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Why Elanor Commercial Property Fund Urges Securityholders to Reject Takeover Bid

9:44am on Friday 19th of September, 2025 AEST Real Estate
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Why Elanor Commercial Property Fund Urges Securityholders to Reject Takeover Bid

9:44am on Friday 19th of September, 2025 AEST
Key Points
  • Q1FY26 distribution forecast at 1.625 cents per security
  • FY26 distribution guidance maintained at 6.5 cents per security
  • Debt facilities extended to November 2027 with 77% hedged at ~4.25% cost
  • Independent Board Committee recommends rejecting Lederer Group takeover offer
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