Elanor Commercial Property Fund – Panel Declines to Conduct Proceedings
The Panel has declined to conduct proceedings on an application dated 2 September 2025 from Elanor Funds Management Limited (EFM) as responsible entity of Elanor Commercial Property Fund (ECF) in relation to the affairs of ECF.
ECF is subject to an off-market takeover bid by LDR Assets Pty Ltd as trustee for the LDR Assets Trust (Lederer).
In its application, EFM submitted (among other things) that the bidder’s statement lodged by Lederer on 20 August 2025 contained material information deficiencies.