SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE
SECURITIES EXCHANGE ACT OF 1934
(Amendment No. ______________)
Filed by the Registrant /X/
Filed by a party other than the Registrant / /
Check the appropriate box:
/ / Preliminary proxy statement
/ / Confidential, for use of the Commission only (as permitted by
Rule 14a-6(e)(2))
/ / Definitive proxy statement
/X/ Definitive additional materials
/ / Soliciting material pursuant to Sec. 240.14a-11(c) or Sec. 240.14a-12
TEMPLETON GLOBAL REAL ESTATE FUND
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(Name of Registrant as Specified in Its Charter)
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(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of filing fee (Check the appropriate box):
/X/ No fee required.
/ / Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.
(1) Title of each class of securities to which transactions applies:
(2) Aggregate number of securities to which transactions applies:
(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing
fee is calculated and state how it was determined):
(4) Proposed maximum aggregate value of transaction:
(5) Total fee paid:
/ / Fee paid previously with preliminary materials.
/ / Check box if any part of the fee is offset as provided by Exchange Act
Rule 0-11(a)(2) and identify the filing for which the offsetting fee
was paid previously. Identify the previous filing by registration
statement number, or the Form or Schedule and the date of its filing.
(1) Amount previously paid:
(2) Form, Schedule or Registration Statement No.:
(3) Filing party:
(4) Date filed:
PAGE
IMPORTANT REMINDER
TEMPLETON GLOBAL REAL ESTATE FUND
500 EAST BROWARD BOULEVARD
FORT LAUDERDALE, FL 33394-3091
SPECIAL SHAREHOLDERS' MEETING TO BE HELD ON SEPTEMBER 16, 1999
Dear Shareholder:
Recently we distributed proxy material regarding the Special Shareholders'
Meeting of Templeton Global Real Estate Fund scheduled to take place on
Thursday, September 16, 1999. Our records indicate that we have not yet received
voting instructions from you. We encourage you to exercise your right to vote.
Please take a few moments to cast your vote. If you do not plan to attend the
Meeting, we need to receive your vote prior to the Meeting in order to properly
tabulate the results for the Meeting scheduled for Thursday, September 16, 1999.
The Meeting has been called in order to consider a plan of reorganization that
provides for the acquisition of the net assets of Templeton Global Real Estate
Fund by Franklin Real Estate Securities Fund, in exchange for shares of Franklin
Real Estate Securities Fund. If shareholders approve the reorganization, you
will receive shares of Franklin Real Estate Securities Fund equal in value to
your investment in Templeton Global Real Estate Fund.
The transaction is being proposed because the projected growth in assets of the
Templeton Global Real Estate Fund was not sufficient to continue to offer a fund
with competitive performance and high quality service to shareholders over the
long term. Templeton Global Real Estate Fund is managed by Templeton Global
Advisors Limited and Franklin Real Estate Securities Fund is managed by Franklin
Advisers, Inc., which is affiliated with Templeton Global Advisors Limited.
Franklin Real Estate Securities Fund is a larger fund and thus should be better
able to obtain certain cost savings for shareholders.
For your convenience, we have established three easy methods by which to
register your vote:
1. BY PHONE: Simply call 1-800-645-3559. Representatives are
available to take your vote Monday through Friday
between 9 a.m. and 11 p.m. and Saturday noon to 6 p.m.
Eastern Time.
2. BY FAX: Complete the enclosed proxy card and fax it toll-free
to 1-800-733-1885, anytime.
3. BY MAIL: Complete the enclosed proxy card and return it in the
enclosed postage-paid envelope. Please utilize this
option only if methods one or two are not available,
since there is no guarantee that your vote will be
received in time for the Meeting.
REMEMBER, YOUR VOTE COUNTS. VOTE TODAY!
Please take the time to vote your shares in order to reduce the need for
additional solicitation efforts or costly meeting adjournments. If you have any
questions regarding the meeting agenda or the execution of your proxy, please
call SHAREHOLDER COMMUNICATIONS at 1-800-645-3559.
Thank you for your prompt attention.