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Elanor Commercial Property Fund Faces Unsolicited $0.70 Takeover Bid

7:03pm on Thursday 7th of August, 2025 AEST Real Estate
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Elanor Commercial Property Fund Faces Unsolicited $0.70 Takeover Bid

7:03pm on Thursday 7th of August, 2025 AEST
Key Points
  • Unsolicited takeover offer at $0.70 per security from Lederer Group
  • Offer price adjusted for distributions including upcoming 1.875 cent payout
  • Independent Board Committee established to assess the offer
  • Ord Minnett and Arnold Bloch Liebler appointed as advisers
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