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
Estimated average burden
hours per response: 23.8
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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
21VIANET GROUP INC SPONSORED ADS A 90138A103 2,603 310,000 SH Call DFND 2 310,000 0 0
21VIANET GROUP INC SPONSORED ADS A 90138A103 18,176 1,050,000 SH   DFND 1 1,050,000 0 0
ALBERTSONS COS INC COMMON STOCK 013091103 542,470 17,425,946 SH   DFND 3 17,425,946 0 0
ALEXANDER & BALDWIN INC NEW COM 014491104 5,251 224,000 SH   DFND 2 224,000 0 0
ALEXANDER & BALDWIN INC NEW COM 014491104 4,149 177,000 SH   DFND 3 177,000 0 0
ALEXANDERS INC COM 014752109 1,668 6,400 SH   DFND 2 6,400 0 0
ALEXANDERS INC COM 014752109 2,815 10,800 SH   DFND 3 10,800 0 0
AMDOCS LTD SHS G02602103 3,409 45,031 SH   DFND 2 45,031 0 0
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 6,025 341,000 SH   DFND 2 341,000 0 0
AMERICAN TOWER CORP NEW COM 03027X100 53,082 200,000 SH   DFND 1 200,000 0 0
AMERICAN TOWER CORP NEW COM 03027X100 8,348 31,450 SH   DFND 2 31,450 0 0
AMERICAN TOWER CORP NEW COM 03027X100 6,237 23,500 SH   DFND 3 23,500 0 0
APOLLO COML REAL EST FIN INC COM 03762U105 375 25,300 SH Put DFND 2 25,300 0 0
APOLLO INVT CORP COM NEW 03761U502 1,751 135,000 SH Put DFND 2 135,000 0 0
ARES CAPITAL CORP COM 04010L103 2,924 143,800 SH Put DFND 2 143,800 0 0
ARISTA NETWORKS INC COM 040413106 1,496 4,354 SH   DFND 2 4,354 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 1,213 40,000 SH Put DFND 2 40,000 0 0
BROADCOM INC COM 11135F101 2,037 4,200 SH   DFND 2 4,200 0 0
CIENA CORP COM NEW 171779309 1,684 32,800 SH   DFND 2 32,800 0 0
CORESITE RLTY CORP COM 21870Q105 1,032 7,450 SH   DFND 3 7,450 0 0
CORESITE RLTY CORP COM 21870Q105 2,916 21,050 SH   DFND 2 21,050 0 0
CORESITE RLTY CORP COM 21870Q105 15,461 111,600 SH   DFND 1 111,600 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 10,919 63,000 SH   DFND 2 63,000 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 10,399 60,000 SH   DFND 3 60,000 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 69,328 400,000 SH   DFND 1 400,000 0 0
CYRUSONE INC COM 23283R100 1,626 21,008 SH   DFND 2 21,008 0 0
DISH NETWORK CORPORATION CL A 25470M109 757 17,419 SH   DFND 2 17,419 0 0
DISNEY WALT CO COM 254687106 1,523 9,000 SH   DFND 2 9,000 0 0
DYCOM INDS INC COM 267475101 1,496 21,000 SH   DFND 2 21,000 0 0
EQUINIX INC COM 29444U700 7,190 9,100 SH   DFND 2 9,100 0 0
EQUINIX INC COM 29444U700 5,926 7,500 SH   DFND 3 7,500 0 0
EQUINIX INC COM 29444U700 51,358 65,000 SH   DFND 1 65,000 0 0
EQUITY COMWLTH COM SH BEN INT 294628102 1,338 51,500 SH   DFND 3 51,500 0 0
EQUITY COMWLTH COM SH BEN INT 294628102 1,780 68,500 SH   DFND 2 68,500 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108 4,921 63,000 SH   DFND 2 63,000 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108 4,842 62,000 SH   DFND 3 62,000 0 0
ERICSSON ADR B SEK 10 294821608 2,166 193,384 SH   DFND 2 193,384 0 0
EXPEDIA GROUP INC COM NEW 30212P303 4,622 28,200 SH   DFND 2 28,200 0 0
FS KKR CAP CORP COM 302635206 1,653 75,000 SH Put DFND 2 75,000 0 0
GDS HLDGS LTD SPONSORED ADS 36165L108 5,661 100,000 SH   DFND 1 100,000 0 0
GDS HLDGS LTD SPONSORED ADS 36165L108 1,090 19,250 SH   DFND 2 19,250 0 0
GRANITE PT MTG TR INC NOTE 6.375%10/0 38741LAC1 1,010 1,000,000 PRN   DFND 3 1,000,000 0 0
HERCULES CAPITAL INC COM 427096508 498 30,000 SH Put DFND 2 30,000 0 0
INDUS REALTY TRUST INC COM 45580R103 8,426 120,200 SH   DFND 2 120,200 0 0
INDUS REALTY TRUST INC COM 45580R103 9,457 134,902 SH   DFND 3 134,902 0 0
LAMAR ADVERTISING CO NEW CL A 512816109 2,780 24,500 SH   DFND 2 24,500 0 0
LAMAR ADVERTISING CO NEW CL A 512816109 1,985 17,500 SH   DFND 3 17,500 0 0
LEXINGTON REALTY TRUST COM 529043101 1,766 138,500 SH   DFND 2 138,500 0 0
LEXINGTON REALTY TRUST COM 529043101 1,256 98,500 SH   DFND 3 98,500 0 0
LIBERTY LATIN AMERICA LTD COM CL C G9001E128 1,443 110,000 SH   DFND 2 110,000 0 0
MAIN STR CAP CORP COM 56035L104 2,149 52,300 SH Put DFND 2 52,300 0 0
MGM GROWTH PPTYS LLC CL A COM 55303A105 12,294 321,000 SH   DFND 2 321,000 0 0
MGM GROWTH PPTYS LLC CL A COM 55303A105 11,682 305,000 SH   DFND 3 305,000 0 0
NETFLIX INC COM 64110L106 1,953 3,200 SH   DFND 2 3,200 0 0
PARK HOTELS & RESORTS INC COM 700517105 2,891 151,000 SH   DFND 2 151,000 0 0
PARK HOTELS & RESORTS INC COM 700517105 2,546 133,000 SH   DFND 3 133,000 0 0
PROLOGIS INC. COM 74340W103 3,073 24,500 SH   DFND 2 24,500 0 0
PROLOGIS INC. COM 74340W103 4,127 32,900 SH   DFND 3 32,900 0 0
REXFORD INDL RLTY INC COM 76169C100 2,299 40,500 SH   DFND 2 40,500 0 0
REXFORD INDL RLTY INC COM 76169C100 1,703 30,000 SH   DFND 3 30,000 0 0
STARWOOD PPTY TR INC COM 85571B105 205 8,400 SH Put DFND 2 8,400 0 0
STARWOOD WAYPOINT HOMES NOTE 3.500% 1/1 19625XAB8 4,046 2,400,000 PRN   DFND 3 2,400,000 0 0
SUN CMNTYS INC COM 866674104 2,036 11,000 SH   DFND 3 11,000 0 0
SUNSTONE HOTEL INVS INC NEW COM 867892101 2,209 185,000 SH   DFND 3 185,000 0 0
SUNSTONE HOTEL INVS INC NEW COM 867892101 1,492 125,000 SH   DFND 2 125,000 0 0
SWITCH INC CL A 87105L104 54,589 2,150,000 SH   DFND 1 2,150,000 0 0
SWITCH INC CL A 87105L104 9,395 370,000 SH   DFND 2 370,000 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106 245 15,000 SH Call DFND 2 15,000 0 0
TERRENO RLTY CORP COM 88146M101 6,706 106,047 SH   DFND 2 106,047 0 0
TERRENO RLTY CORP COM 88146M101 5,501 87,000 SH   DFND 3 87,000 0 0
T-MOBILE US INC COM 872590104 947 7,416 SH   DFND 2 7,416 0 0
TPG RE FIN TR INC COM 87266M107 2,419 195,459 SH   DFND 2 195,459 0 0
TPG RE FIN TR INC COM 87266M107 2,724 220,000 SH   DFND 3 220,000 0 0
UNITI GROUP INC COM 91325V108 6,853 554,000 SH   DFND 1 554,000 0 0
UNITI GROUP INC COM 91325V108 1,594 128,900 SH   DFND 2 128,900 0 0
UNITI GROUP INC COM 91325V108 445 36,000 SH   DFND 3 36,000 0 0
URSTADT BIDDLE PPTYS INC CL A 917286205 1,920 101,450 SH   DFND 2 101,450 0 0
URSTADT BIDDLE PPTYS INC CL A 917286205 1,508 79,667 SH   DFND 3 79,667 0 0
VIACOMCBS INC CL B 92556H206 790 20,000 SH   DFND 2 20,000 0 0
VIAVI SOLUTIONS INC COM 925550105 1,504 95,577 SH   DFND 2 95,577 0 0
VICI PPTYS INC COM 925652109 284 10,000 SH   DFND 2 10,000 0 0
VICI PPTYS INC COM 925652109 6,251 220,000 SH Call DFND 2 220,000 0 0
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308 6,180 400,000 SH   DFND 2 400,000 0 0
WP CAREY INC COM 92936U109 1,023 14,000 SH   DFND 3 14,000 0 0
WP CAREY INC COM 92936U109 688 9,424 SH   DFND 2 9,424 0 0