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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

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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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALEXANDERS INC COM 014752109 1,858 6,699 SH   DFND (1) 6,699 0 0
BROOKFIELD PROPERTY REIT INC CL A 11282X103 9,254 619,807 SH   DFND (1) 619,807 0 0
MACK CALI RLTY CORP COM 554489104 79,858 6,409,183 SH   DFND (1) 6,409,183 0 0
PLYMOUTH INDL REIT INC COM 729640102 13,745 916,337 SH   DFND (1) 916,337 0 0
SL GREEN RLTY CORP COM 78440X101 68,936 1,157,033 SH   DFND (1) 1,157,033 0 0
STARWOOD PPTY TRI NC COM 85571B105 1,362 70,566 SH   DFND (1) 70,566 0 0
VORNADO RLTY TR SH BEN INT 929042109 1,100 29,452 SH   DFND (1) 29,452 0 0