Elanor Commercial Property Fund hits 1-month high on robust outlook

LDR Capital Property Fund I

19/12/2022 04:02

** Shares of Australia's Elanor Commercial Property Fund
 ECF.AX  climb as much as 1.8% to A$0.968, their highest since
Nov. 15 
    ** Co sees second-quarter FY 2023 distribution of 2.35 AU
cents per security  urn:newsml:reuters.com:*:nFWN33800C
    ** Reaffirms FY23 funds from operation guidance of 11.0 AU
cents per security 
    ** Also keeps distribution guidance of 9.4 AU cents per
security for FY23   
    ** Shares on track for their biggest intraday pct gain since
Nov. 25 
    ** Stock down 13.2% this year, as of last close, vs a 3.97%
fall in benchmark S&P/ASX 200 index  .AXJO  
 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))