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
Alexandria Real Estate Equities Inc COMMON STOCK 015271109   3,249 25,200 SH   SOLE 0 0 0 25,200
American Homes 4 Rent COMMON STOCK 02665T306   1,876 51,000 SH   SOLE 0 0 0 51,000
Apartment Income REIT Corp COMMON STOCK 03750L109   2,043 62,922 SH   SOLE 0 0 0 62,922
Apple Hospitality REIT Inc COMMON STOCK 03784Y200   819 50,000 SH   SOLE 0 0 0 50,000
AvalonBay Communities Inc COMMON STOCK 053484101   4,977 26,820 SH   SOLE 0 0 0 26,820
Boston Properties Inc COMMON STOCK 101121101   896 13,717 SH   SOLE 0 0 0 13,717
Brandywine Realty Trust COMMON STOCK 105368203   823 171,400 SH   SOLE 0 0 0 171,400
Brixmor Property Group Inc COMMON STOCK 11120U105   2,744 117,000 SH   SOLE 0 0 0 117,000
Broadstone Net Lease Inc COMMON STOCK 11135E203   2,398 153,000 SH   SOLE 0 0 0 153,000
Camden Property Trust COMMON STOCK 133131102   2,518 25,586 SH   SOLE 0 0 0 25,586
Centerspace COMMON STOCK 15202L107   1,045 18,280 SH   SOLE 0 0 0 18,280
Chatham Lodging Trust COMMON STOCK 16208T102   364 36,000 SH   SOLE 0 0 0 36,000
Cousins Properties Inc COMMON STOCK 222795502   1,057 43,977 SH   SOLE 0 0 0 43,977
CubeSmart COMMON STOCK 229663109   3,202 70,800 SH   SOLE 0 0 0 70,800
Digital Realty Trust Inc COMMON STOCK 253868103   7,622 52,919 SH   SOLE 0 0 0 52,919
DigitalBridge Group Inc COMMON STOCK 25401T603   274 14,233 SH   SOLE 0 0 0 14,233
Diversified Healthcare Trust COMMON STOCK 25525P107   123 50,000 SH   SOLE 0 0 0 50,000
EPR Properties COMMON STOCK 26884U109   1,442 33,962 SH   SOLE 0 0 0 33,962
Equinix Inc COMMON STOCK 29444U700   8,760 10,614 SH   SOLE 0 0 0 10,614
Equity Residential COMMON STOCK 29476L107   4,263 67,556 SH   SOLE 0 0 0 67,556
Essential Properties Realty Trust Inc COMMON STOCK 29670E107   2,279 85,500 SH   SOLE 0 0 0 85,500
Essex Property Trust Inc COMMON STOCK 297178105   3,475 14,195 SH   SOLE 0 0 0 14,195
Extra Space Storage Inc COMMON STOCK 30225T102   3,210 21,840 SH   SOLE 0 0 0 21,840
Four Corners Property Trust Inc COMMON STOCK 35086T109   856 35,000 SH   SOLE 0 0 0 35,000
Gaming and Leisure Properties Inc COMMON STOCK 36467J108   2,311 50,172 SH   SOLE 0 0 0 50,172
Getty Realty Corp COMMON STOCK 374297109   1,450 53,000 SH   SOLE 0 0 0 53,000
Global Medical REIT Inc COMMON STOCK 37954A204   1,444 165,000 SH   SOLE 0 0 0 165,000
Global Net Lease Inc COMMON STOCK 379378201   241 30,976 SH   SOLE 0 0 0 30,976
Healthcare Realty Trust Inc COMMON STOCK 42226K105   2,656 187,719 SH   SOLE 0 0 0 187,719
Healthpeak Properties Inc COMMON STOCK 42250P103   5,353 285,473 SH   SOLE 0 0 0 285,473
Highwoods Properties Inc COMMON STOCK 431284108   649 24,802 SH   SOLE 0 0 0 24,802
Host Hotels and Resorts Inc COMMON STOCK 44107P104   2,523 121,998 SH   SOLE 0 0 0 121,998
Hudson Pacific Properties Inc COMMON STOCK 444097109   545 84,500 SH   SOLE 0 0 0 84,500
Independence Realty Trust Inc COMMON STOCK 45378A106   1,452 90,000 SH   SOLE 0 0 0 90,000
Innovative Industrial Properties Inc COMMON STOCK 45781V101   1,098 10,600 SH   SOLE 0 0 0 10,600
Invitation Homes Inc COMMON STOCK 46187W107   3,519 98,810 SH   SOLE 0 0 0 98,810
Iron Mountain Inc COMMON STOCK 46284V101   4,612 57,500 SH   SOLE 0 0 0 57,500
Kilroy Realty Corp COMMON STOCK 49427F108   328 9,000 SH   SOLE 0 0 0 9,000
Kimco Realty Corp COMMON STOCK 49446R109   701 35,731 SH   SOLE 0 0 0 35,731
Kite Realty Group Trust COMMON STOCK 49803T300   1,810 83,500 SH   SOLE 0 0 0 83,500
LXP Industrial Trust COMMON STOCK 529043101   1,777 197,000 SH   SOLE 0 0 0 197,000
Macerich Co/The COMMON STOCK 554382101   426 24,720 SH   SOLE 0 0 0 24,720
Medical Properties Trust Inc COMMON STOCK 58463J304   1,349 287,000 SH   SOLE 0 0 0 287,000
Mid-America Apartment Communities Inc COMMON STOCK 59522J103   3,334 25,340 SH   SOLE 0 0 0 25,340
National Health Investors Inc COMMON STOCK 63633D104   2,362 37,600 SH   SOLE 0 0 0 37,600
National Retail Properties Inc COMMON STOCK 637417106   2,287 53,500 SH   SOLE 0 0 0 53,500
National Storage Affiliates Trust COMMON STOCK 637870106   1,754 44,800 SH   SOLE 0 0 0 44,800
Omega Healthcare Investors Inc COMMON STOCK 681936100   2,344 74,000 SH   SOLE 0 0 0 74,000
Park Hotels and Resorts Inc COMMON STOCK 700517105   403 23,038 SH   SOLE 0 0 0 23,038
Pebblebrook Hotel Trust COMMON STOCK 70509V100   137 8,911 SH   SOLE 0 0 0 8,911
Plymouth Industrial REIT Inc COMMON STOCK 729640102   2,205 98,000 SH   SOLE 0 0 0 98,000
Power REIT COMMON STOCK 73933H101   60 78,526 SH   SOLE 0 0 0 78,526
Prologis Inc COMMON STOCK 74340W103   20,074 154,153 SH   SOLE 0 0 0 154,153
Public Storage COMMON STOCK 74460D109   7,828 26,989 SH   SOLE 0 0 0 26,989
RLJ Lodging Trust COMMON STOCK 74965L101   1,019 86,200 SH   SOLE 0 0 0 86,200
Realty Income Corp COMMON STOCK 756109104   9,001 166,370 SH   SOLE 0 0 0 166,370
SITE Centers Corp COMMON STOCK 82981J109   440 30,000 SH   SOLE 0 0 0 30,000
SL Green Realty Corp COMMON STOCK 78440X887   310 5,618 SH   SOLE 0 0 0 5,618
STAG Industrial Inc COMMON STOCK 85254J102   3,032 78,880 SH   SOLE 0 0 0 78,880
Sabra Health Care REIT Inc COMMON STOCK 78573L106   2,300 155,730 SH   SOLE 0 0 0 155,730
Simon Property Group Inc COMMON STOCK 828806109   9,344 59,708 SH   SOLE 0 0 0 59,708
Spirit Realty Capital Inc COMMON STOCK 84860W300   0 0 SH   SOLE 0 0 0 0
Summit Hotel Properties Inc COMMON STOCK 866082100   449 69,000 SH   SOLE 0 0 0 69,000
TANGER INC COMMON STOCK 875465106   945 32,000 SH   SOLE 0 0 0 32,000
UDR Inc COMMON STOCK 902653104   2,716 72,605 SH   SOLE 0 0 0 72,605
UMH Properties Inc COMMON STOCK 903002103   940 57,900 SH   SOLE 0 0 0 57,900
VICI Properties Inc COMMON STOCK 925652109   5,720 192,000 SH   SOLE 0 0 0 192,000
Ventas Inc COMMON STOCK 92276F100   3,687 84,679 SH   SOLE 0 0 0 84,679
Vornado Realty Trust COMMON STOCK 929042109   655 22,765 SH   SOLE 0 0 0 22,765
WP Carey Inc COMMON STOCK 92936U109   3,036 53,800 SH   SOLE 0 0 0 53,800
Welltower Inc COMMON STOCK 95040Q104   5,957 63,753 SH   SOLE 0 0 0 63,753