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   2,948 25,200 SH   SOLE 0 0 0 25,200
American Homes 4 Rent COMMON STOCK 02665T306   2,155 58,000 SH   SOLE 0 0 0 58,000
Apartment Income REIT Corp COMMON STOCK 03750L109   0 0 SH   SOLE 0 0 0 0
Apple Hospitality REIT Inc COMMON STOCK 03784Y200   727 50,000 SH   SOLE 0 0 0 50,000
AvalonBay Communities Inc COMMON STOCK 053484101   5,549 26,820 SH   SOLE 0 0 0 26,820
Boston Properties Inc COMMON STOCK 101121101   844 13,717 SH   SOLE 0 0 0 13,717
Brandywine Realty Trust COMMON STOCK 105368203   768 171,400 SH   SOLE 0 0 0 171,400
Brixmor Property Group Inc COMMON STOCK 11120U105   2,702 117,000 SH   SOLE 0 0 0 117,000
Broadstone Net Lease Inc COMMON STOCK 11135E203   2,428 153,000 SH   SOLE 0 0 0 153,000
Camden Property Trust COMMON STOCK 133131102   2,792 25,586 SH   SOLE 0 0 0 25,586
Centerspace COMMON STOCK 15202L107   1,236 18,280 SH   SOLE 0 0 0 18,280
Chatham Lodging Trust COMMON STOCK 16208T102   307 36,000 SH   SOLE 0 0 0 36,000
Cousins Properties Inc COMMON STOCK 222795502   1,018 43,977 SH   SOLE 0 0 0 43,977
CubeSmart COMMON STOCK 229663109   3,198 70,800 SH   SOLE 0 0 0 70,800
Digital Realty Trust Inc COMMON STOCK 253868103   8,290 54,519 SH   SOLE 0 0 0 54,519
DigitalBridge Group Inc COMMON STOCK 25401T603   195 14,233 SH   SOLE 0 0 0 14,233
Diversified Healthcare Trust COMMON STOCK 25525P107   153 50,000 SH   SOLE 0 0 0 50,000
EPR Properties COMMON STOCK 26884U109   1,426 33,962 SH   SOLE 0 0 0 33,962
Equinix Inc COMMON STOCK 29444U700   8,787 11,614 SH   SOLE 0 0 0 11,614
Equity Residential COMMON STOCK 29476L107   4,684 67,556 SH   SOLE 0 0 0 67,556
Essential Properties Realty Trust Inc COMMON STOCK 29670E107   2,369 85,500 SH   SOLE 0 0 0 85,500
Essex Property Trust Inc COMMON STOCK 297178105   3,864 14,195 SH   SOLE 0 0 0 14,195
Extra Space Storage Inc COMMON STOCK 30225T102   3,394 21,840 SH   SOLE 0 0 0 21,840
Four Corners Property Trust Inc COMMON STOCK 35086T109   863 35,000 SH   SOLE 0 0 0 35,000
Gaming and Leisure Properties Inc COMMON STOCK 36467J108   2,268 50,172 SH   SOLE 0 0 0 50,172
Getty Realty Corp COMMON STOCK 374297109   1,413 53,000 SH   SOLE 0 0 0 53,000
Global Medical REIT Inc COMMON STOCK 37954A204   1,498 165,000 SH   SOLE 0 0 0 165,000
Global Net Lease Inc COMMON STOCK 379378201   228 30,976 SH   SOLE 0 0 0 30,976
Healthcare Realty Trust Inc COMMON STOCK 42226K105   3,094 187,719 SH   SOLE 0 0 0 187,719
Healthpeak Properties Inc COMMON STOCK 42250P103   5,595 285,473 SH   SOLE 0 0 0 285,473
Highwoods Properties Inc COMMON STOCK 431284108   652 24,802 SH   SOLE 0 0 0 24,802
Host Hotels and Resorts Inc COMMON STOCK 44107P104   2,283 126,998 SH   SOLE 0 0 0 126,998
Hudson Pacific Properties Inc COMMON STOCK 444097109   406 84,500 SH   SOLE 0 0 0 84,500
Independence Realty Trust Inc COMMON STOCK 45378A106   1,687 90,000 SH   SOLE 0 0 0 90,000
Innovative Industrial Properties Inc COMMON STOCK 45781V101   1,158 10,600 SH   SOLE 0 0 0 10,600
Invitation Homes Inc COMMON STOCK 46187W107   3,690 102,810 SH   SOLE 0 0 0 102,810
Iron Mountain Inc COMMON STOCK 46284V101   5,153 57,500 SH   SOLE 0 0 0 57,500
Kilroy Realty Corp COMMON STOCK 49427F108   281 9,000 SH   SOLE 0 0 0 9,000
Kimco Realty Corp COMMON STOCK 49446R109   695 35,731 SH   SOLE 0 0 0 35,731
Kite Realty Group Trust COMMON STOCK 49803T300   1,869 83,500 SH   SOLE 0 0 0 83,500
LXP Industrial Trust COMMON STOCK 529043101   1,797 197,000 SH   SOLE 0 0 0 197,000
Macerich Co/The COMMON STOCK 554382101   382 24,720 SH   SOLE 0 0 0 24,720
Medical Properties Trust Inc COMMON STOCK 58463J304   1,237 287,000 SH   SOLE 0 0 0 287,000
Mid-America Apartment Communities Inc COMMON STOCK 59522J103   3,614 25,340 SH   SOLE 0 0 0 25,340
National Health Investors Inc COMMON STOCK 63633D104   2,547 37,600 SH   SOLE 0 0 0 37,600
National Retail Properties Inc COMMON STOCK 637417106   2,394 56,200 SH   SOLE 0 0 0 56,200
National Storage Affiliates Trust COMMON STOCK 637870106   816 19,800 SH   SOLE 0 0 0 19,800
Omega Healthcare Investors Inc COMMON STOCK 681936100   2,843 83,000 SH   SOLE 0 0 0 83,000
Park Hotels and Resorts Inc COMMON STOCK 700517105   780 52,038 SH   SOLE 0 0 0 52,038
Pebblebrook Hotel Trust COMMON STOCK 70509V100   123 8,911 SH   SOLE 0 0 0 8,911
Plymouth Industrial REIT Inc COMMON STOCK 729640102   2,095 98,000 SH   SOLE 0 0 0 98,000
Power REIT COMMON STOCK 73933H101   71 78,526 SH   SOLE 0 0 0 78,526
Prologis Inc COMMON STOCK 74340W103   17,560 156,353 SH   SOLE 0 0 0 156,353
Public Storage COMMON STOCK 74460D109   8,396 29,189 SH   SOLE 0 0 0 29,189
RLJ Lodging Trust COMMON STOCK 74965L101   830 86,200 SH   SOLE 0 0 0 86,200
Realty Income Corp COMMON STOCK 756109104   9,052 171,370 SH   SOLE 0 0 0 171,370
SITE Centers Corp COMMON STOCK 82981J109   435 30,000 SH   SOLE 0 0 0 30,000
STAG Industrial Inc COMMON STOCK 85254J102   2,844 78,880 SH   SOLE 0 0 0 78,880
Sabra Health Care REIT Inc COMMON STOCK 78573L106   2,398 155,730 SH   SOLE 0 0 0 155,730
Simon Property Group Inc COMMON STOCK 828806109   9,064 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   413 69,000 SH   SOLE 0 0 0 69,000
TANGER INC COMMON STOCK 875465106   868 32,000 SH   SOLE 0 0 0 32,000
UDR Inc COMMON STOCK 902653104   2,988 72,605 SH   SOLE 0 0 0 72,605
UMH Properties Inc COMMON STOCK 903002103   926 57,900 SH   SOLE 0 0 0 57,900
VICI Properties Inc COMMON STOCK 925652109   6,415 224,000 SH   SOLE 0 0 0 224,000
Ventas Inc COMMON STOCK 92276F100   4,341 84,679 SH   SOLE 0 0 0 84,679
Vornado Realty Trust COMMON STOCK 929042109   598 22,765 SH   SOLE 0 0 0 22,765
WP Carey Inc COMMON STOCK 92936U109   2,962 53,800 SH   SOLE 0 0 0 53,800
Welltower Inc COMMON STOCK 95040Q104   6,646 63,753 SH   SOLE 0 0 0 63,753