lanesborough real estate-uts
Transactions by LANESBOROUGH REAL ESTATE-UTS (LRT-U) in the last 6 months
Lanesborough REIT (TSX:LRT.UN) agree to sell Colony Square for CAD 70.25 million on September 14, 2015. The purchase price is subject to customary closing adjustments. As per the terms of the deal, CAD 1.5 million will be placed in escrow on closing and will be released monthly to the purchaser. The purchaser will also assume the existing first mortgage loan in the approximate amount of CAD 39.6 million. The sale is expected to result in net cash proceeds to LREIT of ...
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