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Why Elanor Commercial Property Fund Recommends Rejecting Lederer’s Takeover Bid
11:37pm on Friday 29th of August, 2025 AEST
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Real Estate
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Why Elanor Commercial Property Fund Recommends Rejecting Lederer’s Takeover Bid
11:37pm on Friday 29th of August, 2025 AEST
Key Points
Statutory loss of $5.4 million for FY25
Funds from Operations increased 6.9% to $35.4 million
Distributions maintained at 7.5 cents per security with 80% payout ratio
Completed $52 million entitlement offer, increasing Lederer Group stake to 25.8%
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Elanor Commercial Property Fund (ASX:ECF)
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