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   1,730 18,700 SH   SOLE 0 0 0 18,700
American Homes 4 Rent COMMON STOCK 02665T306   1,701 45,000 SH   SOLE 0 0 0 45,000
Americold Realty Trust Inc COMMON STOCK 03064D108   773 36,000 SH   SOLE 0 0 0 36,000
Apple Hospitality REIT Inc COMMON STOCK 03784Y200   646 50,000 SH   SOLE 0 0 0 50,000
AvalonBay Communities Inc COMMON STOCK 053484101   4,318 20,120 SH   SOLE 0 0 0 20,120
Boston Properties Inc COMMON STOCK 101121101   787 11,717 SH   SOLE 0 0 0 11,717
Brandywine Realty Trust COMMON STOCK 105368203   586 131,400 SH   SOLE 0 0 0 131,400
Brixmor Property Group Inc COMMON STOCK 11120U105   2,390 90,000 SH   SOLE 0 0 0 90,000
Broadstone Net Lease Inc COMMON STOCK 11135E203   1,874 110,000 SH   SOLE 0 0 0 110,000
Camden Property Trust COMMON STOCK 133131102   1,931 15,786 SH   SOLE 0 0 0 15,786
CareTrust REIT Inc COMMON STOCK 14174T107   1,258 44,000 SH   SOLE 0 0 0 44,000
Centerspace COMMON STOCK 15202L107   828 12,780 SH   SOLE 0 0 0 12,780
Chatham Lodging Trust COMMON STOCK 16208T102   257 36,000 SH   SOLE 0 0 0 36,000
Cousins Properties Inc COMMON STOCK 222795502   1,061 35,977 SH   SOLE 0 0 0 35,977
CubeSmart COMMON STOCK 229663109   2,084 48,800 SH   SOLE 0 0 0 48,800
Digital Realty Trust Inc COMMON STOCK 253868103   6,293 43,919 SH   SOLE 0 0 0 43,919
DigitalBridge Group Inc COMMON STOCK 25401T603   126 14,233 SH   SOLE 0 0 0 14,233
EPR Properties COMMON STOCK 26884U109   1,629 30,962 SH   SOLE 0 0 0 30,962
Equinix Inc COMMON STOCK 29444U700   8,328 10,214 SH   SOLE 0 0 0 10,214
Equity Residential COMMON STOCK 29476L107   3,547 49,556 SH   SOLE 0 0 0 49,556
Essential Properties Realty Trust Inc COMMON STOCK 29670E107   1,975 60,500 SH   SOLE 0 0 0 60,500
Essex Property Trust Inc COMMON STOCK 297178105   2,972 9,695 SH   SOLE 0 0 0 9,695
Extra Space Storage Inc COMMON STOCK 30225T102   2,501 16,840 SH   SOLE 0 0 0 16,840
Four Corners Property Trust Inc COMMON STOCK 35086T109   718 25,000 SH   SOLE 0 0 0 25,000
Gaming and Leisure Properties Inc COMMON STOCK 36467J108   2,045 40,172 SH   SOLE 0 0 0 40,172
Getty Realty Corp COMMON STOCK 374297109   1,341 43,000 SH   SOLE 0 0 0 43,000
Global Medical REIT Inc COMMON STOCK 37954A204   1,085 124,000 SH   SOLE 0 0 0 124,000
Global Net Lease Inc COMMON STOCK 379378201   249 30,976 SH   SOLE 0 0 0 30,976
Healthcare Realty Trust Inc COMMON STOCK 42226K105   2,294 135,719 SH   SOLE 0 0 0 135,719
Healthpeak Properties Inc COMMON STOCK 42250P103   4,155 205,473 SH   SOLE 0 0 0 205,473
Highwoods Properties Inc COMMON STOCK 431284108   587 19,802 SH   SOLE 0 0 0 19,802
Host Hotels and Resorts Inc COMMON STOCK 44107P104   1,378 96,998 SH   SOLE 0 0 0 96,998
Hudson Pacific Properties Inc COMMON STOCK 444097109   249 84,500 SH   SOLE 0 0 0 84,500
Independence Realty Trust Inc COMMON STOCK 45378A106   945 44,500 SH   SOLE 0 0 0 44,500
Innovative Industrial Properties Inc COMMON STOCK 45781V101   454 8,400 SH   SOLE 0 0 0 8,400
Invitation Homes Inc COMMON STOCK 46187W107   2,757 79,110 SH   SOLE 0 0 0 79,110
Iron Mountain Inc COMMON STOCK 46284V101   3,313 38,500 SH   SOLE 0 0 0 38,500
Kilroy Realty Corp COMMON STOCK 49427F108   295 9,000 SH   SOLE 0 0 0 9,000
Kimco Realty Corp COMMON STOCK 49446R109   653 30,731 SH   SOLE 0 0 0 30,731
Kite Realty Group Trust COMMON STOCK 49803T300   1,420 63,500 SH   SOLE 0 0 0 63,500
LXP Industrial Trust COMMON STOCK 529043101   1,315 152,000 SH   SOLE 0 0 0 152,000
Lamar Advertising Co COMMON STOCK 512816109   1,650 14,500 SH   SOLE 0 0 0 14,500
Macerich Co/The COMMON STOCK 554382101   321 18,720 SH   SOLE 0 0 0 18,720
Medical Properties Trust Inc COMMON STOCK 58463J304   1,309 217,000 SH   SOLE 0 0 0 217,000
Mid-America Apartment Communities Inc COMMON STOCK 59522J103   2,688 16,040 SH   SOLE 0 0 0 16,040
National Health Investors Inc COMMON STOCK 63633D104   517 7,000 SH   SOLE 0 0 0 7,000
National Retail Properties Inc COMMON STOCK 637417106   1,842 43,200 SH   SOLE 0 0 0 43,200
National Storage Affiliates Trust COMMON STOCK 637870106   209 5,300 SH   SOLE 0 0 0 5,300
Omega Healthcare Investors Inc COMMON STOCK 681936100   2,361 62,000 SH   SOLE 0 0 0 62,000
Outfront Media Inc COMMON STOCK 69007J304   381 23,617 SH   SOLE 0 0 0 23,617
Park Hotels and Resorts Inc COMMON STOCK 700517105   556 52,038 SH   SOLE 0 0 0 52,038
Pebblebrook Hotel Trust COMMON STOCK 70509V100   90 8,911 SH   SOLE 0 0 0 8,911
Plymouth Industrial REIT Inc COMMON STOCK 729640102   1,255 77,000 SH   SOLE 0 0 0 77,000
Power REIT COMMON STOCK 73933H101   88 78,526 SH   SOLE 0 0 0 78,526
Prologis Inc COMMON STOCK 74340W103   13,119 117,353 SH   SOLE 0 0 0 117,353
Public Storage COMMON STOCK 74460D109   6,162 20,589 SH   SOLE 0 0 0 20,589
RLJ Lodging Trust COMMON STOCK 74965L101   546 69,200 SH   SOLE 0 0 0 69,200
Realty Income Corp COMMON STOCK 756109104   7,650 131,870 SH   SOLE 0 0 0 131,870
SITE Centers Corp COMMON STOCK 82981J851   96 7,500 SH   SOLE 0 0 0 7,500
STAG Industrial Inc COMMON STOCK 85254J102   1,946 53,880 SH   SOLE 0 0 0 53,880
Sabra Health Care REIT Inc COMMON STOCK 78573L106   1,934 110,730 SH   SOLE 0 0 0 110,730
Simon Property Group Inc COMMON STOCK 828806109   6,561 39,508 SH   SOLE 0 0 0 39,508
Summit Hotel Properties Inc COMMON STOCK 866082100   373 69,000 SH   SOLE 0 0 0 69,000
TANGER INC COMMON STOCK 875465106   372 11,000 SH   SOLE 0 0 0 11,000
UDR Inc COMMON STOCK 902653104   1,947 43,105 SH   SOLE 0 0 0 43,105
UMH Properties Inc COMMON STOCK 903002103   821 43,900 SH   SOLE 0 0 0 43,900
VICI Properties Inc COMMON STOCK 925652109   5,611 172,000 SH   SOLE 0 0 0 172,000
Ventas Inc COMMON STOCK 92276F100   4,241 61,679 SH   SOLE 0 0 0 61,679
Vornado Realty Trust COMMON STOCK 929042109   676 18,265 SH   SOLE 0 0 0 18,265
WP Carey Inc COMMON STOCK 92936U109   2,922 46,300 SH   SOLE 0 0 0 46,300
Welltower Inc COMMON STOCK 95040Q104   8,082 52,753 SH   SOLE 0 0 0 52,753