Toronto Stock Exchange: TGF.UN
TORONTO, Dec. 18, 2015 /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 $0.210 per
class B unit of the Fund ("Class B Units") to be paid on January 15,
2016 to holders of Class A Units and Class B Units of record on
December 31, 2015.
In conformity with the March 2015 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 2016.
As of December 18, 2015 there were 6,752,920 Class A Units and 761,414
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
SOURCE Timbercreek Global Real Estate Fund
For further information:
Timbercreek Asset Management