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Why Elanor Commercial Property Fund Is Rejecting Lederer’s $0.70 Takeover Bid
11:36pm on Friday 29th of August, 2025 AEST
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Real Estate
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Why Elanor Commercial Property Fund Is Rejecting Lederer’s $0.70 Takeover Bid
11:36pm on Friday 29th of August, 2025 AEST
Key Points
FY25 portfolio value declined 3.7% to $495.3 million
Gearing reduced to 38.1% after $52.5 million equity raise
Funds From Operations (FFO) exceeded guidance at 9.4 cents per security
High occupancy maintained at 96.3%, WALE shortened to 3.4 years
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