-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KIR2HoAtKvEVMDPHqGe0f6lPxDm2QrLrW675Wqmw8DBcdJ0wl0qAhsNL69XYxpPz 4DH3OgC8NSwJ1bSYSE/69w== 0000853183-96-000016.txt : 19961031 0000853183-96-000016.hdr.sgml : 19961031 ACCESSION NUMBER: 0000853183-96-000016 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 19960831 FILED AS OF DATE: 19961030 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: TEMPLETON REAL ESTATE SECURITIES FUND CENTRAL INDEX KEY: 0000853183 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: MA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-05844 FILM NUMBER: 96649927 BUSINESS ADDRESS: STREET 1: BROWARD FINANCIAL CENTRE STREET 2: 500 EAST BROWARD BLVD CITY: FORT LAUDERDALE STATE: FL ZIP: 33394-3091 BUSINESS PHONE: 3055277500 MAIL ADDRESS: STREET 2: 500 EAST BROWARD BLVD STE 2100 CITY: FORT LAUDERDALE STATE: FL ZIP: 33394-3091 FORMER COMPANY: FORMER CONFORMED NAME: TEMPLETON REAL ESTATE TRUST DATE OF NAME CHANGE: 19900313 NSAR-B 1 N-SAR (3.0) PAGE 1 000 B000000 08/31/96 000 C000000 853183 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 3.0 000 J000000 A 001 A000000 TEMPLETON GLOBAL REAL ESTATE FUND 001 B000000 811-5844 001 C000000 9545277591 002 A000000 500 EAST BROWARD BLVD, SUITE 2100 002 B000000 FORT LAUDERDALE 002 C000000 FL 002 D010000 33394 002 D020000 3091 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 N 007 B000000 0 007 C010100 1 007 C010200 2 007 C010300 3 007 C010400 4 007 C010500 5 007 C010600 6 007 C010700 7 007 C010800 8 007 C010900 9 007 C011000 10 008 A000001 TEMPLETON GLOBAL ADVISORS, LTD. 008 B000001 A 008 C000001 801-42343 008 D010001 LYFORD CAY 008 D050001 BAHAMAS 010 A000001 TEMPLETON GLOBAL INVESTORS, INC. 010 B000001 8-31192 010 C010001 FORT LAUDERDALE 010 C020001 FL 010 C030001 33394 010 C040001 3091 011 A000001 FRANKLIN TEMPLETON DISTRIBUTORS, INC. 011 B000001 8-5889 011 C010001 ST. PETERSBURG 011 C020001 FL 011 C030001 33701 011 C040001 3628 012 A000001 FRANKLIN TEMPLETON INVESTOR SERVICES, INC. PAGE 2 012 B000001 84-00000 012 C010001 ST. 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BAIO JAMES R. BAIO TITLE TREASURER EX-27 2 CLASS I FINANCIAL DATA SCHEDULE
6 THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE TEMPLETON GLOBAL REAL ESTATE FUND AUGUST 31, 1996 ANNUAL REPORT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. 0000853183 TEMPLETON GLOBAL REAL ESTATE FUND 001 TEMPLETON GLOBAL REAL ESTATE FUND YEAR AUG-31-1996 AUG-31-1996 120173305 130526124 1158466 0 0 131684590 39075 0 495831 534906 0 124706952 9132806 9861117 2190285 0 (6100372) 0 10352819 131149684 4876859 566566 0 1958583 3484842 (3766931) 9465131 9183042 0 (3656308) 0 0 1668000 (2640108) 243797 (822955) 2945004 (2292776) 0 0 963473 0 1958583 125200433 13.20 .31 .64 (.37) 0 0 13.78 1.51 0 0

EX-27 3 CLASS II FINANCIAL DATA SCHEDULE
6 THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE TEMPLETON GLOBAL REAL ESTATE FUND AUGUST 31, 1996 ANNUAL REPORT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. 0000853183 TEMPLETON GLOBAL REAL ESTATE FUND 002 TEMPLETON GLOBAL REAL ESTATE FUND YEAR AUG-31-1996 AUG-31-1996 120173305 130526124 1158466 0 0 131684590 39075 0 495831 534906 0 124706952 385866 138496 2190285 0 (6100372) 0 10352819 131149684 4876859 566566 0 1958583 3484842 (3766931) 9465131 9183042 0 (58680) 0 0 282857 (39852) 4365 (822955) 2945004 (2292776) 0 0 963473 0 1958583 3262523 13.17 .33 .52 (.35) 0 0 13.67 2.26 0 0

EX-99 4 AUDITORS LETTER The Board of Trustees and Shareholders Templeton Global Real Estate Fund In planning and performing our audit of the financial statements of Templeton Global Real Estate Fund for the year ended August 31, 1996, we considered its internal control structure, including procedures for safeguarding securities, in order to determine our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, not to provide assurance on the internal control structure. The management of Templeton Global Real Estate Fund is responsible for establishing and maintaining an internal control structure. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of internal control structure policies and procedures. Two of the objectives of an internal control structure are to provide management with reasonable, but not absolute, assurance that assets are safeguarded against loss from unauthorized use or disposition and that transactions are executed in accordance with management's authorization and recorded properly to permit preparation of financial statements in conformity with generally accepted accounting principles. Because of inherent limitations in any internal control structure, errors or irregularities may occur and not be detected. Also, projection of any evaluation of the structure to future periods is subject to the risk that it may become inadequate because of changes in conditions or that the effectiveness of the design and operation may deteriorate. Our consideration of the internal control structure would not necessarily disclose all matters in the internal control structure that might be material weaknesses under standards established by the American Institute of Certified Public Accountants. A material weakness is a condition in which the design or operation of the specific internal control structure elements does not reduce to a relatively low level the risk that errors or irregularities in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. However, we noted no matters involving the internal control structure, including procedures for safeguarding securities, that we consider to be material weaknesses as defined above as of August 31, 1996. This report is intended solely for the information and use of management and the Securities and Exchange Commission. /s/MCGLADREY & PULLEN, LLP McGladrey & Pullen, LLP New York, New York September 27, 1996 ~~-----END PRIVACY-ENHANCED MESSAGE-----~~