UPDATED: Heavily indebted Lanesborough REIT (LRT.UN-V) intends to sell its property assets to a company connected to its vice chairman for $41M and cease operations. In its Q1 2024 financials released Thursday, LREIT reports a $2.3-million loss.
Globe Capital Management is taking advantage of something of a lull in acquisitions by public and institutional multiresidential owners to grow its own portfolio. The Winnipeg-based firm is also actively developing properties, looking for building sites, and consolidating ownership.
Industry Events
Metro Toronto Convention Centre, South Building
Metro Toronto Convention Centre, South Building
Palais des congrès de Montréal
Metro Toronto Convention Centre, North Building
Palais des Festivals, Cannes, France
Follow RENX on your favorite social media platform for news delivered to your feed.
Sign up to the RENX email newsletter to receive daily industry news, breaking news and RENX updates.
You may withdraw your consent to receive any of our communication at any time. You understand that your information will be used in accordance with our Privacy Policy.
Locations
Locations
