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      <regStreet1>4500 Main St</regStreet1>
      <regCity>Kansas City</regCity>
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      <regZipOrPostalCode>64111</regZipOrPostalCode>
      <regPhone>816-531-5575</regPhone>
      <seriesName>Avantis Real Estate ETF</seriesName>
      <seriesId>S000072999</seriesId>
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      <repPdEnd>2025-08-31</repPdEnd>
      <repPdDate>2025-05-31</repPdDate>
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      <totLiabs>4518824.360000000000</totLiabs>
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        <name>Sekisui House Reit Inc</name>
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        <name>DiamondRock Hospitality Co</name>
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        <name>Extra Space Storage Inc</name>
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        <name>Federal Realty Investment Trust</name>
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        <title>Federal Realty Investment Trust</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>First Capital Real Estate Investment Trust</name>
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        <balance>43635.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3723500000"/>
        <valUSD>564375.8900000000</valUSD>
        <pctVal>0.0958510582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>First Industrial Realty Trust Inc</name>
        <lei>N/A</lei>
        <title>First Industrial Realty Trust Inc</title>
        <cusip>32054K103</cusip>
        <identifiers>
          <isin value="US32054K1034"/>
          <ticker value="FR"/>
          <other otherDesc="SEDOL" value="2360757"/>
        </identifiers>
        <balance>42538.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2102653.3400000000</valUSD>
        <pctVal>0.3571051692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Flagship Communities REIT</name>
        <lei>894500P7IQ2SJ1DF2L20</lei>
        <title>Flagship Communities REIT</title>
        <cusip>33843T108</cusip>
        <identifiers>
          <isin value="CA33843T1084"/>
          <ticker value="MHC/U"/>
          <other otherDesc="SEDOL" value="BMXKJ81"/>
        </identifiers>
        <balance>862.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15662.5400000000</valUSD>
        <pctVal>0.0026600552</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Abrdn Property Income Trust Ltd</name>
        <lei>549300HHFBWZRKC7RW84</lei>
        <title>ABRDN PROPERTY INCOME TRUST LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0033875286"/>
          <ticker value="API"/>
          <other otherDesc="SEDOL" value="3387528"/>
        </identifiers>
        <balance>987.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>71.7500000000</valUSD>
        <pctVal>0.0000121857</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Four Corners Property Trust Inc</name>
        <lei>549300SVTPZPBDVNER42</lei>
        <title>Four Corners Property Trust Inc</title>
        <cusip>35086T109</cusip>
        <identifiers>
          <isin value="US35086T1097"/>
          <ticker value="FCPT"/>
          <other otherDesc="SEDOL" value="BZ16HK0"/>
        </identifiers>
        <balance>34363.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>948762.4300000000</valUSD>
        <pctVal>0.1611335362</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gaming and Leisure Properties Inc</name>
        <lei>5493006GWRDBCZYWTM57</lei>
        <title>Gaming and Leisure Properties Inc</title>
        <cusip>36467J108</cusip>
        <identifiers>
          <isin value="US36467J1088"/>
          <ticker value="GLPI"/>
          <other otherDesc="SEDOL" value="BFPK4S5"/>
        </identifiers>
        <balance>87768.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4098765.6000000000</valUSD>
        <pctVal>0.6961158815</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Getty Realty Corp</name>
        <lei>N/A</lei>
        <title>Getty Realty Corp</title>
        <cusip>374297109</cusip>
        <identifiers>
          <isin value="US3742971092"/>
          <ticker value="GTY"/>
          <other otherDesc="SEDOL" value="2698146"/>
        </identifiers>
        <balance>15909.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>465497.3400000000</valUSD>
        <pctVal>0.0790579708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Granite Real Estate Investment Trust</name>
        <lei>549300A6I7CLE0ZC0396</lei>
        <title>Granite Real Estate Investment Trust</title>
        <cusip>387437205</cusip>
        <identifiers>
          <isin value="CA3874372053"/>
          <ticker value="GRT-U"/>
          <other otherDesc="SEDOL" value="BRYQ8P3"/>
        </identifiers>
        <balance>12294.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3723500000"/>
        <valUSD>629772.4300000000</valUSD>
        <pctVal>0.1069577119</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>American Healthcare REIT Inc</name>
        <lei>N/A</lei>
        <title>American Healthcare REIT Inc</title>
        <cusip>398182303</cusip>
        <identifiers>
          <isin value="US3981823038"/>
          <ticker value="AHR"/>
          <other otherDesc="SEDOL" value="BQWNKQ4"/>
        </identifiers>
        <balance>41803.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1460596.8200000000</valUSD>
        <pctVal>0.2480611828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>H&amp;R Real Estate Investment Trust</name>
        <lei>549300TGNP6B6GUVGW10</lei>
        <title>H&amp;R Real Estate Investment Trust</title>
        <cusip>403925407</cusip>
        <identifiers>
          <isin value="CA4039254079"/>
          <ticker value="HR-U"/>
          <other otherDesc="SEDOL" value="BGM8DW6"/>
        </identifiers>
        <balance>65563.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3723500000"/>
        <valUSD>498285.4900000000</valUSD>
        <pctVal>0.0846265625</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cofinimmo SA</name>
        <lei>549300TM914CSF6KI389</lei>
        <title>Cofinimmo SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003593044"/>
          <ticker value="COFB"/>
          <other otherDesc="SEDOL" value="4177988"/>
        </identifiers>
        <balance>14429.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>1243134.1100000000</valUSD>
        <pctVal>0.2111282960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="837371.950000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Healthpeak Properties Inc</name>
        <lei>PZ9HF5U52KPF0MH0QN75</lei>
        <title>Healthpeak Properties Inc</title>
        <cusip>42250P103</cusip>
        <identifiers>
          <isin value="US42250P1030"/>
          <ticker value="DOC"/>
          <other otherDesc="SEDOL" value="BJBLRK3"/>
        </identifiers>
        <balance>230950.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4020839.5000000000</valUSD>
        <pctVal>0.6828812637</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Host Hotels &amp; Resorts Inc</name>
        <lei>N6EL63S0K3PB1YFTDI24</lei>
        <title>Host Hotels &amp; Resorts Inc</title>
        <cusip>44107P104</cusip>
        <identifiers>
          <isin value="US44107P1049"/>
          <ticker value="HST"/>
          <other otherDesc="SEDOL" value="2567503"/>
        </identifiers>
        <balance>231594.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3587391.0600000000</valUSD>
        <pctVal>0.6092663337</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Independence Realty Trust Inc</name>
        <lei>N/A</lei>
        <title>Independence Realty Trust Inc</title>
        <cusip>45378A106</cusip>
        <identifiers>
          <isin value="US45378A1060"/>
          <ticker value="IRT"/>
          <other otherDesc="SEDOL" value="BCRYTK1"/>
        </identifiers>
        <balance>64082.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1191284.3800000000</valUSD>
        <pctVal>0.2023223715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goodman Property Trust</name>
        <lei>N/A</lei>
        <title>Goodman Property Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZCPTE0001S9"/>
          <ticker value="GMT"/>
          <other otherDesc="SEDOL" value="6299192"/>
        </identifiers>
        <balance>466542.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6735000000"/>
        <valUSD>532089.8300000000</valUSD>
        <pctVal>0.0903677393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>National Health Investors Inc</name>
        <lei>549300ZPKZIG6DKDEC02</lei>
        <title>National Health Investors Inc</title>
        <cusip>63633D104</cusip>
        <identifiers>
          <isin value="US63633D1046"/>
          <ticker value="NHI"/>
          <other otherDesc="SEDOL" value="2626125"/>
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        <balance>17701.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1283499.5100000000</valUSD>
        <pctVal>0.2179837736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GPT Group/The</name>
        <lei>N/A</lei>
        <title>GPT Group/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000GPT8"/>
          <ticker value="GPT"/>
          <other otherDesc="SEDOL" value="6365866"/>
        </identifiers>
        <balance>865013.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>2678367.0700000000</valUSD>
        <pctVal>0.4548817951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NNN REIT Inc</name>
        <lei>5493008JKH5SOTI0JS97</lei>
        <title>NNN REIT Inc</title>
        <cusip>637417106</cusip>
        <identifiers>
          <isin value="US6374171063"/>
          <ticker value="NNN"/>
          <other otherDesc="SEDOL" value="2211811"/>
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        <balance>60866.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2541764.1600000000</valUSD>
        <pctVal>0.4316817724</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Building Fund Inc</name>
        <lei>N/A</lei>
        <title>Nippon Building Fund Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3027670003"/>
          <ticker value="8951"/>
          <other otherDesc="SEDOL" value="6396800"/>
        </identifiers>
        <balance>3423.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>3128257.8400000000</valUSD>
        <pctVal>0.5312892164</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Real Estate Investment Corp</name>
        <lei>3538003YAIR3CBGJJ928</lei>
        <title>Japan Real Estate Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3027680002"/>
          <ticker value="8952"/>
          <other otherDesc="SEDOL" value="6397580"/>
        </identifiers>
        <balance>2585.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>2098816.3400000000</valUSD>
        <pctVal>0.3564535104</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NET Lease Office Properties</name>
        <lei>N/A</lei>
        <title>NET Lease Office Properties</title>
        <cusip>64110Y108</cusip>
        <identifiers>
          <isin value="US64110Y1082"/>
          <ticker value="NLOP"/>
          <other otherDesc="SEDOL" value="BS44H79"/>
        </identifiers>
        <balance>4423.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>138041.8300000000</valUSD>
        <pctVal>0.0234444024</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="87612.000000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NETSTREIT Corp</name>
        <lei>254900CJL0EDMEQ25Q84</lei>
        <title>NETSTREIT Corp</title>
        <cusip>64119V303</cusip>
        <identifiers>
          <isin value="US64119V3033"/>
          <ticker value="NTST"/>
          <other otherDesc="SEDOL" value="BMFLYL0"/>
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        <balance>23256.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>374421.6000000000</valUSD>
        <pctVal>0.0635900775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CapitaLand Integrated Commercial Trust</name>
        <lei>54930031292WUTXF0L29</lei>
        <title>CapitaLand Integrated Commercial Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1M51904654"/>
          <ticker value="CICT"/>
          <other otherDesc="SEDOL" value="6420129"/>
        </identifiers>
        <balance>2491666.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>4035927.0800000000</valUSD>
        <pctVal>0.6854436704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Metropolitan Fund Invest</name>
        <lei>353800QDHNIP60E1LQ93</lei>
        <title>Japan Metropolitan Fund Invest</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3039710003"/>
          <ticker value="8953"/>
          <other otherDesc="SEDOL" value="6513342"/>
        </identifiers>
        <balance>1093.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>748230.7500000000</valUSD>
        <pctVal>0.1270761392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Centuria Capital Group</name>
        <lei>N/A</lei>
        <title>Centuria Capital Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CNI5"/>
          <ticker value="CNI"/>
          <other otherDesc="SEDOL" value="6518745"/>
        </identifiers>
        <balance>299884.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>322780.4200000000</valUSD>
        <pctVal>0.0548195722</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Orix JREIT Inc</name>
        <lei>N/A</lei>
        <title>Orix JREIT Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3040880001"/>
          <ticker value="8954"/>
          <other otherDesc="SEDOL" value="6527774"/>
        </identifiers>
        <balance>1114.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>1384653.2600000000</valUSD>
        <pctVal>0.2351632708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Prime Realty Investment Corp</name>
        <lei>353800NJOQJAY1ODEX72</lei>
        <title>Japan Prime Realty Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3040890000"/>
          <ticker value="8955"/>
          <other otherDesc="SEDOL" value="6528175"/>
        </identifiers>
        <balance>314.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>783438.3800000000</valUSD>
        <pctVal>0.1330556445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NTT UD REIT Investment Corp</name>
        <lei>N/A</lei>
        <title>NTT UD REIT Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3041770003"/>
          <ticker value="8956"/>
          <other otherDesc="SEDOL" value="6543800"/>
        </identifiers>
        <balance>561.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>511433.4200000000</valUSD>
        <pctVal>0.0868595477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CapitaLand Ascendas REIT</name>
        <lei>549300ILIBAEMQZK3L20</lei>
        <title>CapitaLand Ascendas REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1M77906915"/>
          <ticker value="CLAR"/>
          <other otherDesc="SEDOL" value="6563875"/>
        </identifiers>
        <balance>1461000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>2998288.0500000000</valUSD>
        <pctVal>0.5092157328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Centuria Industrial REIT</name>
        <lei>N/A</lei>
        <title>Centuria Industrial REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CIP0"/>
          <ticker value="CIP"/>
          <other otherDesc="SEDOL" value="BD31FD8"/>
        </identifiers>
        <balance>243699.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>484126.6400000000</valUSD>
        <pctVal>0.0822218872</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tokyu REIT Inc</name>
        <lei>N/A</lei>
        <title>Tokyu REIT Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3044510000"/>
          <ticker value="8957"/>
          <other otherDesc="SEDOL" value="6687203"/>
        </identifiers>
        <balance>347.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>445582.3200000000</valUSD>
        <pctVal>0.0756756935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Global One Real Estate Investment Corp</name>
        <lei>N/A</lei>
        <title>Global One Real Estate Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3044520009"/>
          <ticker value="8958"/>
          <other otherDesc="SEDOL" value="6693608"/>
        </identifiers>
        <balance>144.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>124425.1700000000</valUSD>
        <pctVal>0.0211318102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>United Urban Investment Corp</name>
        <lei>353800GYZWBD7BDCN841</lei>
        <title>United Urban Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3045540006"/>
          <ticker value="8960"/>
          <other otherDesc="SEDOL" value="6723839"/>
        </identifiers>
        <balance>1195.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>1254144.9800000000</valUSD>
        <pctVal>0.2129983325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="931290.390000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mori Trust Reit Inc</name>
        <lei>N/A</lei>
        <title>Mori Trust Reit Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046170001"/>
          <ticker value="8961"/>
          <other otherDesc="SEDOL" value="6729558"/>
        </identifiers>
        <balance>956.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>440150.9200000000</valUSD>
        <pctVal>0.0747532490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Omega Healthcare Investors Inc</name>
        <lei>549300OJ7ENK42CZ8E73</lei>
        <title>Omega Healthcare Investors Inc</title>
        <cusip>681936100</cusip>
        <identifiers>
          <isin value="US6819361006"/>
          <ticker value="OHI"/>
          <other otherDesc="SEDOL" value="2043274"/>
        </identifiers>
        <balance>96798.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3581526.0000000000</valUSD>
        <pctVal>0.6082702383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stockland</name>
        <lei>N/A</lei>
        <title>Stockland</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SGP0"/>
          <ticker value="SGP"/>
          <other otherDesc="SEDOL" value="6850856"/>
        </identifiers>
        <balance>1095077.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>3856687.7600000000</valUSD>
        <pctVal>0.6550024719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Phillips Edison &amp; Co Inc</name>
        <lei>549300UC1QJSQ49IC243</lei>
        <title>Phillips Edison &amp; Co Inc</title>
        <cusip>71844V201</cusip>
        <identifiers>
          <isin value="US71844V2016"/>
          <ticker value="PECO"/>
          <other otherDesc="SEDOL" value="BN48ZR2"/>
        </identifiers>
        <balance>40224.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1426343.0400000000</valUSD>
        <pctVal>0.2422436752</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Postal Realty Trust Inc</name>
        <lei>5493007B7ZZSIJRGWC41</lei>
        <title>Postal Realty Trust Inc</title>
        <cusip>73757R102</cusip>
        <identifiers>
          <isin value="US73757R1023"/>
          <ticker value="PSTL"/>
          <other otherDesc="SEDOL" value="BKBS530"/>
        </identifiers>
        <balance>4819.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>66694.9600000000</valUSD>
        <pctVal>0.0113271715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Primaris Real Estate Investment Trust</name>
        <lei>549300WUM45OXSEVOT03</lei>
        <title>Primaris Real Estate Investment Trust</title>
        <cusip>74167K109</cusip>
        <identifiers>
          <isin value="CA74167K1093"/>
          <ticker value="PMZ-U"/>
          <other otherDesc="SEDOL" value="BPCK370"/>
        </identifiers>
        <balance>19640.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3723500000"/>
        <valUSD>219534.0800000000</valUSD>
        <pctVal>0.0372846790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PRO Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>PRO Real Estate Investment Trust</title>
        <cusip>742694300</cusip>
        <identifiers>
          <isin value="CA7426943006"/>
          <ticker value="PRV-U"/>
          <other otherDesc="SEDOL" value="BK0WQX0"/>
        </identifiers>
        <balance>16.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3723500000"/>
        <valUSD>64.3600000000</valUSD>
        <pctVal>0.0000109306</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Prologis Inc</name>
        <lei>N/A</lei>
        <title>Prologis Inc</title>
        <cusip>74340W103</cusip>
        <identifiers>
          <isin value="US74340W1036"/>
          <ticker value="PLD"/>
          <other otherDesc="SEDOL" value="B44WZD7"/>
        </identifiers>
        <balance>299731.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32550786.6000000000</valUSD>
        <pctVal>5.5282789301</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Public Storage/new</name>
        <lei>N/A</lei>
        <title>Public Storage</title>
        <cusip>74460D109</cusip>
        <identifiers>
          <isin value="US74460D1090"/>
          <ticker value="PSA"/>
          <other otherDesc="SEDOL" value="2852533"/>
        </identifiers>
        <balance>54895.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16930166.9500000000</valUSD>
        <pctVal>2.8753432715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Realty Income Corp</name>
        <lei>549300CUWDAUZSH43859</lei>
        <title>Realty Income Corp</title>
        <cusip>756109104</cusip>
        <identifiers>
          <isin value="US7561091049"/>
          <ticker value="O"/>
          <other otherDesc="SEDOL" value="2724193"/>
        </identifiers>
        <balance>289514.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16392282.6800000000</valUSD>
        <pctVal>2.7839914307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Klepierre SA</name>
        <lei>969500PB4U31KEFHZ621</lei>
        <title>Klepierre SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000121964"/>
          <ticker value="LI"/>
          <other otherDesc="SEDOL" value="7582556"/>
        </identifiers>
        <balance>161402.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>6318495.3500000000</valUSD>
        <pctVal>1.0731047806</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Regency Centers Corp</name>
        <lei>N/A</lei>
        <title>Regency Centers Corp</title>
        <cusip>758849103</cusip>
        <identifiers>
          <isin value="US7588491032"/>
          <ticker value="REG"/>
          <other otherDesc="SEDOL" value="2726177"/>
        </identifiers>
        <balance>62711.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4524598.6500000000</valUSD>
        <pctVal>0.7684374480</pctVal>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rexford Industrial Realty Inc</name>
        <lei>549300MSLO0DF0EMX355</lei>
        <title>Rexford Industrial Realty Inc</title>
        <cusip>76169C100</cusip>
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          <isin value="US76169C1009"/>
          <ticker value="REXR"/>
          <other otherDesc="SEDOL" value="BC9ZHL9"/>
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        <balance>72939.0000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RioCan Real Estate Investment Trust</name>
        <lei>549300S8HVUSEU3JBY60</lei>
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        <cusip>766910103</cusip>
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          <isin value="CA7669101031"/>
          <ticker value="REI-U"/>
          <other otherDesc="SEDOL" value="2229610"/>
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        <balance>61759.0000000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Gecina SA</name>
        <lei>9695003E4MMA10IBTR26</lei>
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        <cusip>N/A</cusip>
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          <isin value="FR0010040865"/>
          <ticker value="GFC"/>
          <other otherDesc="SEDOL" value="7742468"/>
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        <balance>34512.0000000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ryman Hospitality Properties Inc</name>
        <lei>N/A</lei>
        <title>Ryman Hospitality Properties Inc</title>
        <cusip>78377T107</cusip>
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          <isin value="US78377T1079"/>
          <ticker value="RHP"/>
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        <balance>19307.0000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SBA Communications Corp</name>
        <lei>N/A</lei>
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          <isin value="US78410G1040"/>
          <ticker value="SBAC"/>
          <other otherDesc="SEDOL" value="BZ6TS23"/>
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        <balance>36401.0000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sabra Health Care REIT Inc</name>
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        <title>Sabra Health Care REIT Inc</title>
        <cusip>78573L106</cusip>
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          <isin value="US78573L1061"/>
          <ticker value="SBRA"/>
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        <balance>48565.0000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Simon Property Group Inc</name>
        <lei>N/A</lei>
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          <isin value="US8288061091"/>
          <ticker value="SPG"/>
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        <balance>103825.0000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SITE Centers Corp</name>
        <lei>W2AVA6SODOQ1LCYJQR54</lei>
        <title>SITE Centers Corp</title>
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          <isin value="US82981J8514"/>
          <ticker value="SITC"/>
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        <balance>11877.0000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SmartCentres Real Estate Investment Trust</name>
        <lei>549300HKEP2IYWZ14H97</lei>
        <title>SmartCentres Real Estate Investment Trust</title>
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          <isin value="CA83179X1087"/>
          <ticker value="SRU-U"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STAG Industrial Inc</name>
        <lei>549300QWYX2W6FASVQ07</lei>
        <title>STAG Industrial Inc</title>
        <cusip>85254J102</cusip>
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          <isin value="US85254J1025"/>
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          <other otherDesc="SEDOL" value="B64BRQ5"/>
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        <balance>60762.0000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sun Communities Inc</name>
        <lei>549300H5GEOJYN41ZG57</lei>
        <title>Sun Communities Inc</title>
        <cusip>866674104</cusip>
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          <isin value="US8666741041"/>
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        <balance>40907.0000000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sunstone Hotel Investors Inc</name>
        <lei>N/A</lei>
        <title>Sunstone Hotel Investors Inc</title>
        <cusip>867892101</cusip>
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          <isin value="US8678921011"/>
          <ticker value="SHO"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Tanger Inc</name>
        <lei>UKEW8YSXE4Y581KYOL30</lei>
        <title>Tanger Inc</title>
        <cusip>875465106</cusip>
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          <isin value="US8754651060"/>
          <ticker value="SKT"/>
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        <balance>35632.0000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Terreno Realty Corp</name>
        <lei>N/A</lei>
        <title>Terreno Realty Corp</title>
        <cusip>88146M101</cusip>
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          <isin value="US88146M1018"/>
          <ticker value="TRNO"/>
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        <balance>36600.0000000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>UDR Inc</name>
        <lei>P3CH2EG5X6Z1XWU1OO74</lei>
        <title>UDR Inc</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>VICI Properties Inc</name>
        <lei>N/A</lei>
        <title>VICI Properties Inc</title>
        <cusip>925652109</cusip>
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          <isin value="US9256521090"/>
          <ticker value="VICI"/>
          <other otherDesc="SEDOL" value="BYWH073"/>
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        <balance>347612.0000000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>WP Carey Inc</name>
        <lei>54930042CRNE713E3Q67</lei>
        <title>WP Carey Inc</title>
        <cusip>92936U109</cusip>
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          <ticker value="WPC"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ESR Kendall Square REIT Co Ltd</name>
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        <title>ESR Kendall Square REIT Co Ltd</title>
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        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Elme Communities</name>
        <lei>549300DI34BGS8LVKW95</lei>
        <title>Elme Communities</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Welltower Inc</name>
        <lei>254900F33BIAR82QTA19</lei>
        <title>Welltower Inc</title>
        <cusip>95040Q104</cusip>
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          <ticker value="WELL"/>
          <other otherDesc="SEDOL" value="BYVYHH4"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Xenia Hotels &amp; Resorts Inc</name>
        <lei>54930075IWIPHF5IQL62</lei>
        <title>Xenia Hotels &amp; Resorts Inc</title>
        <cusip>984017103</cusip>
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          <ticker value="XHR"/>
          <other otherDesc="SEDOL" value="BVV6CY1"/>
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        <balance>38137.0000000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mapletree Industrial Trust</name>
        <lei>549300R7WZFHXNKDJF41</lei>
        <title>Mapletree Industrial Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2C32962814"/>
          <ticker value="MINT"/>
          <other otherDesc="SEDOL" value="B4LR5Q8"/>
        </identifiers>
        <balance>961700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>1438451.9200000000</valUSD>
        <pctVal>0.2443001928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1072555.290000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mapletree Pan Asia Commercial Trust</name>
        <lei>549300BF18K4IC5LZ208</lei>
        <title>Mapletree Pan Asia Commercial Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2D18969584"/>
          <ticker value="MPACT"/>
          <other otherDesc="SEDOL" value="B5143W8"/>
        </identifiers>
        <balance>848500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>776879.9500000000</valUSD>
        <pctVal>0.1319417903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="575113.890000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pavilion Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>Pavilion Real Estate Investment Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5212TO004"/>
          <ticker value="PREIT"/>
          <other otherDesc="SEDOL" value="B79YDV3"/>
        </identifiers>
        <balance>822900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.2565000000"/>
        <valUSD>283952.6000000000</valUSD>
        <pctVal>0.0482252302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Argosy Property Ltd</name>
        <lei>N/A</lei>
        <title>Argosy Property Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZARGE0010S7"/>
          <ticker value="ARG"/>
          <other otherDesc="SEDOL" value="B6ZFBN1"/>
        </identifiers>
        <balance>145050.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6735000000"/>
        <valUSD>90225.3500000000</valUSD>
        <pctVal>0.0153234669</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Growthpoint Properties Ltd</name>
        <lei>37890019DD1E46632291</lei>
        <title>Growthpoint Properties Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000179420"/>
          <ticker value="GRT"/>
          <other otherDesc="SEDOL" value="BBGB5W0"/>
        </identifiers>
        <balance>1396080.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.9825000000"/>
        <valUSD>1048152.9500000000</valUSD>
        <pctVal>0.1780135743</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Prologis Property Mexico SA de CV</name>
        <lei>N/A</lei>
        <title>Prologis Property Mexico SA de CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXCFFI170008"/>
          <ticker value="FIBRAPL"/>
          <other otherDesc="SEDOL" value="BN56JP1"/>
        </identifiers>
        <balance>625358.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="19.3960000000"/>
        <valUSD>2385878.1200000000</valUSD>
        <pctVal>0.4052067897</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hyprop Investments Ltd</name>
        <lei>N/A</lei>
        <title>Hyprop Investments Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000190724"/>
          <ticker value="HYP"/>
          <other otherDesc="SEDOL" value="BN8SXL8"/>
        </identifiers>
        <balance>191737.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.9825000000"/>
        <valUSD>469659.3400000000</valUSD>
        <pctVal>0.0797648261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="164688.690000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Empiric Student Property PLC</name>
        <lei>213800FPF38IBPRFPU87</lei>
        <title>Empiric Student Property PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BLWDVR75"/>
          <ticker value="ESP"/>
          <other otherDesc="SEDOL" value="BLWDVR7"/>
        </identifiers>
        <balance>247144.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>321154.5400000000</valUSD>
        <pctVal>0.0545434400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Frasers Hospitality Trust</name>
        <lei>N/A</lei>
        <title>Frasers Hospitality Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1AA5000001"/>
          <ticker value="FHT"/>
          <other otherDesc="SEDOL" value="BNG6J61"/>
        </identifiers>
        <balance>215600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>116165.9000000000</valUSD>
        <pctVal>0.0197290930</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Keppel DC REIT</name>
        <lei>N/A</lei>
        <title>Keppel DC REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1AF6000009"/>
          <ticker value="KDCREIT"/>
          <other otherDesc="SEDOL" value="BT9Q186"/>
        </identifiers>
        <balance>651906.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>1105859.0200000000</valUSD>
        <pctVal>0.1878141132</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SA Corporate Real Estate Ltd</name>
        <lei>N/A</lei>
        <title>SA Corporate Real Estate Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000203238"/>
          <ticker value="SAC"/>
          <other otherDesc="SEDOL" value="BZ1C8N8"/>
        </identifiers>
        <balance>1001762.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.9825000000"/>
        <valUSD>172203.7900000000</valUSD>
        <pctVal>0.0292463158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nomura Real Estate Master Fund Inc</name>
        <lei>353800TNNZOQ1CPZE086</lei>
        <title>Nomura Real Estate Master Fund Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048110005"/>
          <ticker value="3462"/>
          <other otherDesc="SEDOL" value="BYSJJF4"/>
        </identifiers>
        <balance>1602.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>1608627.8800000000</valUSD>
        <pctVal>0.2732021110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Resilient REIT Ltd</name>
        <lei>N/A</lei>
        <title>Resilient REIT Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000209557"/>
          <ticker value="RES"/>
          <other otherDesc="SEDOL" value="BZ1MVY0"/>
        </identifiers>
        <balance>154613.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.9825000000"/>
        <valUSD>528662.5500000000</valUSD>
        <pctVal>0.0897856655</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="282794.630000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LaSalle Logiport REIT</name>
        <lei>353800II3DI1RPKBB314</lei>
        <title>LaSalle Logiport REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048180008"/>
          <ticker value="3466"/>
          <other otherDesc="SEDOL" value="BDD1L29"/>
        </identifiers>
        <balance>797.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>743026.9300000000</valUSD>
        <pctVal>0.1261923459</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Frasers Logistics &amp; Commercial Trust</name>
        <lei>N/A</lei>
        <title>Frasers Logistics &amp; Commercial Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1CI9000006"/>
          <ticker value="FLT"/>
          <other otherDesc="SEDOL" value="BYYFHZ2"/>
        </identifiers>
        <balance>1176400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>725445.9100000000</valUSD>
        <pctVal>0.1232064647</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="540502.760000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NewRiver REIT PLC</name>
        <lei>2138004GX1VAUMH66L31</lei>
        <title>NewRiver REIT PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BD7XPJ64"/>
          <ticker value="NRR"/>
          <other otherDesc="SEDOL" value="BD7XPJ6"/>
        </identifiers>
        <balance>116028.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>124942.7400000000</valUSD>
        <pctVal>0.0212197120</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Warehouses De Pauw CVA</name>
        <lei>549300HWDYC5JXC85138</lei>
        <title>Warehouses De Pauw CVA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974349814"/>
          <ticker value="WDP"/>
          <other otherDesc="SEDOL" value="BK8VQD9"/>
        </identifiers>
        <balance>80088.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>1953844.3600000000</valUSD>
        <pctVal>0.3318321225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Is Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>N/A</lei>
        <title>Is Gayrimenkul Yatirim Ortakligi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRAISGYO91Q3"/>
          <ticker value="ISGYO"/>
          <other otherDesc="SEDOL" value="B03MTW7"/>
        </identifiers>
        <balance>364398.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>134417.2800000000</valUSD>
        <pctVal>0.0228288252</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nurol Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>N/A</lei>
        <title>Nurol Gayrimenkul Yatirim Ortakligi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRANUGYO91Q9"/>
          <ticker value="NUGYO"/>
          <other otherDesc="SEDOL" value="B03MWM8"/>
        </identifiers>
        <balance>31926.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>5895.5900000000</valUSD>
        <pctVal>0.0010012804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vakif Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>N/A</lei>
        <title>Vakif Gayrimenkul Yatirim Ortakligi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRAVKGYO91Q3"/>
          <ticker value="VKGYO"/>
          <other otherDesc="SEDOL" value="B03MZ41"/>
        </identifiers>
        <balance>942394.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>44971.9800000000</valUSD>
        <pctVal>0.0076378385</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Heiwa Real Estate REIT Inc</name>
        <lei>N/A</lei>
        <title>Heiwa Real Estate REIT Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046220004"/>
          <ticker value="8966"/>
          <other otherDesc="SEDOL" value="B064LV3"/>
        </identifiers>
        <balance>427.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>378446.6300000000</valUSD>
        <pctVal>0.0642736704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Logistics Fund Inc</name>
        <lei>3538004KZWISCQO70151</lei>
        <title>Japan Logistics Fund Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046230003"/>
          <ticker value="8967"/>
          <other otherDesc="SEDOL" value="B07NL19"/>
        </identifiers>
        <balance>1059.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>672944.7300000000</valUSD>
        <pctVal>0.1142899008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fukuoka REIT Corp</name>
        <lei>N/A</lei>
        <title>Fukuoka REIT Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046240002"/>
          <ticker value="8968"/>
          <other otherDesc="SEDOL" value="B0B8154"/>
        </identifiers>
        <balance>298.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>339783.1700000000</valUSD>
        <pctVal>0.0577072426</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KDX Realty Investment Corp</name>
        <lei>353800FFT483NCIHFY42</lei>
        <title>KDX Realty Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046270009"/>
          <ticker value="8972"/>
          <other otherDesc="SEDOL" value="B0C5Q59"/>
        </identifiers>
        <balance>1679.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>1768873.9700000000</valUSD>
        <pctVal>0.3004175849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mapletree Logistics Trust</name>
        <lei>549300M9EBZIYH387075</lei>
        <title>Mapletree Logistics Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1S03926213"/>
          <ticker value="MLT"/>
          <other otherDesc="SEDOL" value="B0D6P43"/>
        </identifiers>
        <balance>1355000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>1166814.9600000000</valUSD>
        <pctVal>0.1981665954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="869103.400000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Starhill Global REIT</name>
        <lei>549300GCJNC7HDN3YK51</lei>
        <title>Starhill Global REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1S18926810"/>
          <ticker value="SGREIT"/>
          <other otherDesc="SEDOL" value="B0HZGR6"/>
        </identifiers>
        <balance>512500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>200507.8000000000</valUSD>
        <pctVal>0.0340533413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hankyu Hanshin REIT Inc</name>
        <lei>N/A</lei>
        <title>Hankyu Hanshin REIT Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046320002"/>
          <ticker value="8977"/>
          <other otherDesc="SEDOL" value="B0LLJ37"/>
        </identifiers>
        <balance>209.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>214823.0000000000</valUSD>
        <pctVal>0.0364845704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="157239.940000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mercialys SA</name>
        <lei>969500081CGAXB7YS433</lei>
        <title>Mercialys SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010241638"/>
          <ticker value="MERY"/>
          <other otherDesc="SEDOL" value="B0LMF87"/>
        </identifiers>
        <balance>91498.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>1149508.9500000000</valUSD>
        <pctVal>0.1952274207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ichigo Office REIT Investment Corp</name>
        <lei>N/A</lei>
        <title>Ichigo Office REIT Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046300004"/>
          <ticker value="8975"/>
          <other otherDesc="SEDOL" value="B0LNCF6"/>
        </identifiers>
        <balance>133.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>79529.9300000000</valUSD>
        <pctVal>0.0135070050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiwa Office Investment Corp</name>
        <lei>N/A</lei>
        <title>Daiwa Office Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046310003"/>
          <ticker value="8976"/>
          <other otherDesc="SEDOL" value="B0LNTF5"/>
        </identifiers>
        <balance>348.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>728896.3700000000</valUSD>
        <pctVal>0.1237924752</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="538059.320000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Link REIT</name>
        <lei>N/A</lei>
        <title>Link REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0823032773"/>
          <ticker value="823"/>
          <other otherDesc="SEDOL" value="B0PB4M7"/>
        </identifiers>
        <balance>1124211.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8411000000"/>
        <valUSD>5949587.6800000000</valUSD>
        <pctVal>1.0104511642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiwa House REIT Investment Corp</name>
        <lei>3538001FWU534P8JMO05</lei>
        <title>Daiwa House REIT Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046390005"/>
          <ticker value="8984"/>
          <other otherDesc="SEDOL" value="B0Z6WY0"/>
        </identifiers>
        <balance>934.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>1554704.0800000000</valUSD>
        <pctVal>0.2640439358</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Keppel REIT</name>
        <lei>N/A</lei>
        <title>Keppel REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1T22929874"/>
          <ticker value="KREIT"/>
          <other otherDesc="SEDOL" value="B12RQH4"/>
        </identifiers>
        <balance>972400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>640006.9500000000</valUSD>
        <pctVal>0.1086958967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Champion REIT</name>
        <lei>N/A</lei>
        <title>Champion REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK2778034606"/>
          <ticker value="2778"/>
          <other otherDesc="SEDOL" value="B14WZ47"/>
        </identifiers>
        <balance>510000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8411000000"/>
        <valUSD>130595.6000000000</valUSD>
        <pctVal>0.0221797683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Hotel REIT Investment Corp</name>
        <lei>353800L8KG849FP1JI68</lei>
        <title>Japan Hotel REIT Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046400002"/>
          <ticker value="8985"/>
          <other otherDesc="SEDOL" value="B1530B1"/>
        </identifiers>
        <balance>2446.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>1267582.7600000000</valUSD>
        <pctVal>0.2152805445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Charter Hall Group</name>
        <lei>N/A</lei>
        <title>Charter Hall Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CHC0"/>
          <ticker value="CHC"/>
          <other otherDesc="SEDOL" value="B15F6S6"/>
        </identifiers>
        <balance>213577.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>2504063.8400000000</valUSD>
        <pctVal>0.4252789199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Excellent Inc</name>
        <lei>N/A</lei>
        <title>Japan Excellent Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046420000"/>
          <ticker value="8987"/>
          <other otherDesc="SEDOL" value="B15T1R2"/>
        </identifiers>
        <balance>470.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>426546.3300000000</valUSD>
        <pctVal>0.0724427068</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiwa Securities Living Investments Corp</name>
        <lei>N/A</lei>
        <title>Daiwa Securities Living Investments Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046410001"/>
          <ticker value="8986"/>
          <other otherDesc="SEDOL" value="B15T1S3"/>
        </identifiers>
        <balance>808.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>527880.9400000000</valUSD>
        <pctVal>0.0896529203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Frasers Centrepoint Trust</name>
        <lei>5493002RGQ266FKERZ83</lei>
        <title>Frasers Centrepoint Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1T60930966"/>
          <ticker value="FCT"/>
          <other otherDesc="SEDOL" value="B17NZ47"/>
        </identifiers>
        <balance>430629.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>734622.5200000000</valUSD>
        <pctVal>0.1247649788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="544114.720000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Accommodations Fund Inc</name>
        <lei>N/A</lei>
        <title>Nippon Accommodations Fund Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046440008"/>
          <ticker value="3226"/>
          <other otherDesc="SEDOL" value="B182BB2"/>
        </identifiers>
        <balance>1310.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>1045478.1200000000</valUSD>
        <pctVal>0.1775592932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CDL Hospitality Trusts</name>
        <lei>N/A</lei>
        <title>CDL Hospitality Trusts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1T66931158"/>
          <ticker value="CDREIT"/>
          <other otherDesc="SEDOL" value="B192HG8"/>
        </identifiers>
        <balance>326200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>192102.0200000000</valUSD>
        <pctVal>0.0326257415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Montea NV</name>
        <lei>5493006K5LQDD0GK1T60</lei>
        <title>Montea NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003853703"/>
          <ticker value="MONT"/>
          <other otherDesc="SEDOL" value="B1FWD64"/>
        </identifiers>
        <balance>4654.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>343876.5900000000</valUSD>
        <pctVal>0.0584024506</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aedifica SA</name>
        <lei>529900DTKNXL0AXQFN28</lei>
        <title>Aedifica SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003851681"/>
          <ticker value="AED"/>
          <other otherDesc="SEDOL" value="B1G5XP1"/>
        </identifiers>
        <balance>21610.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>1633561.0800000000</valUSD>
        <pctVal>0.2774366534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mori Hills REIT Investment Corp</name>
        <lei>N/A</lei>
        <title>Mori Hills REIT Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046470005"/>
          <ticker value="3234"/>
          <other otherDesc="SEDOL" value="B1GF9P3"/>
        </identifiers>
        <balance>620.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>562100.2600000000</valUSD>
        <pctVal>0.0954645755</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>First Real Estate Investment Trust</name>
        <lei>549300SI6X0UQQINB286</lei>
        <title>First Real Estate Investment Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1U27933225"/>
          <ticker value="FIRT"/>
          <other otherDesc="SEDOL" value="B1L0H71"/>
        </identifiers>
        <balance>441400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>90954.5800000000</valUSD>
        <pctVal>0.0154473160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Safestore Holdings PLC</name>
        <lei>213800WGA3YSJC1YOH73</lei>
        <title>Safestore Holdings PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1N7Z094"/>
          <ticker value="SAFE"/>
          <other otherDesc="SEDOL" value="B1N7Z09"/>
        </identifiers>
        <balance>84139.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>745440.8900000000</valUSD>
        <pctVal>0.1266023220</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Reit 1 Ltd</name>
        <lei>N/A</lei>
        <title>Reit 1 Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0010989205"/>
          <ticker value="RIT1"/>
          <other otherDesc="SEDOL" value="B1NYV46"/>
        </identifiers>
        <balance>131599.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.5135000000"/>
        <valUSD>756565.6700000000</valUSD>
        <pctVal>0.1284917045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>alstria office REIT-AG</name>
        <lei>529900QIJIGPI0DRL085</lei>
        <title>alstria office REIT-AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A0LD2U1"/>
          <ticker value="AOX"/>
          <other otherDesc="SEDOL" value="B1VP947"/>
        </identifiers>
        <balance>14242.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>93792.2700000000</valUSD>
        <pctVal>0.0159292565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Parkway Life Real Estate Investment Trust</name>
        <lei>549300I4DKVD2OF5LW91</lei>
        <title>Parkway Life Real Estate Investment Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1V52937132"/>
          <ticker value="PREIT"/>
          <other otherDesc="SEDOL" value="B23WXW9"/>
        </identifiers>
        <balance>171500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>540924.5000000000</valUSD>
        <pctVal>0.0918681798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Industrial &amp; Infrastructure Fund Investment Corp</name>
        <lei>353800WCHFY04YKYCI19</lei>
        <title>Industrial &amp; Infrastructure Fund Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046500009"/>
          <ticker value="3249"/>
          <other otherDesc="SEDOL" value="B24HH65"/>
        </identifiers>
        <balance>716.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>586263.1700000000</valUSD>
        <pctVal>0.0995682952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kiler Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000D709M6PHNM3870</lei>
        <title>Kiler Gayrimenkul Yatirim Ortakligi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREKGYO00014"/>
          <ticker value="KLGYO"/>
          <other otherDesc="SEDOL" value="B3N8X13"/>
        </identifiers>
        <balance>286553.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>32449.8900000000</valUSD>
        <pctVal>0.0055111431</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Reysas Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000T4S7UQTKKLGO34</lei>
        <title>Reysas Gayrimenkul Yatirim Ortakligi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRERGYO00019"/>
          <ticker value="RYGYO"/>
          <other otherDesc="SEDOL" value="B3VKHD1"/>
        </identifiers>
        <balance>202336.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>66412.8900000000</valUSD>
        <pctVal>0.0112792660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Akfen Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>7890008YXK49WSBONQ90</lei>
        <title>Akfen Gayrimenkul Yatirim Ortakligi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREAKFG00012"/>
          <ticker value="AKFGY"/>
          <other otherDesc="SEDOL" value="B4MV0G4"/>
        </identifiers>
        <balance>950960.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>48765.4200000000</valUSD>
        <pctVal>0.0082820992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LondonMetric Property PLC</name>
        <lei>213800OCERWWPQDURL87</lei>
        <title>LondonMetric Property PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B4WFW713"/>
          <ticker value="LMP"/>
          <other otherDesc="SEDOL" value="B4WFW71"/>
        </identifiers>
        <balance>921970.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>2503223.6100000000</valUSD>
        <pctVal>0.4251362190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1873807.380000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Torunlar Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>N/A</lei>
        <title>Torunlar Gayrimenkul Yatirim Ortakligi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRETRGY00018"/>
          <ticker value="TRGYO"/>
          <other otherDesc="SEDOL" value="B4WW142"/>
        </identifiers>
        <balance>126910.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>200008.0700000000</valUSD>
        <pctVal>0.0339684694</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Carmila SA</name>
        <lei>222100P6D3QKU33LZQ72</lei>
        <title>Carmila SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010828137"/>
          <ticker value="CARM"/>
          <other otherDesc="SEDOL" value="B4Y0230"/>
        </identifiers>
        <balance>48164.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>1020755.3100000000</valUSD>
        <pctVal>0.1733604826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Emlak Konut Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>N/A</lei>
        <title>Emlak Konut Gayrimenkul Yatirim Ortakligi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREEGYO00017"/>
          <ticker value="EKGYO"/>
          <other otherDesc="SEDOL" value="B586565"/>
        </identifiers>
        <balance>934191.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>333247.8800000000</valUSD>
        <pctVal>0.0565973184</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AIMS APAC REIT</name>
        <lei>549300MGNQOBQ3KVN734</lei>
        <title>AIMS APAC REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2D63974620"/>
          <ticker value="AAREIT"/>
          <other otherDesc="SEDOL" value="B58DLN5"/>
        </identifiers>
        <balance>235150.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>237142.9700000000</valUSD>
        <pctVal>0.0402752935</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Segro PLC</name>
        <lei>213800XC35KGM9NFC641</lei>
        <title>Segro PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B5ZN1N88"/>
          <ticker value="SGRO"/>
          <other otherDesc="SEDOL" value="B5ZN1N8"/>
        </identifiers>
        <balance>525593.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>4942786.3500000000</valUSD>
        <pctVal>0.8394605627</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sabana Industrial Real Estate Investment Trust</name>
        <lei>5493005OCDJ0XQ8KGS87</lei>
        <title>Sabana Industrial Real Estate Investment Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2C57965205"/>
          <ticker value="SSREIT"/>
          <other otherDesc="SEDOL" value="B61ZCY3"/>
        </identifiers>
        <balance>41000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>11911.8900000000</valUSD>
        <pctVal>0.0020230617</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shaftesbury Capital PLC</name>
        <lei>549300TTXXZ1SHUI0D54</lei>
        <title>Shaftesbury Capital PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B62G9D36"/>
          <ticker value="SHC"/>
          <other otherDesc="SEDOL" value="B62G9D3"/>
        </identifiers>
        <balance>635476.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>1261611.6200000000</valUSD>
        <pctVal>0.2142664330</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sunway Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>Sunway Real Estate Investment Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5176TO001"/>
          <ticker value="SREIT"/>
          <other otherDesc="SEDOL" value="B62QFR9"/>
        </identifiers>
        <balance>726900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.2565000000"/>
        <valUSD>345091.2700000000</valUSD>
        <pctVal>0.0586087464</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Advance Residence Investment Corp</name>
        <lei>N/A</lei>
        <title>Advance Residence Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047160001"/>
          <ticker value="3269"/>
          <other otherDesc="SEDOL" value="B62WZW2"/>
        </identifiers>
        <balance>1188.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>1220612.2700000000</valUSD>
        <pctVal>0.2073032882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Social Housing Reit PLC</name>
        <lei>213800BERVBS2HFTBC58</lei>
        <title>Social Housing Reit PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BF0P7H59"/>
          <ticker value="SOHO"/>
          <other otherDesc="SEDOL" value="BF0P7H5"/>
        </identifiers>
        <balance>77162.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>72701.1000000000</valUSD>
        <pctVal>0.0123472273</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unibail-Rodamco-Westfield</name>
        <lei>N/A</lei>
        <title>Unibail-Rodamco-Westfield</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0013326246"/>
          <ticker value="URW"/>
          <other otherDesc="SEDOL" value="BF2PQ09"/>
        </identifiers>
        <balance>10597.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>1005021.5300000000</valUSD>
        <pctVal>0.1706883283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Supermarket Income Reit PLC</name>
        <lei>2138007FOINJKAM7L537</lei>
        <title>Supermarket Income Reit PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BF345X11"/>
          <ticker value="SUPR"/>
          <other otherDesc="SEDOL" value="BF345X1"/>
        </identifiers>
        <balance>444780.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>491977.0200000000</valUSD>
        <pctVal>0.0835551603</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi Estate Logistics REIT Investment Corp</name>
        <lei>N/A</lei>
        <title>Mitsubishi Estate Logistics REIT Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048480002"/>
          <ticker value="3481"/>
          <other otherDesc="SEDOL" value="BF46Y06"/>
        </identifiers>
        <balance>683.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>554305.1500000000</valUSD>
        <pctVal>0.0941406891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="402165.220000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Great Portland Estates PLC</name>
        <lei>213800JMEDD2Q4N1MC42</lei>
        <title>Great Portland Estates PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BF5H9P87"/>
          <ticker value="GPE"/>
          <other otherDesc="SEDOL" value="BF5H9P8"/>
        </identifiers>
        <balance>180146.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>822043.7000000000</valUSD>
        <pctVal>0.1396121981</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AEON REIT Investment Corp</name>
        <lei>353800P59F8MJB4FE788</lei>
        <title>AEON REIT Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047650001"/>
          <ticker value="3292"/>
          <other otherDesc="SEDOL" value="BFSSCF9"/>
        </identifiers>
        <balance>617.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>536032.2500000000</valUSD>
        <pctVal>0.0910373021</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CRE Logistics REIT Inc</name>
        <lei>N/A</lei>
        <title>CRE Logistics REIT Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048680007"/>
          <ticker value="3487"/>
          <other otherDesc="SEDOL" value="BFXZ9X2"/>
        </identifiers>
        <balance>236.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>242380.3100000000</valUSD>
        <pctVal>0.0411647797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CapitaLand Ascott Trust</name>
        <lei>549300W6RTG7Y32IWY65</lei>
        <title>CapitaLand Ascott Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXC16332337"/>
          <ticker value="CLAS"/>
          <other otherDesc="SEDOL" value="BG0RZ29"/>
        </identifiers>
        <balance>1230900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>815165.5000000000</valUSD>
        <pctVal>0.1384440356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOSiLA Logistics REIT Inc</name>
        <lei>N/A</lei>
        <title>SOSiLA Logistics REIT Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048960003"/>
          <ticker value="2979"/>
          <other otherDesc="SEDOL" value="BG0WNL9"/>
        </identifiers>
        <balance>282.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>215335.6500000000</valUSD>
        <pctVal>0.0365716365</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tritax Big Box REIT PLC</name>
        <lei>213800L6X88MIYPVR714</lei>
        <title>Tritax Big Box REIT PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BG49KP99"/>
          <ticker value="BBOX"/>
          <other otherDesc="SEDOL" value="BG49KP9"/>
        </identifiers>
        <balance>867769.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>1719416.0700000000</valUSD>
        <pctVal>0.2920178781</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>National Storage REIT</name>
        <lei>N/A</lei>
        <title>National Storage REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000NSR2"/>
          <ticker value="NSR"/>
          <other otherDesc="SEDOL" value="BGP6479"/>
        </identifiers>
        <balance>613669.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>913980.5300000000</valUSD>
        <pctVal>0.1552263350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GDI Property Group Partnership</name>
        <lei>N/A</lei>
        <title>GDI Property Group Partnership</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000GDI7"/>
          <ticker value="GDI"/>
          <other otherDesc="SEDOL" value="BHB0NV9"/>
        </identifiers>
        <balance>63079.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>28053.4100000000</valUSD>
        <pctVal>0.0047644648</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Charter Hall Social Infrastructure REIT</name>
        <lei>N/A</lei>
        <title>Charter Hall Social Infrastructure REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000030645"/>
          <ticker value="CQE"/>
          <other otherDesc="SEDOL" value="BHJVMY0"/>
        </identifiers>
        <balance>148626.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>283615.0300000000</valUSD>
        <pctVal>0.0481678988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ESCON Japan Reit Investment Corp</name>
        <lei>N/A</lei>
        <title>ESCON Japan Reit Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048810000"/>
          <ticker value="2971"/>
          <other otherDesc="SEDOL" value="BHPBWR7"/>
        </identifiers>
        <balance>63.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>50716.6600000000</valUSD>
        <pctVal>0.0086134890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hulic Reit Inc</name>
        <lei>N/A</lei>
        <title>Hulic Reit Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047660000"/>
          <ticker value="3295"/>
          <other otherDesc="SEDOL" value="BJ04C42"/>
        </identifiers>
        <balance>140.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>147075.1700000000</valUSD>
        <pctVal>0.0249785842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Irish Residential Properties REIT PLC</name>
        <lei>635400EOPACLULRENY18</lei>
        <title>Irish Residential Properties REIT PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BJ34P519"/>
          <ticker value="IRES"/>
          <other otherDesc="SEDOL" value="BJ34P51"/>
        </identifiers>
        <balance>285855.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>348522.1400000000</valUSD>
        <pctVal>0.0591914299</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Custodian Property Income Reit PLC</name>
        <lei>2138001BOD1J5XK1CX76</lei>
        <title>Custodian Property Income Reit PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BJFLFT45"/>
          <ticker value="CREI"/>
          <other otherDesc="SEDOL" value="BJFLFT4"/>
        </identifiers>
        <balance>179674.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>200952.9100000000</valUSD>
        <pctVal>0.0341289368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Target Healthcare REIT PLC</name>
        <lei>213800RXPY9WULUSBC04</lei>
        <title>Target Healthcare REIT PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BJGTLF51"/>
          <ticker value="THRL"/>
          <other otherDesc="SEDOL" value="BJGTLF5"/>
        </identifiers>
        <balance>299859.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>402270.3000000000</valUSD>
        <pctVal>0.0683197752</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Embassy Office Parks REIT</name>
        <lei>335800O555A557E43Z08</lei>
        <title>Embassy Office Parks REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE041025011"/>
          <ticker value="EMBASSY"/>
          <other otherDesc="SEDOL" value="BJH4V15"/>
        </identifiers>
        <balance>562740.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.5750000000"/>
        <valUSD>2509779.0200000000</valUSD>
        <pctVal>0.4262495603</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HMC Capital Ltd</name>
        <lei>9845005E59E4DCFA1C33</lei>
        <title>HMC Capital Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000058943"/>
          <ticker value="HMC"/>
          <other otherDesc="SEDOL" value="BJRBL61"/>
        </identifiers>
        <balance>102373.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>333167.2200000000</valUSD>
        <pctVal>0.0565836195</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rural Funds Trust</name>
        <lei>N/A</lei>
        <title>Rural Funds Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000RFF5"/>
          <ticker value="RFF"/>
          <other otherDesc="SEDOL" value="BJVD378"/>
        </identifiers>
        <balance>75718.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>85638.2400000000</valUSD>
        <pctVal>0.0145444128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="63709.100000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lendlease Global Commercial REIT</name>
        <lei>N/A</lei>
        <title>Lendlease Global Commercial REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXC61949712"/>
          <ticker value="LREIT"/>
          <other otherDesc="SEDOL" value="BKBPXB5"/>
        </identifiers>
        <balance>638054.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>234998.2900000000</valUSD>
        <pctVal>0.0399110507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="175155.150000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ronesans Gayrimenkul Yatirim AS</name>
        <lei>7890008JA2W8356X5A38</lei>
        <title>Ronesans Gayrimenkul Yatirim AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRERSGY00036"/>
          <ticker value="RGYAS"/>
          <other otherDesc="SEDOL" value="BKSBSR7"/>
        </identifiers>
        <balance>26421.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>82063.4700000000</valUSD>
        <pctVal>0.0139372900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LOTTE Reit Co Ltd</name>
        <lei>N/A</lei>
        <title>LOTTE Reit Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7330590001"/>
          <ticker value="330590"/>
          <other otherDesc="SEDOL" value="BKTPM65"/>
        </identifiers>
        <balance>92877.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1379.7000000000"/>
        <valUSD>250386.4700000000</valUSD>
        <pctVal>0.0425245099</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Care Property Invest NV</name>
        <lei>54930096UUTCOUCQDU64</lei>
        <title>Care Property Invest NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974273055"/>
          <ticker value="CPINV"/>
          <other otherDesc="SEDOL" value="BKXNCS7"/>
        </identifiers>
        <balance>18398.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>259435.3100000000</valUSD>
        <pctVal>0.0440613241</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NIPPON REIT Investment Corp</name>
        <lei>3538004O49OJ90PEXX85</lei>
        <title>NIPPON REIT Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047750009"/>
          <ticker value="3296"/>
          <other otherDesc="SEDOL" value="BLC7414"/>
        </identifiers>
        <balance>378.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>227375.9500000000</valUSD>
        <pctVal>0.0386165068</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RL Commercial REIT Inc</name>
        <lei>N/A</lei>
        <title>RL Commercial REIT Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PHY7319E1039"/>
          <ticker value="RCR"/>
          <other otherDesc="SEDOL" value="BLFMKR4"/>
        </identifiers>
        <balance>1384500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="55.7950000000"/>
        <valUSD>163298.1700000000</valUSD>
        <pctVal>0.0277338254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Scentre Group</name>
        <lei>N/A</lei>
        <title>Scentre Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SCG8"/>
          <ticker value="SCG"/>
          <other otherDesc="SEDOL" value="BLZH0Z7"/>
        </identifiers>
        <balance>375861.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>889927.4500000000</valUSD>
        <pctVal>0.1511412683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Brookfield India Real Estate Trust</name>
        <lei>335800MCXUOZ6TVFEQ25</lei>
        <title>Brookfield India Real Estate Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE0FDU25010"/>
          <ticker value="BIRET"/>
          <other otherDesc="SEDOL" value="BM98T78"/>
        </identifiers>
        <balance>17375.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.5750000000"/>
        <valUSD>62148.1500000000</valUSD>
        <pctVal>0.0105549618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Koramco Life Infra Reit Co Ltd</name>
        <lei>N/A</lei>
        <title>Koramco Life Infra Reit Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7357120005"/>
          <ticker value="357120"/>
          <other otherDesc="SEDOL" value="BMD7TC6"/>
        </identifiers>
        <balance>13295.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1379.7000000000"/>
        <valUSD>42285.4500000000</valUSD>
        <pctVal>0.0071815703</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Redefine Properties Ltd</name>
        <lei>37890061EC026A7DA532</lei>
        <title>Redefine Properties Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000190252"/>
          <ticker value="RDF"/>
          <other otherDesc="SEDOL" value="BMP3858"/>
        </identifiers>
        <balance>2101102.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.9825000000"/>
        <valUSD>547169.1400000000</valUSD>
        <pctVal>0.0929287413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="354692.300000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kizilbuk Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000RHU51T0G6SPL20</lei>
        <title>Kizilbuk Gayrimenkul Yatirim Ortakligi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREKZBG00026"/>
          <ticker value="KZBGY"/>
          <other otherDesc="SEDOL" value="BMVFFG8"/>
        </identifiers>
        <balance>123295.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>30674.7600000000</valUSD>
        <pctVal>0.0052096630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JR Global Reit</name>
        <lei>N/A</lei>
        <title>JR Global Reit</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7348950007"/>
          <ticker value="348950"/>
          <other otherDesc="SEDOL" value="BMXTQP4"/>
        </identifiers>
        <balance>108884.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1379.7000000000"/>
        <valUSD>219260.1100000000</valUSD>
        <pctVal>0.0372381491</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SK REITs Co Ltd</name>
        <lei>N/A</lei>
        <title>SK REITs Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7395400005"/>
          <ticker value="395400"/>
          <other otherDesc="SEDOL" value="BMYH2M6"/>
        </identifiers>
        <balance>70434.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1379.7000000000"/>
        <valUSD>246003.0500000000</valUSD>
        <pctVal>0.0417800496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eurocommercial Properties NV</name>
        <lei>724500SFK53FPNM68L95</lei>
        <title>Eurocommercial Properties NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0015000K93"/>
          <ticker value="ECMPA"/>
          <other otherDesc="SEDOL" value="BMZ4R21"/>
        </identifiers>
        <balance>15703.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>488826.5600000000</valUSD>
        <pctVal>0.0830201004</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adra Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>9845006968B7F1AJXB44</lei>
        <title>Adra Gayrimenkul Yatirim Ortakligi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREADRA00023"/>
          <ticker value="ADGYO"/>
          <other otherDesc="SEDOL" value="BN4NH93"/>
        </identifiers>
        <balance>29312.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>20934.9200000000</valUSD>
        <pctVal>0.0035554925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Equites Property Fund Ltd</name>
        <lei>N/A</lei>
        <title>Equites Property Fund Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000188843"/>
          <ticker value="EQU"/>
          <other otherDesc="SEDOL" value="BN898F0"/>
        </identifiers>
        <balance>375493.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.9825000000"/>
        <valUSD>347975.2600000000</valUSD>
        <pctVal>0.0590985503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HomeCo Daily Needs REIT</name>
        <lei>N/A</lei>
        <title>HomeCo Daily Needs REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000113136"/>
          <ticker value="HDN"/>
          <other otherDesc="SEDOL" value="BNC0NF4"/>
        </identifiers>
        <balance>711642.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>584982.7100000000</valUSD>
        <pctVal>0.0993508277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ziraat Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000MO4TRW4909N793</lei>
        <title>Ziraat Gayrimenkul Yatirim Ortakligi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREZRGY00023"/>
          <ticker value="ZRGYO"/>
          <other otherDesc="SEDOL" value="BNG2TV4"/>
        </identifiers>
        <balance>540909.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>347467.1600000000</valUSD>
        <pctVal>0.0590122569</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Merlin Properties Socimi SA</name>
        <lei>959800L8KD863DP30X04</lei>
        <title>Merlin Properties Socimi SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0105025003"/>
          <ticker value="MRL"/>
          <other otherDesc="SEDOL" value="BNGNB77"/>
        </identifiers>
        <balance>130522.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>1617060.2600000000</valUSD>
        <pctVal>0.2746342285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HealthCo REIT</name>
        <lei>N/A</lei>
        <title>HealthCo REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000169302"/>
          <ticker value="HCW"/>
          <other otherDesc="SEDOL" value="BNHNN03"/>
        </identifiers>
        <balance>170321.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>97770.4100000000</valUSD>
        <pctVal>0.0166048859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tokaido REIT Inc</name>
        <lei>N/A</lei>
        <title>Tokaido REIT Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3049110004"/>
          <ticker value="2989"/>
          <other otherDesc="SEDOL" value="BNNR0Z3"/>
        </identifiers>
        <balance>90.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>66731.0400000000</valUSD>
        <pctVal>0.0113332992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>D&amp;D Platform REIT Co Ltd</name>
        <lei>N/A</lei>
        <title>D&amp;D Platform REIT Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7377190004"/>
          <ticker value="377190"/>
          <other otherDesc="SEDOL" value="BNNWWN0"/>
        </identifiers>
        <balance>117.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1379.7000000000"/>
        <valUSD>276.8400000000</valUSD>
        <pctVal>0.0000470173</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dexus Industria REIT</name>
        <lei>N/A</lei>
        <title>Dexus Industria REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000192833"/>
          <ticker value="DXI"/>
          <other otherDesc="SEDOL" value="BP2RQ94"/>
        </identifiers>
        <balance>67240.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>123463.4900000000</valUSD>
        <pctVal>0.0209684828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asce Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000OZVH03NPTZZG78</lei>
        <title>Asce Gayrimenkul Yatirim Ortakligi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREASCE00033"/>
          <ticker value="ASGYO"/>
          <other otherDesc="SEDOL" value="BP83MX2"/>
        </identifiers>
        <balance>57498.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>15244.3200000000</valUSD>
        <pctVal>0.0025890266</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Region Group</name>
        <lei>N/A</lei>
        <title>Region Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000253502"/>
          <ticker value="RGN"/>
          <other otherDesc="SEDOL" value="BPBMY63"/>
        </identifiers>
        <balance>468328.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>715802.3700000000</valUSD>
        <pctVal>0.1215686493</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vukile Property Fund Ltd</name>
        <lei>549300BDQAETROOTKO37</lei>
        <title>Vukile Property Fund Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000180865"/>
          <ticker value="VKE"/>
          <other otherDesc="SEDOL" value="BTLK2B6"/>
        </identifiers>
        <balance>617155.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.9825000000"/>
        <valUSD>688229.1900000000</valUSD>
        <pctVal>0.1168857446</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Assura PLC</name>
        <lei>21380026T19N2Y52XF72</lei>
        <title>Assura PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BVGBWW93"/>
          <ticker value="AGR"/>
          <other otherDesc="SEDOL" value="BVGBWW9"/>
        </identifiers>
        <balance>170378.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>113406.3600000000</valUSD>
        <pctVal>0.0192604252</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Health Care &amp; Medical Investment Corp</name>
        <lei>N/A</lei>
        <title>Health Care &amp; Medical Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047910009"/>
          <ticker value="3455"/>
          <other otherDesc="SEDOL" value="BVVFD01"/>
        </identifiers>
        <balance>177.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>138025.2100000000</valUSD>
        <pctVal>0.0234415798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AEW UK REIT PLC</name>
        <lei>21380073LDXHV2LP5K50</lei>
        <title>AEW UK REIT PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BWD24154"/>
          <ticker value="AEWU"/>
          <other otherDesc="SEDOL" value="BWD2415"/>
        </identifiers>
        <balance>53055.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>72187.8800000000</valUSD>
        <pctVal>0.0122600643</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vicinity Centres</name>
        <lei>N/A</lei>
        <title>Vicinity Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000VCX7"/>
          <ticker value="VCX"/>
          <other otherDesc="SEDOL" value="BY7QXS7"/>
        </identifiers>
        <balance>1672006.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>2655490.6300000000</valUSD>
        <pctVal>0.4509965636</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stor-Age Property REIT Ltd</name>
        <lei>378900F5910D22484890</lei>
        <title>Stor-Age Property REIT Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000208963"/>
          <ticker value="SSS"/>
          <other otherDesc="SEDOL" value="BYPJX22"/>
        </identifiers>
        <balance>94822.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.9825000000"/>
        <valUSD>84127.3000000000</valUSD>
        <pctVal>0.0142878016</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ichigo Hotel REIT Investment Corp</name>
        <lei>N/A</lei>
        <title>Ichigo Hotel REIT Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048160000"/>
          <ticker value="3463"/>
          <other otherDesc="SEDOL" value="BYQL3F0"/>
        </identifiers>
        <balance>62.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>52662.1000000000</valUSD>
        <pctVal>0.0089438938</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Primary Health Properties PLC</name>
        <lei>213800Y5CJHXOATK7X11</lei>
        <title>Primary Health Properties PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYRJ5J14"/>
          <ticker value="PHP"/>
          <other otherDesc="SEDOL" value="BYRJ5J1"/>
        </identifiers>
        <balance>197.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>267.3500000000</valUSD>
        <pctVal>0.0000454055</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Urban Logistics REIT PLC</name>
        <lei>213800P6ODJW2UFNDC37</lei>
        <title>Urban Logistics REIT PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYV8MN78"/>
          <ticker value="SHED"/>
          <other otherDesc="SEDOL" value="BYV8MN7"/>
        </identifiers>
        <balance>199089.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>428831.6700000000</valUSD>
        <pctVal>0.0728308386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="119293.660000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Land Securities Group PLC</name>
        <lei>213800V8IAVKS37D6B88</lei>
        <title>Land Securities Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYW0PQ60"/>
          <ticker value="LAND"/>
          <other otherDesc="SEDOL" value="BYW0PQ6"/>
        </identifiers>
        <balance>276284.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>2359226.0300000000</valUSD>
        <pctVal>0.4006803188</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Menivim- The New REIT Ltd</name>
        <lei>N/A</lei>
        <title>Menivim- The New REIT Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011405730"/>
          <ticker value="MNRT"/>
          <other otherDesc="SEDOL" value="BYX1QT8"/>
        </identifiers>
        <balance>220064.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.5135000000"/>
        <valUSD>120623.6900000000</valUSD>
        <pctVal>0.0204861840</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Hotel &amp; Residential Investment Corp</name>
        <lei>N/A</lei>
        <title>Nippon Hotel &amp; Residential Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048310001"/>
          <ticker value="3472"/>
          <other otherDesc="SEDOL" value="BYY57L8"/>
        </identifiers>
        <balance>50.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>23108.7200000000</valUSD>
        <pctVal>0.0039246809</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Star Asia Investment Corp</name>
        <lei>N/A</lei>
        <title>Star Asia Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048200004"/>
          <ticker value="3468"/>
          <other otherDesc="SEDOL" value="BYYJ8J5"/>
        </identifiers>
        <balance>672.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>262591.4000000000</valUSD>
        <pctVal>0.0445973402</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsui Fudosan Logistics Park Inc</name>
        <lei>N/A</lei>
        <title>Mitsui Fudosan Logistics Park Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048300002"/>
          <ticker value="3471"/>
          <other otherDesc="SEDOL" value="BYZWTW3"/>
        </identifiers>
        <balance>1282.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>904686.2100000000</valUSD>
        <pctVal>0.1536478296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Xior Student Housing NV</name>
        <lei>549300JK7HFOCP0U8K85</lei>
        <title>Xior Student Housing NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974288202"/>
          <ticker value="XIOR"/>
          <other otherDesc="SEDOL" value="BZ1NNF8"/>
        </identifiers>
        <balance>24.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>812.6900000000</valUSD>
        <pctVal>0.0001380236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NSI NV</name>
        <lei>724500I77C30W2LZZJ03</lei>
        <title>NSI NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0012365084"/>
          <ticker value="NSI"/>
          <other otherDesc="SEDOL" value="BZBY737"/>
        </identifiers>
        <balance>8152.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>211099.3500000000</valUSD>
        <pctVal>0.0358521624</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="78490.950000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Iron Mountain Inc</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>Iron Mountain Inc</title>
        <cusip>46284V101</cusip>
        <identifiers>
          <isin value="US46284V1017"/>
          <ticker value="IRM"/>
          <other otherDesc="SEDOL" value="BVFTF03"/>
        </identifiers>
        <balance>98636.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9736359.5600000000</valUSD>
        <pctVal>1.6535794380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Altarea SCA</name>
        <lei>969500ICGCY1PD6OT783</lei>
        <title>Altarea SCA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000033219"/>
          <ticker value="ALTA"/>
          <other otherDesc="SEDOL" value="4821638"/>
        </identifiers>
        <balance>2626.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>306605.3000000000</valUSD>
        <pctVal>0.0520724627</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Killam Apartment Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>Killam Apartment Real Estate Investment Trust</title>
        <cusip>49410M102</cusip>
        <identifiers>
          <isin value="CA49410M1023"/>
          <ticker value="KMP-U"/>
          <other otherDesc="SEDOL" value="BYZ1856"/>
        </identifiers>
        <balance>23499.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3723500000"/>
        <valUSD>333217.1400000000</valUSD>
        <pctVal>0.0565920977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kimco Realty Corp</name>
        <lei>549300EA7I6T15IBYS12</lei>
        <title>Kimco Realty Corp</title>
        <cusip>49446R109</cusip>
        <identifiers>
          <isin value="US49446R1095"/>
          <ticker value="KIM"/>
          <other otherDesc="SEDOL" value="2491594"/>
        </identifiers>
        <balance>208948.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4442234.4800000000</valUSD>
        <pctVal>0.7544490884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wereldhave NV</name>
        <lei>724500YRQCY3BD9RJZ92</lei>
        <title>Wereldhave NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0000289213"/>
          <ticker value="WHA"/>
          <other otherDesc="SEDOL" value="4948623"/>
        </identifiers>
        <balance>15537.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>306595.8800000000</valUSD>
        <pctVal>0.0520708628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kite Realty Group Trust</name>
        <lei>N/A</lei>
        <title>Kite Realty Group Trust</title>
        <cusip>49803T300</cusip>
        <identifiers>
          <isin value="US49803T3005"/>
          <ticker value="KRG"/>
          <other otherDesc="SEDOL" value="BPBSZJ1"/>
        </identifiers>
        <balance>73083.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1616595.9600000000</valUSD>
        <pctVal>0.2745553739</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LTC Properties Inc</name>
        <lei>549300NRZP8IJG2KY677</lei>
        <title>LTC Properties Inc</title>
        <cusip>502175102</cusip>
        <identifiers>
          <isin value="US5021751020"/>
          <ticker value="LTC"/>
          <other otherDesc="SEDOL" value="2498788"/>
        </identifiers>
        <balance>17572.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>621873.0800000000</valUSD>
        <pctVal>0.1056161219</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lamar Advertising Co</name>
        <lei>N/A</lei>
        <title>Lamar Advertising Co</title>
        <cusip>512816109</cusip>
        <identifiers>
          <isin value="US5128161099"/>
          <ticker value="LAMR"/>
          <other otherDesc="SEDOL" value="BSPHGN6"/>
        </identifiers>
        <balance>30815.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3714440.1000000000</valUSD>
        <pctVal>0.6308437702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LXP Industrial Trust</name>
        <lei>549300S4MH2ICXDBFV43</lei>
        <title>LXP Industrial Trust</title>
        <cusip>529043101</cusip>
        <identifiers>
          <isin value="US5290431015"/>
          <ticker value="LXP"/>
          <other otherDesc="SEDOL" value="2139151"/>
        </identifiers>
        <balance>110859.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>951170.2200000000</valUSD>
        <pctVal>0.1615424644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lineage Inc</name>
        <lei>N/A</lei>
        <title>Lineage Inc</title>
        <cusip>53566V106</cusip>
        <identifiers>
          <isin value="US53566V1061"/>
          <ticker value="LINE"/>
          <other otherDesc="SEDOL" value="BP5DSY8"/>
        </identifiers>
        <balance>15158.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>647095.0200000000</valUSD>
        <pctVal>0.1098997025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="256182.340000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Retail Estates NV</name>
        <lei>5493007CO5W5OBFG7L21</lei>
        <title>Retail Estates NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003720340"/>
          <ticker value="RET"/>
          <other otherDesc="SEDOL" value="5438361"/>
        </identifiers>
        <balance>5726.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>420273.4500000000</valUSD>
        <pctVal>0.0713773491</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vastned NV</name>
        <lei>54930068RSC6OT68NE51</lei>
        <title>Vastned NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003754687"/>
          <ticker value="VASTB"/>
          <other otherDesc="SEDOL" value="5847086"/>
        </identifiers>
        <balance>1209.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>43007.2700000000</valUSD>
        <pctVal>0.0073041610</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mid-America Apartment Communities Inc</name>
        <lei>549300FQZKFR5YNSHZ21</lei>
        <title>Mid-America Apartment Communities Inc</title>
        <cusip>59522J103</cusip>
        <identifiers>
          <isin value="US59522J1034"/>
          <ticker value="MAA"/>
          <other otherDesc="SEDOL" value="2589132"/>
        </identifiers>
        <balance>38515.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6033374.7500000000</valUSD>
        <pctVal>1.0246811826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Minto Apartment Real Estate Investment Trust</name>
        <lei>8945004CL5S09C4BXW65</lei>
        <title>Minto Apartment Real Estate Investment Trust</title>
        <cusip>60448E103</cusip>
        <identifiers>
          <isin value="CA60448E1034"/>
          <ticker value="MI-U"/>
          <other otherDesc="SEDOL" value="BD6JMH2"/>
        </identifiers>
        <balance>8196.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3723500000"/>
        <valUSD>85701.6100000000</valUSD>
        <pctVal>0.0145551753</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Precinct Properties New Zealand Ltd</name>
        <lei>N/A</lei>
        <title>Precinct Properties New Zealand Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZAPTE0001S3"/>
          <ticker value="2291020D"/>
          <other otherDesc="SEDOL" value="6093275"/>
        </identifiers>
        <balance>414405.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6735000000"/>
        <valUSD>287312.3000000000</valUSD>
        <pctVal>0.0487958265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="27765.760000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BWP Trust</name>
        <lei>N/A</lei>
        <title>BWP Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000BWP3"/>
          <ticker value="BWP"/>
          <other otherDesc="SEDOL" value="6127453"/>
        </identifiers>
        <balance>253307.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>578271.9500000000</valUSD>
        <pctVal>0.0982111024</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mirvac Group</name>
        <lei>N/A</lei>
        <title>Mirvac Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000MGR9"/>
          <ticker value="MGR"/>
          <other otherDesc="SEDOL" value="6161978"/>
        </identifiers>
        <balance>1759335.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>2621221.4600000000</valUSD>
        <pctVal>0.4451764422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vital Healthcare Property Trust</name>
        <lei>N/A</lei>
        <title>Vital Healthcare Property Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZCHPE0001S4"/>
          <ticker value="VHP"/>
          <other otherDesc="SEDOL" value="6173843"/>
        </identifiers>
        <balance>110958.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6735000000"/>
        <valUSD>127674.0400000000</valUSD>
        <pctVal>0.0216835837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Charter Hall Retail REIT</name>
        <lei>N/A</lei>
        <title>Charter Hall Retail REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CQR9"/>
          <ticker value="CQR"/>
          <other otherDesc="SEDOL" value="6225595"/>
        </identifiers>
        <balance>236213.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>599924.6800000000</valUSD>
        <pctVal>0.1018885045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UMH Properties Inc</name>
        <lei>N/A</lei>
        <title>UMH Properties Inc</title>
        <cusip>903002103</cusip>
        <identifiers>
          <isin value="US9030021037"/>
          <ticker value="UMH"/>
          <other otherDesc="SEDOL" value="2908191"/>
        </identifiers>
        <balance>25018.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>420052.2200000000</valUSD>
        <pctVal>0.0713397764</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Universal Health Realty Income Trust</name>
        <lei>549300L4MWZL4IH6H172</lei>
        <title>Universal Health Realty Income Trust</title>
        <cusip>91359E105</cusip>
        <identifiers>
          <isin value="US91359E1055"/>
          <ticker value="UHT"/>
          <other otherDesc="SEDOL" value="2927497"/>
        </identifiers>
        <balance>399.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15844.2900000000</valUSD>
        <pctVal>0.0026909228</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Urban Edge Properties</name>
        <lei>N/A</lei>
        <title>Urban Edge Properties</title>
        <cusip>91704F104</cusip>
        <identifiers>
          <isin value="US91704F1049"/>
          <ticker value="UE"/>
          <other otherDesc="SEDOL" value="BTPSGQ9"/>
        </identifiers>
        <balance>9455.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>171702.8000000000</valUSD>
        <pctVal>0.0291612299</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ventas Inc</name>
        <lei>ORQTRC074CWLT3DKHT41</lei>
        <title>Ventas Inc</title>
        <cusip>92276F100</cusip>
        <identifiers>
          <isin value="US92276F1003"/>
          <ticker value="VTR"/>
          <other otherDesc="SEDOL" value="2927925"/>
        </identifiers>
        <balance>147006.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9449545.6800000000</valUSD>
        <pctVal>1.6048682609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIBRA Macquarie Mexico</name>
        <lei>N/A</lei>
        <title>FIBRA Macquarie Mexico</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXCFFI0U0002"/>
          <ticker value="FIBRAMQ"/>
          <other otherDesc="SEDOL" value="B80RZK1"/>
        </identifiers>
        <balance>411748.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="19.3960000000"/>
        <valUSD>675703.1800000000</valUSD>
        <pctVal>0.1147583835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ingenia Communities Group</name>
        <lei>N/A</lei>
        <title>Ingenia Communities Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000INA9"/>
          <ticker value="INA"/>
          <other otherDesc="SEDOL" value="B84GSC7"/>
        </identifiers>
        <balance>174486.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>643510.6900000000</valUSD>
        <pctVal>0.1092909561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IGB Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>IGB Real Estate Investment Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5227TO002"/>
          <ticker value="IGBREIT"/>
          <other otherDesc="SEDOL" value="B89JCF2"/>
        </identifiers>
        <balance>798200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="4.2565000000"/>
        <valUSD>434925.1400000000</valUSD>
        <pctVal>0.0738657261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Far East Hospitality Trust</name>
        <lei>N/A</lei>
        <title>Far East Hospitality Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2F08984575"/>
          <ticker value="FEHT"/>
          <other otherDesc="SEDOL" value="B8GM577"/>
        </identifiers>
        <balance>439900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>187585.5000000000</valUSD>
        <pctVal>0.0318586761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Comforia Residential REIT Inc</name>
        <lei>N/A</lei>
        <title>Comforia Residential REIT Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047540004"/>
          <ticker value="3282"/>
          <other otherDesc="SEDOL" value="B8N6QD5"/>
        </identifiers>
        <balance>325.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>639244.5300000000</valUSD>
        <pctVal>0.1085664107</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GLP J-Reit</name>
        <lei>353800E27V9KA51K2I90</lei>
        <title>GLP J-Reit</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047510007"/>
          <ticker value="3281"/>
          <other otherDesc="SEDOL" value="B8RBZV7"/>
        </identifiers>
        <balance>1792.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>1580766.3600000000</valUSD>
        <pctVal>0.2684702360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Halk Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>N/A</lei>
        <title>Halk Gayrimenkul Yatirim Ortakligi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREHLGY00016"/>
          <ticker value="HLGYO"/>
          <other otherDesc="SEDOL" value="B8S9YR9"/>
        </identifiers>
        <balance>49466.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>3233.4500000000</valUSD>
        <pctVal>0.0005491546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Servet Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000EM0DA25ZIVOG89</lei>
        <title>Servet Gayrimenkul Yatirim Ortakligi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRESRGY00010"/>
          <ticker value="SRVGY"/>
          <other otherDesc="SEDOL" value="B95JG62"/>
        </identifiers>
        <balance>694199.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>43403.6000000000</valUSD>
        <pctVal>0.0073714719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Prologis REIT Inc</name>
        <lei>353800PHBMSDLAFURY41</lei>
        <title>Nippon Prologis REIT Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047550003"/>
          <ticker value="3283"/>
          <other otherDesc="SEDOL" value="B98BC67"/>
        </identifiers>
        <balance>2649.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>1415294.3600000000</valUSD>
        <pctVal>0.2403672171</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arena REIT</name>
        <lei>N/A</lei>
        <title>Arena REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ARF6"/>
          <ticker value="ARF"/>
          <other otherDesc="SEDOL" value="B99K263"/>
        </identifiers>
        <balance>180524.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>436437.8800000000</valUSD>
        <pctVal>0.0741226431</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hoshino Resorts REIT Inc</name>
        <lei>N/A</lei>
        <title>Hoshino Resorts REIT Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047610005"/>
          <ticker value="3287"/>
          <other otherDesc="SEDOL" value="BBH7G35"/>
        </identifiers>
        <balance>255.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>419882.4200000000</valUSD>
        <pctVal>0.0713109383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XYMAX REIT Investment Corp</name>
        <lei>N/A</lei>
        <title>XYMAX REIT Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048690006"/>
          <ticker value="3488"/>
          <other otherDesc="SEDOL" value="BD0G2B3"/>
        </identifiers>
        <balance>91.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>71573.5200000000</valUSD>
        <pctVal>0.0121557241</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inmobiliaria Colonial Socimi SA</name>
        <lei>95980020140005007414</lei>
        <title>Inmobiliaria Colonial Socimi SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0139140174"/>
          <ticker value="COL"/>
          <other otherDesc="SEDOL" value="BD0PJ08"/>
        </identifiers>
        <balance>106400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>740858.9900000000</valUSD>
        <pctVal>0.1258241527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="551467.180000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Warehouse Reit PLC</name>
        <lei>213800BQUD83TYQCWN28</lei>
        <title>Warehouse Reit PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BD2NCM38"/>
          <ticker value="WHR"/>
          <other otherDesc="SEDOL" value="BD2NCM3"/>
        </identifiers>
        <balance>217719.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>295330.3700000000</valUSD>
        <pctVal>0.0501575794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Stride Property Group</name>
        <lei>N/A</lei>
        <title>Stride Property Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZSPGE0001S2"/>
          <ticker value="SPG"/>
          <other otherDesc="SEDOL" value="BD6K242"/>
        </identifiers>
        <balance>65186.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6735000000"/>
        <valUSD>43965.4400000000</valUSD>
        <pctVal>0.0074668922</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sasseur Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>Sasseur Real Estate Investment Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1ED2000000"/>
          <ticker value="SASSR"/>
          <other otherDesc="SEDOL" value="BD6RNW8"/>
        </identifiers>
        <balance>158400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>77360.9800000000</valUSD>
        <pctVal>0.0131386403</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Charter Hall Long Wale REIT</name>
        <lei>N/A</lei>
        <title>Charter Hall Long Wale REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CLW0"/>
          <ticker value="CLW"/>
          <other otherDesc="SEDOL" value="BDB46J2"/>
        </identifiers>
        <balance>257586.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>686095.1400000000</valUSD>
        <pctVal>0.1165233072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Peker Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000AYPWS1SMED9849</lei>
        <title>Peker Gayrimenkul Yatirim Ortakligi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREPEGY00022"/>
          <ticker value="PEKGY"/>
          <other otherDesc="SEDOL" value="BDT8SW3"/>
        </identifiers>
        <balance>137400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>4487.2300000000</valUSD>
        <pctVal>0.0007620909</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PRS REIT Plc/The</name>
        <lei>21380037Q91HU97WZX58</lei>
        <title>PRS REIT Plc/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BF01NH51"/>
          <ticker value="PRSR"/>
          <other otherDesc="SEDOL" value="BF01NH5"/>
        </identifiers>
        <balance>220200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>344586.9300000000</valUSD>
        <pctVal>0.0585230916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Automotive Properties Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>Automotive Properties Real Estate Investment Trust</title>
        <cusip>05329M104</cusip>
        <identifiers>
          <isin value="CA05329M1041"/>
          <ticker value="APR-U"/>
          <other otherDesc="SEDOL" value="BYTCKT3"/>
        </identifiers>
        <balance>4878.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3723500000"/>
        <valUSD>38921.6300000000</valUSD>
        <pctVal>0.0066102743</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AvalonBay Communities Inc</name>
        <lei>K9G90K85RBWD2LAGQX17</lei>
        <title>AvalonBay Communities Inc</title>
        <cusip>053484101</cusip>
        <identifiers>
          <isin value="US0534841012"/>
          <ticker value="AVB"/>
          <other otherDesc="SEDOL" value="2131179"/>
        </identifiers>
        <balance>49964.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10331056.2800000000</valUSD>
        <pctVal>1.7545800493</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BSR Real Estate Investment Trust</name>
        <lei>254900JO0IGNDM4G5Q74</lei>
        <title>BSR Real Estate Investment Trust</title>
        <cusip>05585D103</cusip>
        <identifiers>
          <isin value="CA05585D1033"/>
          <ticker value="HOM-U"/>
          <other otherDesc="SEDOL" value="BK948Q4"/>
        </identifiers>
        <balance>11979.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3723500000"/>
        <valUSD>157555.2500000000</valUSD>
        <pctVal>0.0267584738</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITE Group PLC/The</name>
        <lei>213800BBUUWVDH9YI827</lei>
        <title>UNITE Group PLC/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0006928617"/>
          <ticker value="UTG"/>
          <other otherDesc="SEDOL" value="0692861"/>
        </identifiers>
        <balance>164946.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>1917180.1700000000</valUSD>
        <pctVal>0.3256052417</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Boardwalk Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>Boardwalk Real Estate Investment Trust</title>
        <cusip>096631106</cusip>
        <identifiers>
          <isin value="CA0966311064"/>
          <ticker value="BEI-U"/>
          <other otherDesc="SEDOL" value="B011205"/>
        </identifiers>
        <balance>10219.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3723500000"/>
        <valUSD>521765.8300000000</valUSD>
        <pctVal>0.0886143576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Broadstone Net Lease Inc</name>
        <lei>549300U8D7PT70B49V21</lei>
        <title>Broadstone Net Lease Inc</title>
        <cusip>11135E203</cusip>
        <identifiers>
          <isin value="US11135E2037"/>
          <ticker value="BNL"/>
          <other otherDesc="SEDOL" value="BN93088"/>
        </identifiers>
        <balance>72809.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1158391.1900000000</valUSD>
        <pctVal>0.1967359403</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CT Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>CT Real Estate Investment Trust</title>
        <cusip>126462100</cusip>
        <identifiers>
          <isin value="CA1264621006"/>
          <ticker value="CRT-U"/>
          <other otherDesc="SEDOL" value="BFSRSC5"/>
        </identifiers>
        <balance>23889.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3723500000"/>
        <valUSD>276951.2100000000</valUSD>
        <pctVal>0.0470361456</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Camden Property Trust</name>
        <lei>5493002MYX22OHYJBD89</lei>
        <title>Camden Property Trust</title>
        <cusip>133131102</cusip>
        <identifiers>
          <isin value="US1331311027"/>
          <ticker value="CPT"/>
          <other otherDesc="SEDOL" value="2166320"/>
        </identifiers>
        <balance>38438.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4516080.6200000000</valUSD>
        <pctVal>0.7669907841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Canadian Apartment Properties REIT</name>
        <lei>549300B1MYVTQEB2DI90</lei>
        <title>Canadian Apartment Properties REIT</title>
        <cusip>134921105</cusip>
        <identifiers>
          <isin value="CA1349211054"/>
          <ticker value="CAR-U"/>
          <other otherDesc="SEDOL" value="2117599"/>
        </identifiers>
        <balance>34430.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3723500000"/>
        <valUSD>1122954.6400000000</valUSD>
        <pctVal>0.1907175563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CareTrust REIT Inc</name>
        <lei>5493001NVXE2B9GPLU96</lei>
        <title>CareTrust REIT Inc</title>
        <cusip>14174T107</cusip>
        <identifiers>
          <isin value="US14174T1079"/>
          <ticker value="CTRE"/>
          <other otherDesc="SEDOL" value="BMP8TL6"/>
        </identifiers>
        <balance>73386.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2110581.3600000000</valUSD>
        <pctVal>0.3584516284</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sila Realty Trust Inc</name>
        <lei>549300HXH142HWKKSW59</lei>
        <title>Sila Realty Trust Inc</title>
        <cusip>146280508</cusip>
        <identifiers>
          <isin value="US1462805086"/>
          <ticker value="SILA"/>
          <other otherDesc="SEDOL" value="BSMR3P0"/>
        </identifiers>
        <balance>20945.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>521949.4000000000</valUSD>
        <pctVal>0.0886455343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Choice Properties Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>Choice Properties Real Estate Investment Trust</title>
        <cusip>17039A106</cusip>
        <identifiers>
          <isin value="CA17039A1066"/>
          <ticker value="CHP-U"/>
          <other otherDesc="SEDOL" value="BBX46Q3"/>
        </identifiers>
        <balance>72303.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3723500000"/>
        <valUSD>788702.5200000000</valUSD>
        <pctVal>0.1339496823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Community Healthcare Trust Inc</name>
        <lei>549300FATSRCMKOV9536</lei>
        <title>Community Healthcare Trust Inc</title>
        <cusip>20369C106</cusip>
        <identifiers>
          <isin value="US20369C1062"/>
          <ticker value="CHCT"/>
          <other otherDesc="SEDOL" value="BXC87C3"/>
        </identifiers>
        <balance>7683.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>125540.2200000000</valUSD>
        <pctVal>0.0213211853</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COPT Defense Properties</name>
        <lei>YY1J47X6LF9TYY8JY420</lei>
        <title>COPT Defense Properties</title>
        <cusip>22002T108</cusip>
        <identifiers>
          <isin value="US22002T1088"/>
          <ticker value="CDP"/>
          <other otherDesc="SEDOL" value="2756152"/>
        </identifiers>
        <balance>15765.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>432749.2500000000</valUSD>
        <pctVal>0.0734961828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cousins Properties Inc</name>
        <lei>N/A</lei>
        <title>Cousins Properties Inc</title>
        <cusip>222795502</cusip>
        <identifiers>
          <isin value="US2227955026"/>
          <ticker value="CUZ"/>
          <other otherDesc="SEDOL" value="BJP0MF6"/>
        </identifiers>
        <balance>34124.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>957860.6800000000</valUSD>
        <pctVal>0.1626787420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Crombie Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>Crombie Real Estate Investment Trust</title>
        <cusip>227107109</cusip>
        <identifiers>
          <isin value="CA2271071094"/>
          <ticker value="CRR-U"/>
          <other otherDesc="SEDOL" value="B11YBV5"/>
        </identifiers>
        <balance>18992.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3723500000"/>
        <valUSD>204956.1100000000</valUSD>
        <pctVal>0.0348088222</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Crown Castle Inc</name>
        <lei>54930012H97VSM0I2R19</lei>
        <title>Crown Castle Inc</title>
        <cusip>22822V101</cusip>
        <identifiers>
          <isin value="US22822V1017"/>
          <ticker value="CCI"/>
          <other otherDesc="SEDOL" value="BTGQCX1"/>
        </identifiers>
        <balance>141441.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14193604.3500000000</valUSD>
        <pctVal>2.4105778098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CubeSmart</name>
        <lei>N/A</lei>
        <title>CubeSmart</title>
        <cusip>229663109</cusip>
        <identifiers>
          <isin value="US2296631094"/>
          <ticker value="CUBE"/>
          <other otherDesc="SEDOL" value="B6SW913"/>
        </identifiers>
        <balance>74303.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3177196.2800000000</valUSD>
        <pctVal>0.5396007005</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Curbline Properties Corp</name>
        <lei>529900PGR41LH0I81I15</lei>
        <title>Curbline Properties Corp</title>
        <cusip>23128Q101</cusip>
        <identifiers>
          <isin value="US23128Q1013"/>
          <ticker value="CURB"/>
          <other otherDesc="SEDOL" value="BSNR2T6"/>
        </identifiers>
        <balance>35400.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>803226.0000000000</valUSD>
        <pctVal>0.1364162847</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Innovative Industrial Properties Inc</name>
        <lei>5493008BQ0545EZXRR30</lei>
        <title>Innovative Industrial Properties Inc</title>
        <cusip>45781V101</cusip>
        <identifiers>
          <isin value="US45781V1017"/>
          <ticker value="IIPR"/>
          <other otherDesc="SEDOL" value="BD0NN55"/>
        </identifiers>
        <balance>11607.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>640938.5400000000</valUSD>
        <pctVal>0.1088541137</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>InterRent Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>InterRent Real Estate Investment Trust</title>
        <cusip>46071W205</cusip>
        <identifiers>
          <isin value="CA46071W2058"/>
          <ticker value="IIP-U"/>
          <other otherDesc="SEDOL" value="B1L9R12"/>
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        <balance>28872.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3723500000"/>
        <valUSD>287173.6800000000</valUSD>
        <pctVal>0.0487722839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>InvenTrust Properties Corp</name>
        <lei>5493006BQYSOBYVUFA03</lei>
        <title>InvenTrust Properties Corp</title>
        <cusip>46124J201</cusip>
        <identifiers>
          <isin value="US46124J2015"/>
          <ticker value="IVT"/>
          <other otherDesc="SEDOL" value="BKP4ZK1"/>
        </identifiers>
        <balance>22050.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>619384.5000000000</valUSD>
        <pctVal>0.1051934727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Invitation Homes Inc</name>
        <lei>N/A</lei>
        <title>Invitation Homes Inc</title>
        <cusip>46187W107</cusip>
        <identifiers>
          <isin value="US46187W1071"/>
          <ticker value="INVH"/>
          <other otherDesc="SEDOL" value="BD81GW9"/>
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        <balance>191053.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6438486.1000000000</valUSD>
        <pctVal>1.0934834690</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Waypoint REIT Ltd</name>
        <lei>N/A</lei>
        <title>Waypoint REIT Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000088064"/>
          <ticker value="WPR"/>
          <other otherDesc="SEDOL" value="BLBQ285"/>
        </identifiers>
        <balance>303385.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>508560.1700000000</valUSD>
        <pctVal>0.0863715678</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AREIT Inc</name>
        <lei>N/A</lei>
        <title>AREIT Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PHY1001D1010"/>
          <ticker value="AREIT"/>
          <other otherDesc="SEDOL" value="BMW2NN1"/>
        </identifiers>
        <balance>309810.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="55.7950000000"/>
        <valUSD>222385.3300000000</valUSD>
        <pctVal>0.0377689224</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mindspace Business Parks REIT</name>
        <lei>335800KNDFQZVN5X6W64</lei>
        <title>Mindspace Business Parks REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE0CCU25019"/>
          <ticker value="MINDSPCE"/>
          <other otherDesc="SEDOL" value="BMF5XN7"/>
        </identifiers>
        <balance>130248.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.5750000000"/>
        <valUSD>601446.2500000000</valUSD>
        <pctVal>0.1021469211</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ESR Kendall Square REIT Co Ltd</name>
        <lei>N/A</lei>
        <title>ESR Kendall Square REIT Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7365550003"/>
          <ticker value="365550"/>
          <other otherDesc="SEDOL" value="BNNGHG0"/>
        </identifiers>
        <balance>114223.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1379.7000000000"/>
        <valUSD>362809.1900000000</valUSD>
        <pctVal>0.0616178781</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hamborner REIT AG</name>
        <lei>529900EJTD8IR1GN0P96</lei>
        <title>Hamborner REIT AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A3H2333"/>
          <ticker value="HABA"/>
          <other otherDesc="SEDOL" value="BMH5DF7"/>
        </identifiers>
        <balance>83104.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>621059.3200000000</valUSD>
        <pctVal>0.1054779166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PowerGrid Infrastructure Investment Trust</name>
        <lei>9845009A2D48E91BWC54</lei>
        <title>PowerGrid Infrastructure Investment Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE0GGX23010"/>
          <ticker value="PGINVIT"/>
          <other otherDesc="SEDOL" value="BMBVP11"/>
        </identifiers>
        <balance>317630.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.5750000000"/>
        <valUSD>304397.7500000000</valUSD>
        <pctVal>0.0516975423</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shinhan Seobu T&amp;D REIT Co Ltd</name>
        <lei>N/A</lei>
        <title>Shinhan Seobu T&amp;D REIT Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7404990004"/>
          <ticker value="404990"/>
          <other otherDesc="SEDOL" value="BMHYQX3"/>
        </identifiers>
        <balance>5616.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1379.7000000000"/>
        <valUSD>14647.9800000000</valUSD>
        <pctVal>0.0024877469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Digital Core REIT Management Pte Ltd</name>
        <lei>549300IIGO612K0POE26</lei>
        <title>Digital Core REIT Management Pte Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXC50067435"/>
          <ticker value="DCREIT"/>
          <other otherDesc="SEDOL" value="BNYGMH5"/>
        </identifiers>
        <balance>468300.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>233739.3000000000</valUSD>
        <pctVal>0.0396972295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fairvest Ltd</name>
        <lei>378900E93AFC4D1CAD45</lei>
        <title>Fairvest Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000304796"/>
          <ticker value="FTB"/>
          <other otherDesc="SEDOL" value="BPKBQZ4"/>
        </identifiers>
        <balance>153043.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="17.9825000000"/>
        <valUSD>44282.9700000000</valUSD>
        <pctVal>0.0075208201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Home Invest Belgium SA</name>
        <lei>N/A</lei>
        <title>Home Invest Belgium SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974409410"/>
          <ticker value="HOMI"/>
          <other otherDesc="SEDOL" value="BN91HC5"/>
        </identifiers>
        <balance>5151.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8807080000"/>
        <valUSD>116781.3300000000</valUSD>
        <pctVal>0.0198336149</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nexus Select Trust</name>
        <lei>3358005ZHLYHK1WZGL78</lei>
        <title>Nexus Select Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE0NDH25011"/>
          <ticker value="NXST"/>
          <other otherDesc="SEDOL" value="BNTCJ88"/>
        </identifiers>
        <balance>85978.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.5750000000"/>
        <valUSD>135525.5300000000</valUSD>
        <pctVal>0.0230170454</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ESR-REIT</name>
        <lei>5493008PFX3JN1RMMD48</lei>
        <title>ESR-REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXC55341835"/>
          <ticker value="EREIT"/>
          <other otherDesc="SEDOL" value="BVDJZ16"/>
        </identifiers>
        <balance>232702.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2897500000"/>
        <valUSD>400263.5000000000</valUSD>
        <pctVal>0.0679789493</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Invincible Investment Corp</name>
        <lei>N/A</lei>
        <title>Invincible Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046190009"/>
          <ticker value="8963"/>
          <other otherDesc="SEDOL" value="B00STP1"/>
        </identifiers>
        <balance>2576.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>1096162.1900000000</valUSD>
        <pctVal>0.1861672473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Schroder Real Estate Investment Trust Ltd</name>
        <lei>549300ZIJJTMTIIQJP67</lei>
        <title>Schroder Real Estate Investment Trust Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B01HM147"/>
          <ticker value="SREI"/>
          <other otherDesc="SEDOL" value="B01HM14"/>
        </identifiers>
        <balance>227568.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>160150.1100000000</valUSD>
        <pctVal>0.0271991731</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Frontier Real Estate Investment Corp</name>
        <lei>N/A</lei>
        <title>Frontier Real Estate Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046200006"/>
          <ticker value="8964"/>
          <other otherDesc="SEDOL" value="B020QY3"/>
        </identifiers>
        <balance>1240.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="143.8950000000"/>
        <valUSD>709834.7300000000</valUSD>
        <pctVal>0.1205551322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dexus</name>
        <lei>N/A</lei>
        <title>Dexus</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000DXS1"/>
          <ticker value="DXS"/>
          <other otherDesc="SEDOL" value="B033YN6"/>
        </identifiers>
        <balance>406624.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>1836467.4300000000</valUSD>
        <pctVal>0.3118973536</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goodman Group</name>
        <lei>N/A</lei>
        <title>Goodman Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000GMG2"/>
          <ticker value="GMG"/>
          <other otherDesc="SEDOL" value="B03FYZ4"/>
        </identifiers>
        <balance>839339.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.5513500000"/>
        <valUSD>17802557.3800000000</valUSD>
        <pctVal>3.0235061314</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alarko Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>N/A</lei>
        <title>Alarko Gayrimenkul Yatirim Ortakligi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRAALGYO91Q5"/>
          <ticker value="ALGYO"/>
          <other otherDesc="SEDOL" value="B03MNJ2"/>
        </identifiers>
        <balance>113036.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>50833.7500000000</valUSD>
        <pctVal>0.0086333751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pera Yatirim Holding AS</name>
        <lei>789000KVPWX002KFYM43</lei>
        <title>Pera Yatirim Holding AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRAGLOBL91Q0"/>
          <ticker value="PEHOL"/>
          <other otherDesc="SEDOL" value="B03MT61"/>
        </identifiers>
        <balance>527272.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>208774.0400000000</valUSD>
        <pctVal>0.0354572423</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fibra Uno Administracion SA de CV</name>
        <lei>N/A</lei>
        <title>Fibra Uno Administracion SA de CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXCFFU000001"/>
          <ticker value="FUNO11"/>
          <other otherDesc="SEDOL" value="B671GT8"/>
        </identifiers>
        <balance>1188773.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="19.3960000000"/>
        <valUSD>1662173.8400000000</valUSD>
        <pctVal>0.2822961156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Workspace Group PLC</name>
        <lei>2138003GUZRFIN3UT430</lei>
        <title>Workspace Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B67G5X01"/>
          <ticker value="WKP"/>
          <other otherDesc="SEDOL" value="B67G5X0"/>
        </identifiers>
        <balance>47067.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>264901.4300000000</valUSD>
        <pctVal>0.0449896653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ozak Gayrimenkul Yatirim Ortakligi</name>
        <lei>789000WGRKZVCFLA9230</lei>
        <title>Ozak Gayrimenkul Yatirim Ortakligi</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREOZAK00014"/>
          <ticker value="OZKGY"/>
          <other otherDesc="SEDOL" value="B72RSM5"/>
        </identifiers>
        <balance>284534.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>72262.9100000000</valUSD>
        <pctVal>0.0122728070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AKIS Gayrimenkul Yatirimi AS</name>
        <lei>N/A</lei>
        <title>AKIS Gayrimenkul Yatirimi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREAIGY00017"/>
          <ticker value="AKSGY"/>
          <other otherDesc="SEDOL" value="B8055M7"/>
        </identifiers>
        <balance>450367.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="39.2140000000"/>
        <valUSD>69369.0600000000</valUSD>
        <pctVal>0.0117813286</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Acadia Realty Trust</name>
        <lei>N/A</lei>
        <title>Acadia Realty Trust</title>
        <cusip>004239109</cusip>
        <identifiers>
          <isin value="US0042391096"/>
          <ticker value="AKR"/>
          <other otherDesc="SEDOL" value="2566522"/>
        </identifiers>
        <balance>8618.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>165982.6800000000</valUSD>
        <pctVal>0.0281897505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Agree Realty Corp</name>
        <lei>N/A</lei>
        <title>Agree Realty Corp</title>
        <cusip>008492100</cusip>
        <identifiers>
          <isin value="US0084921008"/>
          <ticker value="ADC"/>
          <other otherDesc="SEDOL" value="2062161"/>
        </identifiers>
        <balance>35684.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2687005.2000000000</valUSD>
        <pctVal>0.4563488562</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>British Land Co PLC/The</name>
        <lei>RV5B68J2GV3QGMRPW209</lei>
        <title>British Land Co PLC/The</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0001367019"/>
          <ticker value="BLND"/>
          <other otherDesc="SEDOL" value="0136701"/>
        </identifiers>
        <balance>392102.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>2065743.3300000000</valUSD>
        <pctVal>0.3508365394</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alexander &amp; Baldwin Inc</name>
        <lei>N/A</lei>
        <title>Alexander &amp; Baldwin Inc</title>
        <cusip>014491104</cusip>
        <identifiers>
          <isin value="US0144911049"/>
          <ticker value="ALEX"/>
          <other otherDesc="SEDOL" value="B827VB2"/>
        </identifiers>
        <balance>25023.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>448161.9300000000</valUSD>
        <pctVal>0.0761138029</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alexandria Real Estate Equities Inc</name>
        <lei>MGCJBT4MKTQBVLNUIS88</lei>
        <title>Alexandria Real Estate Equities Inc</title>
        <cusip>015271109</cusip>
        <identifiers>
          <isin value="US0152711091"/>
          <ticker value="ARE"/>
          <other otherDesc="SEDOL" value="2009210"/>
        </identifiers>
        <balance>57296.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4021606.2400000000</valUSD>
        <pctVal>0.6830114834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Allied Properties Real Estate Investment Trust</name>
        <lei>549300AMZMPKVHA0MY77</lei>
        <title>Allied Properties Real Estate Investment Trust</title>
        <cusip>019456102</cusip>
        <identifiers>
          <isin value="CA0194561027"/>
          <ticker value="AP-U"/>
          <other otherDesc="SEDOL" value="2387701"/>
        </identifiers>
        <balance>31.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3723500000"/>
        <valUSD>356.4500000000</valUSD>
        <pctVal>0.0000605379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Derwent London PLC</name>
        <lei>213800BXKQ9KZNUR1M61</lei>
        <title>Derwent London PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0002652740"/>
          <ticker value="DLN"/>
          <other otherDesc="SEDOL" value="0265274"/>
        </identifiers>
        <balance>51704.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>1373982.3300000000</valUSD>
        <pctVal>0.2333509681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>American Homes 4 Rent</name>
        <lei>549300ZJUO7A58PNUW40</lei>
        <title>American Homes 4 Rent</title>
        <cusip>02665T306</cusip>
        <identifiers>
          <isin value="US02665T3068"/>
          <ticker value="AMH"/>
          <other otherDesc="SEDOL" value="BCF5RR9"/>
        </identifiers>
        <balance>104990.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3973871.5000000000</valUSD>
        <pctVal>0.6749044303</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Big Yellow Group PLC</name>
        <lei>213800W7Q4V2ZI8LIW31</lei>
        <title>Big Yellow Group PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0002869419"/>
          <ticker value="BYG"/>
          <other otherDesc="SEDOL" value="0286941"/>
        </identifiers>
        <balance>83300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7421980000"/>
        <valUSD>1120154.2300000000</valUSD>
        <pctVal>0.1902419473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State Street Institutional US Government Money Market Fund</name>
        <lei>549300BZ5TGIFZUZDZ37</lei>
        <title>State Street Institutional US Government Money Market Fund</title>
        <cusip>857492706</cusip>
        <identifiers>
          <isin value="US8574927062"/>
          <ticker value="GVMXX"/>
          <other otherDesc="SEDOL" value="B284MN4"/>
        </identifiers>
        <balance>550940.0400000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>550940.0400000000</valUSD>
        <pctVal>0.0935691740</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>American Tower Corp</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>American Tower Corp</title>
        <cusip>03027X100</cusip>
        <identifiers>
          <isin value="US03027X1000"/>
          <ticker value="AMT"/>
          <other otherDesc="SEDOL" value="B7FBFL2"/>
        </identifiers>
        <balance>155587.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>33396749.5500000000</valUSD>
        <pctVal>5.6719534658</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Americold Realty Trust Inc</name>
        <lei>549300R7N1V5YV8MWH02</lei>
        <title>Americold Realty Trust Inc</title>
        <cusip>03064D108</cusip>
        <identifiers>
          <isin value="US03064D1081"/>
          <ticker value="COLD"/>
          <other otherDesc="SEDOL" value="B3SKZK7"/>
        </identifiers>
        <balance>95694.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1585649.5800000000</valUSD>
        <pctVal>0.2692995801</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Apple Hospitality REIT Inc</name>
        <lei>549300EVZAR0FBZO4F16</lei>
        <title>Apple Hospitality REIT Inc</title>
        <cusip>03784Y200</cusip>
        <identifiers>
          <isin value="US03784Y2000"/>
          <ticker value="APLE"/>
          <other otherDesc="SEDOL" value="BXRTX56"/>
        </identifiers>
        <balance>75177.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>871301.4300000000</valUSD>
        <pctVal>0.1479779090</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Artis Real Estate Investment Trust</name>
        <lei>549300OG2O5VI2N1XS44</lei>
        <title>Artis Real Estate Investment Trust</title>
        <cusip>04315L105</cusip>
        <identifiers>
          <isin value="CA04315L1058"/>
          <ticker value="AX-U"/>
          <other otherDesc="SEDOL" value="B0XZXV3"/>
        </identifiers>
        <balance>18896.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3723500000"/>
        <valUSD>98999.7000000000</valUSD>
        <pctVal>0.0168136630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>State Street Navigator Securities Lending Trust - State Street Navigator Securities Lending Government Money Market Portfolio</name>
        <lei>5493008BJIBKQ5KTIF74</lei>
        <title>State Street Navigator Securities Lending Government Money Market Portfolio</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Series ID" value="S000009767"/>
        </identifiers>
        <balance>4365191.6000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4365191.6000000000</valUSD>
        <pctVal>0.7413644728</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="4365191.600000000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-07-25</ncom:dateSigned>
      <ncom:nameOfApplicant>American Century ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Amy R. Bitter</ncom:signature>
      <ncom:signerName>Amy R. Bitter</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
