Brief: Elanor Commercial Property Fund Expects FY22 Guidance Of 9.4 Australian CPS

LDR Capital Property Fund I

02/08/2021 24:18

Aug 2 (Reuters) - Elanor Commercial Property Fund  ECF.AX :
    * FY22 GUIDANCE OF 9.4 AUSTRALIAN CPS 
    * ENTERED INTO AN AGREEMENT TO ACQUIRE CAVILL AVENUE FOR A
PURCHASE PRICE OF A$113.5 MILLION
    * UNDERTAKING A FULLY UNDERWRITTEN A$84.7 MILLION EQUITY
RAISING
AT AN ISSUE PRICE OF A$1.10 PER SECURITY
    * AGREED TERMS IN RESPECT OF A NEW A$39.7 MILLION DEBT
FACILITY TO
PARTIALLY FUND ACQUISITION

Further company coverage:  ECF.AX 

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