lanesborough real estate-uts
(LRT-U:Toronto Stock Exchange)
Transactions by LANESBOROUGH REAL ESTATE-UTS (LRT-U) in the last 6 months
Lanesborough REIT (TSX:LRT.UN) agreed to sell 33,936 square foot light industrial property located in Airdrie, Alberta for CAD 4 million on March 2, 2015. Sale price will be satisfied by assuming the existing first mortgage loan in the approximate amount of CAD 1.48 million with remaining CAD 2.52 million to be paid in cash. Transaction is expected to close by May 1, 2015. Lanesborough will use the proceeds of the sale to repay debt.
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