Takeover Completed Hostile
LDR Assets acquisition of Elanor Commercial Property Fund
Announced Aug 2025 · ASX: ECF · A$0.70 cash per share · 5% premium
Advisers
Elanor Commercial Property Fund
Target
- Financial adviser
- Legal adviser
- Independent expert
- Target
- Elanor Commercial Property Fund
- Acquirer
- LDR Assets (Lederer Group)
- Structure
- Off-market takeover
- Completed
- 17 Feb 2026
- Sector
- REITs and property funds
In the league tables
- M&A financial advisers, Calendar 2025 Ord Minnett #25
- M&A financial advisers, completed, 2026 to date Ord Minnett #38
- M&A legal advisers, Calendar 2025 Arnold Bloch Leibler #29 · McCullough Robertson #34
- M&A legal advisers, completed, 2026 to date McCullough Robertson #29 · Arnold Bloch Leibler #62
- Independent experts, Calendar 2025 Kroll #2
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- Warburg Pincus acquisition of Ingenia Communities Group Sep 2026 · REITs and property funds
- Eureka Group Holdings acquisition of NSW Living Portfolio Sep 2026 · A$124m · REITs and property funds
Sources
- 4 Aug 2025 Takeover offer for ECF ASX
- 7 Aug 2025 Unsolicited Off-market Takeover Offer ASX
- 20 Aug 2025 Off-market takeover bid - Bidder's statement ASX
- 26 Sep 2025 Target's Statement ASX
- 17 Feb 2026 Hostile takeover bid and fund management transition mccullough.com.au


