middle.news

Why Elanor Commercial Property Fund Urges Rejection of Lederer’s $0.70 Bid

9:25pm on Friday 29th of August, 2025 AEST Real Estate
Read Story

Why Elanor Commercial Property Fund Urges Rejection of Lederer’s $0.70 Bid

9:25pm on Friday 29th of August, 2025 AEST
Key Points
  • Independent Board Committee unanimously recommends rejection
  • Offer price deemed opportunistic and undervalues ECF
  • Minimal premium of 5.3% over last traded price
  • No appropriate control premium included in the offer
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Elanor Commercial Property Fund (ASX:ECF)
OPEN ARTICLE