Elanor Commercial Property Fund (ECF)

Acquisition of 50 Cavill Ave, Surfers Paradise

Elanor Commercial Property Fund (ASX: ECF) is looking to acquire 50 Cavill Avenue, Surfers Paradise QLD for $113.5M.

ECF has also updated FY21 and FY22 guidance for earnings and distributions.

A distribution yield of 8.5% is targeted for FY22.

Download our report for the full details.

Published - 3/08/2021

Core Property Rating - BUY

Target - $1.33

This publication is not and should not be construed as, personal financial product advice, an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Any opinion contained in the Report is unsolicited general information (general financial product advice) only. Read more here.