Timbercreek Global Real Estate Fund Announces Second Quarter Distribution for 2016
/EINPresswire.com/ -- TORONTO, ON--(Marketwired - June 21, 2016) - Timbercreek Global Real Estate Fund (TSX: TGF.UN) (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 July 15, 2016 to holders of Class A Units and Class B Units of record on June 30, 2016.
As of June 21, 2015 there were 6,756,692 Class A Units and 757,914 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.
CONTACT:
Timbercreek Asset Management
Carrie Morris
Investor Relations
cmorris@timbercreek.com
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