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How Will Elanor’s $125M Rockworth Deal Shape Its Future Amid Takeover Fight?
9:03am on Monday 1st of September, 2025 AEST
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Real Estate
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How Will Elanor’s $125M Rockworth Deal Shape Its Future Amid Takeover Fight?
9:03am on Monday 1st of September, 2025 AEST
Key Points
Rockworth commits $125 million investment and Firmus acquisition pending approvals
Elanor Commercial Property Fund takeover offer unanimously rejected by independent board
FY24 core earnings of $12.8 million with distributions of 4.9 cents per security
Asset realisation program underway to reduce gearing from 66.9%
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