Timbercreek

logo - Timbercreek
Image of buildings

Timbercreek U.S. REIT Preferred Fund

Manager Commentary



The Timbercreek U.S. REIT Preferred Fund is pleased to provide you with a quarterly update which highlights the Fund's performance, portfolio changes and includes a quarterly market commentary from the Portfolio Manager.

First Quarter 2019 Highlights

  • The Fund generated a +13.3% total return on a net basis during the first quarter.
  • Equity Markets rebounded and recouped most of the losses suffered in the final three months of 2018.
  • U.S. REITs performed well in the quarter, generating a +16.3% total return (USD) 1, outpacing the S&P 500 Index up 13.7% (USD). 
  • During the quarter, we added one position in the data center sector. Based on fundamentals and increasing demand we have a positive outlook of the sector.

1MSCI US REIT Index

For further commentary, please click on the link below.

Quarterly Manager Commentary 





Global Real Estate Securities investments are managed by Timbercreek Investment Management Inc.