Toronto Stock Exchange: TGF.UN
Dec. 18, 2013
/CNW/ - Timbercreek Global Real Estate Fund (the "Fund") is pleased to announce it has declared a quarterly distribution of
per class A unit of the Fund ("Class A Units") and class B unit of the Fund ("Class B Units") to be paid on
January 15, 2014
to holders of Class A Units and B Units of record on
December 31, 2013
The Fund does not have a fixed quarterly distribution but annually determines the expected distribution amount in March of each year. In conformity with the
review, the Fund has determined that it intends to maintain a quarterly distribution of
per Unit (
per annum) until the next annual determination in
December 13, 2013
there were 5,966,278 Class A Units and 841,585 Class B Units outstanding.
About the Fund
The Fund invests in a diversified portfolio of prime real estate asset securities including common equity, preferred shares and debt of both private and public real estate investment trusts and real estate companies around the world. The Fund's investment objectives are to generate stable cash flow to provide distributions to unitholders and preserve capital while providing the opportunity for long-term capital appreciation.
SOURCE Timbercreek Global Real Estate Fund