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
AGREE RLTY CORP COM 008492100   2,697,815 37,976 SH   SOLE   37,976 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109   1,811,145 21,732 SH   SOLE   21,732 0 0
AMERICAN TOWER CORP NEW COM 03027X100   3,502,147 18,210 SH   SOLE   12,719 0 5,491
AMERICAN WTR WKS CO INC NEW COM 030420103   802,709 5,767 SH   SOLE   4,197 0 1,570
AMERICOLD REALTY TRUST INC COM 03064D108   10,839,462 885,577 SH   SOLE   618,714 0 266,863
AVALONBAY CMNTYS INC COM 053484101   1,487,409 7,700 SH   SOLE   7,700 0 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203   1,101,485 264,145 SH   SOLE   264,145 0 0
BRIXMOR PPTY GROUP INC COM 11120U105   28,257,100 1,020,849 SH   SOLE   797,204 0 223,645
CAMDEN PPTY TR SH BEN INT 133131102   1,434,910 13,438 SH   SOLE   13,438 0 0
CHENIERE ENERGY INC COM NEW 16411R208   653,949 2,783 SH   SOLE   1,483 0 1,300
CONSOLIDATED EDISON INC COM 209115104   1,017,262 10,120 SH   SOLE   7,320 0 2,800
COPT DEFENSE PROPERTIES SHS BEN INT 22002T108   1,892,968 65,140 SH   SOLE   65,140 0 0
CROWN CASTLE INC COM 22822V101   2,160,025 22,386 SH   SOLE   17,396 0 4,990
CUBESMART COM 229663109   16,017,844 393,946 SH   SOLE   290,974 0 102,972
DIGITAL RLTY TR INC COM 253868103   19,495,678 112,770 SH   SOLE   80,919 0 31,851
EDISON INTL COM 281020107   507,139 9,174 SH   SOLE   6,724 0 2,450
EPR PPTYS COM SH BEN INT 26884U109   265,280 4,573 SH   SOLE   4,573 0 0
EQUINIX INC COM 29444U700   32,759,796 41,826 SH   SOLE   30,936 0 10,890
EQUITY RESIDENTIAL SH BEN INT 29476L107   20,215,632 312,307 SH   SOLE   241,375 0 70,932
EVERSOURCE ENERGY COM 30040W108   1,009,405 14,189 SH   SOLE   8,559 0 5,630
EXTRA SPACE STORAGE INC COM 30225T102   1,635,045 11,601 SH   SOLE   11,601 0 0
FIRST INDL RLTY TR INC COM 32054K103   22,872,805 444,391 SH   SOLE   336,613 0 107,778
GAMING & LEISURE PPTYS INC COM 36467J108   23,656,160 507,534 SH   SOLE   390,901 0 116,633
HEALTHCARE RLTY TR CL A COM 42226K105   2,325,509 128,980 SH   SOLE   128,980 0 0
HEALTHPEAK PROPERTIES INC COM 42250P103   12,053,565 629,429 SH   SOLE   405,362 0 224,067
HIGHWOODS PPTYS INC COM 431284108   1,803,812 56,688 SH   SOLE   56,688 0 0
HUDSON PAC PPTYS INC COM 444097109   11,093,939 4,019,543 SH   SOLE   3,021,337 0 998,206
INVITATION HOMES INC COM 46187W107   17,993,398 613,481 SH   SOLE   433,935 0 179,546
KINDER MORGAN INC DEL COM 49456B101   1,324,795 46,796 SH   SOLE   14,496 0 32,300
KITE RLTY GROUP TR COM NEW 49803T300   1,479,137 66,329 SH   SOLE   66,329 0 0
NETSTREIT CORP COM 64119V303   10,857,907 601,213 SH   SOLE   417,117 0 184,096
ONEOK INC NEW COM 682680103   691,537 9,477 SH   SOLE   5,827 0 3,650
PIEDMONT REALTY TRUST INC COM CL A 720190206   397,863 44,207 SH   SOLE   44,207 0 0
PROLOGIS INC. COM 74340W103   4,247,547 37,090 SH   SOLE   37,090 0 0
PUBLIC STORAGE OPER CO COM 74460D109   2,388,212 8,268 SH   SOLE   8,268 0 0
REALTY INCOME CORP COM 756109104   3,453,845 56,816 SH   SOLE   56,816 0 0
REGENCY CTRS CORP COM 758849103   3,624,807 49,723 SH   SOLE   49,723 0 0
SABRA HEALTH CARE REIT INC COM 78573L106   14,790,747 793,495 SH   SOLE   793,495 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104   1,812,076 9,372 SH   SOLE   7,582 0 1,790
SEMPRA COM 816851109   518,915 5,767 SH   SOLE   3,167 0 2,600
SIMON PPTY GROUP INC NEW COM 828806109   1,481,467 7,894 SH   SOLE   7,894 0 0
SUN CMNTYS INC COM 866674104   11,069,232 85,808 SH   SOLE   53,484 0 32,324
TANGER INC COM 875465106   13,284,197 392,559 SH   SOLE   293,232 0 99,327
UDR INC COM 902653104   16,223,116 435,403 SH   SOLE   325,598 0 109,805
VENTAS INC COM 92276F100   27,951,136 399,359 SH   SOLE   273,501 0 125,858
VICI PPTYS INC COM 925652109   3,186,095 97,703 SH   SOLE   97,703 0 0
WILLIAMS COS INC COM 969457100   882,149 13,925 SH   SOLE   5,925 0 8,000
WP CAREY INC COM 92936U109   2,896,185 42,862 SH   SOLE   42,862 0 0