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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AGREE RLTY CORP COM 008492100 BBG001S6RY81 1,071,043 15,100 SH   SOLE   15,100 0 0
AMERICAN HOMES 4 RENT CL A 02665T306 BBG003NXJNJ4 4,927,890 163,500 SH   SOLE   163,500 0 0
BROOKDALE SR LIVING INC COM 112463104 BBG001SDHC58 435,981 159,700 SH   SOLE   159,700 0 0
CROWN CASTLE INC COM 22822V101 BBG001S7W5T3 4,109,892 30,300 SH   SOLE   30,300 0 0
CUBESMART COM 229663109 BBG001SHP0D7 5,550,475 137,900 SH   SOLE   137,900 0 0
EASTGROUP PPTYS INC COM 277276101 BBG001S5QT03 6,470,222 43,700 SH   SOLE   43,700 0 0
EQUINIX INC COM 29444U700 BBG001SKBNS9 14,011,092 21,390 SH   SOLE   21,390 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108 BBG001S5T5G5 9,819,200 152,000 SH   SOLE   152,000 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 BBG001S723L9 12,655,500 214,500 SH   SOLE   214,500 0 0
EXTRA SPACE STORAGE INC COM 30225T102 BBG001SLSXK5 618,156 4,200 SH   SOLE   4,200 0 0
HEALTHPEAK PROPERTIES INC COM 42250P103 BBG001S5RTS2 6,698,704 267,200 SH   SOLE   267,200 0 0
HOST HOTELS & RESORTS INC COM 44107P104 BBG001S5RY83 642,000 40,000 SH   SOLE   40,000 0 0
KIMCO RLTY CORP COM 49446R109 BBG001S70279 2,024,808 95,600 SH   SOLE   95,600 0 0
MID-AMER APT CMNTYS INC COM 59522J103 BBG001S7HZ69 9,639,186 61,400 SH   SOLE   61,400 0 0
PROLOGIS INC. COM 74340W103 BBG001S5NMN6 17,888,222 158,682 SH   SOLE   158,682 0 0
PUBLIC STORAGE COM 74460D109 BBG001S5TH79 14,049,847 50,144 SH   SOLE   50,144 0 0
REGENCY CTRS CORP COM 758849103 BBG001S7H752 4,050,000 64,800 SH   SOLE   64,800 0 0
REXFORD INDL RLTY INC COM 76169C100 BBG004MB82S9 15,621,576 285,900 SH   SOLE   285,900 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104 BBG001SCWNN9 15,585,236 55,600 SH   SOLE   55,600 0 0
SITE CTRS CORP COM 82981J109 BBG001S76RV1 3,092,624 226,400 SH   SOLE   226,400 0 0
SL GREEN RLTY CORP COM 78440X887 BBG001S9Z1V2 721,305 21,391 SH   SOLE   21,391 0 0