Timbercreek Global Real Estate Fund Announces Third Quarter Distribution for 2013

PR Newswire

Toronto Stock Exchange: TGF.UN

TORONTO, Sept. 19, 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 October 15, 2013 to holders of Class A Units and B Units of record on September 30, 2013.

The Fund does not have a fixed quarterly distribution but annually determines the expected distribution amount in March of each year.  In respect of 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 September 19, 2013 there were 5,965,222 Class A Units and 846,085 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.

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