Elanor Commercial Property Fund Declares Quarterly Distribution, Reaffirms Payout Guidance

MT Newswires Live

2024/10/28

Elanor Commercial Property Fund (ASX:ECF) declared a distribution of AU$0.01875 per security for the first quarter of fiscal 2025, according to an Oct. 25 filing with the Australian bourse.

The payout has a record date of Sept. 30 and will be settled on Nov. 6.

The property investment company also reaffirmed its fiscal 2025 distribution guidance of AU$0.075 per security.

Further, the company is conducting a fully underwritten 1-for-3.5 entitlement offer to raise AU$52 million to fund its participation in the Harris Street Capital Notes issuance and repay debt.

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