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   30,172,253 546,203 SH   SOLE   546,203 0 0
AMERICAN HOMES 4 RENT CL A 02665T306   20,576,910 610,772 SH   SOLE   610,772 0 0
AMERICAN TOWER CORP NEW COM 03027X100   37,851,126 230,168 SH   SOLE   230,168 0 0
AMERICOLD REALTY TRUST INC COM 03064D108   26,756,117 879,846 SH   SOLE   879,846 0 0
AVALONBAY CMNTYS INC COM 053484101   18,606,827 108,343 SH   SOLE   108,343 0 0
BRIXMOR PPTY GROUP INC COM 11120U105   36,927,472 1,777,068 SH   SOLE   1,777,068 0 0
D R HORTON INC COM 23331A109   9,863,597 91,780 SH   SOLE   91,780 0 0
DIGITAL RLTY TR INC COM 253868103   1,203,665 9,946 SH   SOLE   9,946 0 0
DIGITALBRIDGE GROUP INC CL A NEW 25401T603   21,813,844 1,240,833 SH   SOLE   1,240,833 0 0
EASTGROUP PPTYS INC COM 277276101   28,835,337 173,154 SH   SOLE   173,154 0 0
EQUINIX INC COM 29444U700   2,063,305 2,841 SH   SOLE   2,841 0 0
FEDERAL RLTY INVT TR NEW SH BEN INT NEW 313745101   15,520,478 171,251 SH   SOLE   171,251 0 0
HEALTHCARE RLTY TR CL A COM 42226K105   17,249,985 1,129,665 SH   SOLE   1,129,665 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203   17,489,812 116,459 SH   SOLE   116,459 0 0
HOST HOTELS & RESORTS INC COM 44107P104   15,598,200 970,641 SH   SOLE   970,641 0 0
INVITATION HOMES INC COM 46187W107   724,402 22,859 SH   SOLE   22,859 0 0
KITE RLTY GROUP TR COM NEW 49803T300   21,986,795 1,026,461 SH   SOLE   1,026,461 0 0
MARRIOTT VACATIONS WORLDWIDE COM 57164Y107   1,133,597 11,265 SH   SOLE   11,265 0 0
OMEGA HEALTHCARE INVS INC COM 681936100   13,012,547 392,417 SH   SOLE   392,417 0 0
PUBLIC STORAGE COM 74460D109   2,082,599 7,903 SH   SOLE   7,903 0 0
REXFORD INDL RLTY INC COM 76169C100   33,114,492 671,013 SH   SOLE   671,013 0 0
ROYAL CARIBBEAN GROUP COM V7780T103   17,247,409 187,187 SH   SOLE   187,187 0 0
SABRA HEALTH CARE REIT INC COM 78573L106   19,984,914 1,433,638 SH   SOLE   1,433,638 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104   2,788,768 13,932 SH   SOLE   13,932 0 0
SUN CMNTYS INC COM 866674104   1,467,416 12,400 SH   SOLE   12,400 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106   12,748,027 564,072 SH   SOLE   564,072 0 0
VENTAS INC COM 92276F100   32,421,353 769,555 SH   SOLE   769,555 0 0
VICI PPTYS INC COM 925652109   29,693,902 1,020,409 SH   SOLE   1,020,409 0 0
WEST FRASER TIMBER CO LTD COM 952845105   28,828,991 397,422 SH   SOLE   397,422 0 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105   47,436,573 682,148 SH   SOLE   682,148 0 0