Elanor Retail Property

Elanor Retail Fund will delist from the ASX in November as the Fund winds up its retail investments.

Elanor are proposing the breakup of the $193m of assets in the listed Elanor Retail Fund and the establishment of two wholesale funds.

Elanor Retail Property Fund announced its financial results for the half year ended 31 December 2021, reporting a drop in earnings per security and a lower NTA

Elanor Retail Fund is continuing its portfolio rationalisation strategy with further asset sales planned for the year ahead.

he Elanor Retail Property Fund has sold Moranbah Fair, a Neighbourhood Shopping Centre 195km south-west of Mackay.

The listed Elanor Retail Fund has managed to withstand most of the COVID impacts on retail with rental collections and occupancy at comparatively high ratios. The non-discretionary nature of the retail assets has supported earnings of the fund.

The Elanor Retail Property Fund has exchanged contracts for the sale of the Auburn Central asset to SCA Property Group for $129.5 million.

Vicinity has disposed of Queanbeyan’s Riverside Plaza from its Enhanced Retail Fund in a sale to Elanor Retail Group for $60m.

Elanor Retail Fund's results for FY20 show that it is at risk of needing additional equity as gearing edges up due to valuation falls forcing the group to cease distributions.

Elanor Retail Property Fund’s has determined to suspend the distribution for the six months to 30 June 2020, given the ongoing challenging economic environment.

Like many retail focused landlords, the Elanor Retail Fund will shortly feel significant impacts from the COVID 19 disruptions.

Elanor delivered 12% growth in earnings and moves to sell off 3 regional malls in search of value add opportunities

Elanor announces looks to sell 3 assets, locks in Aldi to replace BIg W at Auburn and see upside at Tweed Mall

Elanor Retail have completed a Strategic Review of their assets and the outcome is that the group will sell of core assets to focus on value add assets. Elanor will...

Elanor Retail Property Fund announced its annual financial results for the year ended 30 June 2019 with profits and earnings down -12.8% off the back of lower valuation...