TORONTO, ONTARIO--(Marketwired - Sept. 15, 2015) -


Timbercreek Asset Management Ltd. (the "Manager"), on behalf of Timbercreek Global Real Estate Fund (TSX:TGF.UN) (the "Fund"), has filed a preliminary short form prospectus dated September 15, 2015 with Canadian securities regulatory authorities in each of the provinces of Canada with respect to an offering of Class A units of the Fund (the "Units"), and a receipt therefore has been issued. The offering will be co-led by CIBC and Raymond James Ltd.

The Units are expected to be offered at a price of $14.07 per Unit to yield 6.0% on the issue price. The closing price on the Toronto Stock Exchange of the Units on September 14, 2015 was $14.15.

The Fund's investment objectives are to provide holders of Units ("Unitholders") with quarterly distributions currently targeted to be $0.21 per Unit ($0.84 per annum) until the next annual determination in March 2016; and preserve capital while providing the opportunity for long-term capital appreciation for Unitholders.

Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions to the extent they relate to the Fund. The forward-looking statements are not historical facts but reflect the Manager's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Manager believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Manager undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

A preliminary short form prospectus containing important information relating to the Units has been filed with securities commissions or similar authorities in each of the provinces of Canada. The preliminary short form prospectus is still subject to completion or amendment. Copies of the preliminary short form prospectus may be obtained from your registered financial advisor using the contact information for such advisor, or from representatives of the underwriters listed above. There will not be any sale or acceptance of an offer to buy the Units until a receipt for the final short form prospectus has been issued.

A copy of the prospectus has been filed on SEDAR at under the Fund's profile.

All capital terms noted herein but not defined are as per the preliminary short form prospectus dated September 15, 2015.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of the Fund in the United States.

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 Information:

Timbercreek Asset Management
Carrie Morris
Investor Relations