Timbercreek Global Real Estate Fund Announces First Quarter Distribution for 2014

Toronto Stock Exchange: TGF.UN

TORONTO, March 21, 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 class B unit of the Fund ("Class B Units") to be paid on April 15, 2014 to holders of Class A Units and Class B Units of record on March 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 March 20, 2014 there were 5,717,614 Class A Units and 819,528 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

CONTACT:
Timbercreek Asset Management
Carrie Morris
Investor Relations
[email protected]