The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AMC ENTMT HLDGS INC CL A NEW 00165C302   1,657,508 332,833 SH   SOLE   332,833 0 0
AMERICAN HOMES 4 RENT CL A 02665T306   35,214,488 947,645 SH   SOLE   947,645 0 0
AMERICAN TOWER CORP NEW COM 03027X100   19,438,000 100,000 SH Call SOLE   100,000 0 0
AMERICAN TOWER CORP NEW COM 03027X100   34,004,837 174,940 SH   SOLE   174,940 0 0
AMERICOLD REALTY TRUST INC COM 03064D108   37,670,070 1,474,944 SH   SOLE   1,474,944 0 0
BOSTON PROPERTIES INC COM 101121101   25,594,740 415,769 SH   SOLE   415,769 0 0
BRIXMOR PPTY GROUP INC COM 11120U105   13,266,867 574,572 SH   SOLE   574,572 0 0
BROOKDALE SR LIVING INC COM 112463104   21,239,736 3,109,771 SH   SOLE   3,109,771 0 0
COPT DEFENSE PROPERTIES SHS BEN INT 22002T108   14,820,188 592,097 SH   SOLE   592,097 0 0
COUSINS PPTYS INC COM NEW 222795502   22,743,694 982,449 SH   SOLE   982,449 0 0
DIGITAL RLTY TR INC COM 253868103   61,330,736 403,359 SH   SOLE   403,359 0 0
EASTGROUP PPTYS INC COM 277276101   45,867,975 269,653 SH   SOLE   269,653 0 0
EMPIRE ST RLTY TR INC CL A 292104106   11,659,865 1,243,056 SH   SOLE   1,243,056 0 0
EQUINIX INC COM 29444U700   4,559,272 6,026 SH   SOLE   6,026 0 0
EXTRA SPACE STORAGE INC COM 30225T102   10,779,393 69,361 SH   SOLE   69,361 0 0
FEDERAL RLTY INVT TR NEW SH BEN INT NEW 313745101   36,769,437 364,162 SH   SOLE   364,162 0 0
HEALTHCARE RLTY TR CL A COM 42226K105   30,546,389 1,853,543 SH   SOLE   1,853,543 0 0
HEALTHPEAK PROPERTIES INC COM 42250P103   22,683,198 1,157,306 SH   SOLE   1,157,306 0 0
INDEPENDENCE RLTY TR INC COM 45378A106   42,302,570 2,257,341 SH   SOLE   2,257,341 0 0
IRON MTN INC DEL COM 46284V101   39,229,631 437,733 SH   SOLE   437,733 0 0
ISHARES TR U.S. REAL ES ETF 464287739   52,644,000 600,000 SH Call SOLE   600,000 0 0
OMEGA HEALTHCARE INVS INC COM 681936100   28,300,570 826,294 SH   SOLE   826,294 0 0
PARK HOTELS & RESORTS INC COM 700517105   8,419,884 562,075 SH   SOLE   562,075 0 0
PROLOGIS INC. COM 74340W103   15,719,806 139,968 SH   SOLE   139,968 0 0
SITE CTRS CORP COM 82981J109   16,857,729 1,162,602 SH   SOLE   1,162,602 0 0
STAG INDL INC COM 85254J102   44,614,225 1,237,222 SH   SOLE   1,237,222 0 0
TANGER INC COM 875465106   29,498,527 1,088,105 SH   SOLE   1,088,105 0 0
UDR INC COM 902653104   46,242,518 1,123,755 SH   SOLE   1,123,755 0 0
VENTAS INC COM 92276F100   38,491,647 750,910 SH   SOLE   750,910 0 0
VESTA REAL ESTATE CORP ADS 92540K109   13,101,311 436,856 SH   SOLE   436,856 0 0
WP CAREY INC COM 92936U109   25,542,044 463,979 SH   SOLE   463,979 0 0