Timbercreek Global Real Estate Fund Announces Fourth Quarter Distribution for 2012
Toronto Stock Exchange: TGF.UN
TORONTO, Dec. 18, 2012 /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 January 15, 2013 to holders of Class A Units and B Units of record on December 31, 2012.
As of December 18, 2012 there were 7,031,089 Class A Units and 1,025,494 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 (currently targeted at $0.84/unit/year) 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
416.306.9967 x250
[email protected]
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