Timbercreek Global Real Estate Fund Announces Fourth Quarter Distribution for 2014

Toronto Stock Exchange: TGF.UN

TORONTO, Dec. 18, 2014 /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, 2015 to holders of Class A Units and Class B Units of record on December 31, 2014.

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 2014 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 2015.

As of December 18, 2014 there were 5,852,374 Class A Units and 788,133 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