ENN elanor investors group

News: ENN Elanor Investors Completes Institutional Bookbuild For Property Fund

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    Nov 6 (Reuters) - Elanor Investors Group (ENN) :

    • COMPLETED INSTITUTIONAL BOOKBUILD FOR ELANOR COMMERCIAL PROPERTY FUND
    • OFFER IS FULLY UNDERWRITTEN BY MOELIS AUSTRALIA, ORD MINNETT AND SHAW AND PARTNERS AND IS SEEKING TO RAISE OVER $173 MILLION
    • FUND WILL OFFER INVESTORS A FORECAST ANNUALISED DISTRIBUTION YIELD OF 7.2% FOR PERIOD FROM IPO COMPLETION TO 30 JUNE 2020
 
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