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Why Elanor Commercial Property Fund Urges Rejection of Lederer’s $0.70 Bid
9:25pm on Friday 29th of August, 2025 AEST
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Real Estate
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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
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Elanor Commercial Property Fund (ASX:ECF)
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