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Timbercreek Global Real Estate Fund Announces Fourth Quarter Distribution For 2013

Toronto Stock Exchange: TGF.UN

TORONTO, Dec. 18, 2013 /CNW/ - Timbercreek Global Real Estate Fund (the "Fund") is pleased to announce it has declared a quarterly distribution of $0.210 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 March 2013 review, the Fund has determined that it intends to maintain a quarterly distribution of $0.21 per Unit ( $0.84 per annum) until the next annual determination in March 2014.

As of 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

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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