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
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 BBG000BC33T9 38,598,763 264,974 SH   SOLE   264,974 0 0
AMERICAN TOWER CORP NEW COM 03027X100 BBG000B9XYV2 20,392,161 96,253 SH   SOLE   96,253 0 0
AVALONBAY CMNTYS INC COM 053484101 BBG000BLPBL5 5,798,568 35,900 SH   SOLE   35,900 0 0
CAMDEN PPTY TR SH BEN INT 133131102 BBG000BB0V03 14,883,396 133,030 SH   SOLE   133,030 0 0
CUBESMART COM 229663109 BBG000HF28Q9 3,707,025 92,100 SH   SOLE   92,100 0 0
DIGITALBRIDGE GROUP INC CL A NEW 25401T603 BBG00D30HGP6 9,179,141 839,044 SH   SOLE   839,044 0 0
DOUGLAS EMMETT INC COM 25960P109 BBG000PN1SJ8 10,490,390 669,030 SH   SOLE   669,030 0 0
EQUINIX INC COM 29444U700 BBG000MBDGM6 45,637,250 69,672 SH   SOLE   69,672 0 0
ESSENTIAL PPTYS RLTY TR INC COM 29670E107 BBG00L17LGJ7 30,908,159 1,316,922 SH   SOLE   1,316,922 0 0
EXTRA SPACE STORAGE INC COM 30225T102 BBG000PV27K3 4,982,926 33,856 SH   SOLE   33,856 0 0
HEALTHPEAK PROPERTIES INC COM 42250P103 BBG000BKYDP9 34,236,520 1,365,637 SH   SOLE   1,365,637 0 0
HOST HOTELS & RESORTS INC COM 44107P104 BBG000BL8804 15,241,706 949,639 SH   SOLE   949,639 0 0
INDUS REALTY TRUST INC COM 45580R103 BBG000BB3X33 27,976,551 440,645 SH   SOLE   440,645 0 0
INVITATION HOMES INC COM 46187W107 BBG00FQH6BS9 32,273,307 1,088,843 SH   SOLE   1,088,843 0 0
KIMCO RLTY CORP COM 49446R109 BBG000CN3S73 21,655,809 1,022,465 SH   SOLE   1,022,465 0 0
KITE RLTY GROUP TR COM NEW 49803T300 BBG000BC2KW8 13,060,620 620,457 SH   SOLE   620,457 0 0
PARK HOTELS & RESORTS INC COM 700517105 BBG00FGXCJX5 5,588,484 474,002 SH   SOLE   474,002 0 0
PROLOGIS INC. COM 74340W103 BBG000B9Z0J8 67,419,191 598,059 SH   SOLE   598,059 0 0
PUBLIC STORAGE COM 74460D109 BBG000BPPN67 45,969,653 164,066 SH   SOLE   164,066 0 0
RADIUS GLOBAL INFRASTRCTRE I COM CL A 750481103 BBG00K5TV6P1 37,757,962 3,194,413 SH   SOLE   3,194,413 0 0
REXFORD INDL RLTY INC COM 76169C100 BBG004MB82R0 40,071,064 733,365 SH   SOLE   733,365 0 0
SUN CMNTYS INC COM 866674104 BBG000BLJWF3 45,720,532 319,724 SH   SOLE   319,724 0 0
UDR INC COM 902653104 BBG000C41023 35,148,869 907,536 SH   SOLE   907,536 0 0
VICI PPTYS INC COM 925652109 BBG00HVVB499 16,127,521 497,763 SH   SOLE   497,763 0 0
WELLTOWER INC COM 95040Q104 BBG000BKY1G5 38,001,695 579,736 SH   SOLE   579,736 0 0
WHITESTONE REIT COM 966084204 BBG000Q2BVH7 5,725,842 593,967 SH   SOLE   593,967 0 0