BUZZ-Australia's Elanor Commercial Property Fund rises on takeover offer

Reuters

2025/08/04

** Elanor Commercial Property Fund ECF.AX climbs as much as 3.8% to A$0.690, its highest level since June 25

** REIT receives off-market takeover offer from Lederer Group, which currently holds a 27.5% interest in ECF

** Takeover offer of 70 Australian cents per security represents a 5.3% premium to August 1 closing price

** YTD, ECF up 13.1%

(Reporting by Nichiket Sunil in Bengaluru)

((nichiket.sunil@thomsonreuters.com))

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