Elanor Commercial Property Fund (ASX:ECF) has appointed Evolution Trustees as the new responsible entity for Elanor Commercial Property Fund I and Elanor Commercial Property Fund II, following the removal of Elanor Funds Management, according to a Wednesday Australian bourse filing.
The resolution was approved at a general meeting held on Jan. 30, per the filing.
The Australian Securities and Investments Commission recorded the change on Wednesday, and it is now officially in effect, the filing added.
The company's shares fell 2% in recent Wednesday trade.