Timbercreek Global Real Estate Fund Announces First Quarter Distribution for 2015

Toronto Stock Exchange: TGF.UN

TORONTO, March 20, 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 April 15, 2015 to holders of Class A Units and Class B Units of record on March 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 March 20, 2015 there were 5,771,637 Class A Units and 777,680 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

Timbercreek Asset Management
Carrie Morris
Investor Relations
[email protected]