Lanesborough Real Estate Investment Trust is a closed-end real estate trust. The Company's core business activities include acquisition, development, financing, management and divestiture activities pertaining to real estate properties in Canada with a focus on multi-unit residential properties. The Company's primary objective is to maximize the income-producing potential and market value of its real estate portfolio. It operates through three segments: Fort McMurray Properties, including over 10 multi-residential buildings in the Fort McMurray property portfolio; Other Investment Properties, including approximately three other investment properties consisting of two multi-unit residential rental properties located in Alberta and one in Manitoba, and Held for Sale and/or Sold Properties, including approximately four properties. The real estate portfolio consists of approximately 20 multi-unit residential properties. Its real estate portfolio is focused in Fort McMurray, Alberta.