Elanor Commercial Property Fund – Panel Receives Application
The Panel has received an application from Elanor Funds Management Limited (EFM) as responsibility entity of Elanor Commercial Property Fund (ECF) in relation to the affairs of ECF.
The applicant is the subject of an off‑market takeover bid by LDR Assets Pty Ltd as trustee for the LDR Assets Trust (Lederer), offering to acquire all the securities of ECF for $0.70 per ECF security (Offer).
The applicant is represented by an independent board committee established in connection with the Offer.