Timbercreek Global Real Estate Fund Announces Third Quarter Distribution for 2011

Toronto Stock Exchange: TGF.UN

TORONTO, Sept. 21, 2011 /CNW/ - Timbercreek Global Real Estate Fund (the "Fund") is pleased to announce that its board of directors (the "Board") 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 14, 2011 to holders of Class A Units and B Units of record on September 30, 2011. As of September 21, 2011 there were 1,070,293 Class B Units.

About the Fund

The Fund, an investment fund formed under the laws of the Province of Ontario and managed by Timbercreek Asset Management Ltd. (the "Manager"), was established to invest in a globally diversified portfolio of premier real estate securities (the "Portfolio").  The Portfolio includes common equity, preferred shares and debt of both public and private real estate investment trusts and real estate companies in Canada, United States, United Kingdom, Continental Europe, Japan, Australia, Hong Kong and other countries.

The Manager believes there is a compelling investment opportunity to invest in a globally diversified portfolio of premier real estate securities that exists because the global real estate securities market is inefficient relative to that of the direct real estate or broader equities markets.  Managed by a specialized real estate manager, the Fund's unique investment strategy has been designed to capitalize on these pricing inefficiencies in order to deliver a stable income stream that can be acquired at a price that the Manager believes does not reflect the long-term value of the underlying assets.  Furthermore, Fund Manager believes that the current volatility in global equity markets provides the Fund with the rare opportunity to assemble a global portfolio of prime real estate securities at prices that generate attractive, stable yields with the potential for capital appreciation.

SOURCE Timbercreek Global Real Estate Fund

For further information:

Timbercreek Asset Management
Carrie Morris
Investor Relations
416.306.9967 x250
cmorris@timbercreekfunds.com

Organization Profile

Timbercreek Global Real Estate Fund

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