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          <ccc>XXXXXXXX</ccc>
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        <classId>C000229748</classId>
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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>2026-08-31</repPdEnd>
      <repPdDate>2026-02-28</repPdDate>
      <isFinalFiling>N</isFinalFiling>
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      <totLiabs>4029069.230000000000</totLiabs>
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        <name>Wereldhave NV</name>
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        <name>Goodman Property Trust</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Centuria Industrial REIT</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Elme Communities</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Mapletree Pan Asia Commercial Trust</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Nomura Real Estate Master Fund Inc</name>
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        <title>Nomura Real Estate Master Fund Inc</title>
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        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>LaSalle Logiport REIT</name>
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          <isin value="JP3048180008"/>
          <ticker value="3466"/>
          <other otherDesc="SEDOL" value="BDD1L29"/>
        </identifiers>
        <balance>903.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>890479.4400000000</valUSD>
        <pctVal>0.1145830811</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="650017.830000000000"/>
        </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>109378.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>118383.6100000000</valUSD>
        <pctVal>0.0152330960</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="9288.160000000000"/>
        </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>351.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>418072.4600000000</valUSD>
        <pctVal>0.0537957739</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="293160.180000000000"/>
        </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>1562000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2649000000"/>
        <valUSD>1592499.0800000000</valUSD>
        <pctVal>0.2049159621</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="1137424.500000000000"/>
        </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>2156.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>1835914.3300000000</valUSD>
        <pctVal>0.2362375941</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="1345119.440000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsui Fudosan Accommodations Fund Inc</name>
        <lei>N/A</lei>
        <title>Mitsui Fudosan Accommodations Fund Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046440008"/>
          <ticker value="3226"/>
          <other otherDesc="SEDOL" value="B182BB2"/>
        </identifiers>
        <balance>1522.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>1344387.9600000000</valUSD>
        <pctVal>0.1729900857</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="976700.870000000000"/>
        </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>244400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2649000000"/>
        <valUSD>166168.4200000000</valUSD>
        <pctVal>0.0213818407</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="118590.150000000000"/>
        </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>9748.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>902231.5800000000</valUSD>
        <pctVal>0.1160952961</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="71857.400000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Emlak Konut Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000IA5R88NAGSC462</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>1076845.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>582210.2900000000</valUSD>
        <pctVal>0.0749163269</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="331961.020000000000"/>
        </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>2057.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>1844604.4300000000</valUSD>
        <pctVal>0.2373557990</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="1349533.500000000000"/>
        </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>75141.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6670830000"/>
        <valUSD>54073.1300000000</valUSD>
        <pctVal>0.0069578988</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="12210.420000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi Estate Logistics REIT Investment Corp</name>
        <lei>353800YYSGZU31ICQK38</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>789.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>656927.4700000000</valUSD>
        <pctVal>0.0845306137</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="477108.450000000000"/>
        </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="156.1650000000"/>
        <valUSD>154237.2100000000</valUSD>
        <pctVal>0.0198465837</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="115764.600000000000"/>
        </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>118007.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>233301.2000000000</valUSD>
        <pctVal>0.0300201994</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="169796.130000000000"/>
        </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>10176.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>165866.9600000000</valUSD>
        <pctVal>0.0213430501</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="111988.620000000000"/>
        </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>191100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>3374550.8400000000</valUSD>
        <pctVal>0.4342227514</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="1129.530000000000"/>
        </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>77491.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>142307.0300000000</valUSD>
        <pctVal>0.0183114592</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="99819.620000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DigiCo Infrastructure REIT</name>
        <lei>N/A</lei>
        <title>DigiCo Infrastructure REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000367088"/>
          <ticker value="DGT"/>
          <other otherDesc="SEDOL" value="BTCHK67"/>
        </identifiers>
        <balance>76426.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>111782.9800000000</valUSD>
        <pctVal>0.0143837552</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="5972.880000000000"/>
        </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="0.8463100000"/>
        <valUSD>849.6800000000</valUSD>
        <pctVal>0.0001093332</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="636.000000000000"/>
        </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>3394101.1000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3394101.1000000000</valUSD>
        <pctVal>0.4367383951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="3394101.100000000000" isCashCollateral="Y"/>
          <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>24130.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>620864.9000000000</valUSD>
        <pctVal>0.0798902366</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>5493007MYGFSLOZGT937</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>92033.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3640500000"/>
        <valUSD>1070080.5500000000</valUSD>
        <pctVal>0.1376933828</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>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>18157.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>577029.4600000000</valUSD>
        <pctVal>0.0742496799</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>5493007XPYD5EJABN062</lei>
        <title>Cousins Properties Inc</title>
        <cusip>222795502</cusip>
        <identifiers>
          <isin value="US2227955026"/>
          <ticker value="CUZ"/>
          <other otherDesc="SEDOL" value="BJP0MF6"/>
        </identifiers>
        <balance>62743.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1453127.8800000000</valUSD>
        <pctVal>0.1869822729</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>AKIS Gayrimenkul Yatirimi AS</name>
        <lei>789000E8HRSI0VGVLY65</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>519134.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>97217.8400000000</valUSD>
        <pctVal>0.0125095753</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 Macquarie Mexico</name>
        <lei>4469000001BRQKG5JK62</lei>
        <title>FIBRA Macquarie Mexico</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXCFFI0U0002"/>
          <ticker value="FIBRAMQ"/>
          <other otherDesc="SEDOL" value="B80RZK1"/>
        </identifiers>
        <balance>474622.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="17.2220000000"/>
        <valUSD>1181732.1700000000</valUSD>
        <pctVal>0.1520602351</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>201138.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>652461.8800000000</valUSD>
        <pctVal>0.0839560007</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>966700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="3.8910000000"/>
        <valUSD>715247.6900000000</valUSD>
        <pctVal>0.0920350099</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>Activia Properties Inc</name>
        <lei>353800RPGYN3ML8CXV54</lei>
        <title>Activia Properties Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047490002"/>
          <ticker value="3279"/>
          <other otherDesc="SEDOL" value="B8BSRY1"/>
        </identifiers>
        <balance>366.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>350074.3100000000</valUSD>
        <pctVal>0.0450460631</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>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>506600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2649000000"/>
        <valUSD>236391.0300000000</valUSD>
        <pctVal>0.0304177855</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>353800BJ2SV3UPG9JU05</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>1134.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>815080.6700000000</valUSD>
        <pctVal>0.1048810902</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>789000OIIYACSHHZY053</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>59461.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>6562.8700000000</valUSD>
        <pctVal>0.0008444820</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>800195.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>58922.7800000000</valUSD>
        <pctVal>0.0075819310</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>3053.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>1790689.6800000000</valUSD>
        <pctVal>0.2304182798</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>984500FEAC9A1C1FC967</lei>
        <title>Arena REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ARF6"/>
          <ticker value="ARF"/>
          <other otherDesc="SEDOL" value="B99K263"/>
        </identifiers>
        <balance>213489.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>519801.2800000000</valUSD>
        <pctVal>0.0668858028</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>353800DF2MUZWFL4IL56</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>308.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>534630.7900000000</valUSD>
        <pctVal>0.0687940006</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>CENTRAL REIT Investment Corp</name>
        <lei>N/A</lei>
        <title>CENTRAL 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="156.1650000000"/>
        <valUSD>66517.5300000000</valUSD>
        <pctVal>0.0085591909</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>Colonial SFL Socimi SA</name>
        <lei>95980020140005007414</lei>
        <title>Colonial SFL Socimi SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0139140174"/>
          <ticker value="COL"/>
          <other otherDesc="SEDOL" value="BD0PJ08"/>
        </identifiers>
        <balance>142066.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>954028.9800000000</valUSD>
        <pctVal>0.1227603637</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>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>231600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2649000000"/>
        <valUSD>125422.5100000000</valUSD>
        <pctVal>0.0161388315</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>305973.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>818468.2200000000</valUSD>
        <pctVal>0.1053169856</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>300420.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>88289.7300000000</valUSD>
        <pctVal>0.0113607444</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>Essential Properties Realty Trust Inc</name>
        <lei>2549009LXQLVYCGLZO50</lei>
        <title>Essential Properties Realty Trust Inc</title>
        <cusip>29670E107</cusip>
        <identifiers>
          <isin value="US29670E1073"/>
          <ticker value="EPRT"/>
          <other otherDesc="SEDOL" value="BFFK0X2"/>
        </identifiers>
        <balance>81846.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2777853.2400000000</valUSD>
        <pctVal>0.3574422594</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>Essex Property Trust Inc</name>
        <lei>549300TR2H2VEFX0NC60</lei>
        <title>Essex Property Trust Inc</title>
        <cusip>297178105</cusip>
        <identifiers>
          <isin value="US2971781057"/>
          <ticker value="ESS"/>
          <other otherDesc="SEDOL" value="2316619"/>
        </identifiers>
        <balance>26825.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6843325.7500000000</valUSD>
        <pctVal>0.8805698525</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>European Residential Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>European Residential Real Estate Investment Trust</title>
        <cusip>29880W103</cusip>
        <identifiers>
          <isin value="CA29880W1032"/>
          <ticker value="ERE-U"/>
          <other otherDesc="SEDOL" value="BJGZFR3"/>
        </identifiers>
        <balance>493.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3640500000"/>
        <valUSD>408.4100000000</valUSD>
        <pctVal>0.0000525524</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>Extra Space Storage Inc</name>
        <lei>N/A</lei>
        <title>Extra Space Storage Inc</title>
        <cusip>30225T102</cusip>
        <identifiers>
          <isin value="US30225T1025"/>
          <ticker value="EXR"/>
          <other otherDesc="SEDOL" value="B02HWR9"/>
        </identifiers>
        <balance>84788.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12805531.6400000000</valUSD>
        <pctVal>1.6477609747</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>Farmland Partners Inc</name>
        <lei>549300LB188CHPZ4IL37</lei>
        <title>Farmland Partners Inc</title>
        <cusip>31154R109</cusip>
        <identifiers>
          <isin value="US31154R1095"/>
          <ticker value="FPI"/>
          <other otherDesc="SEDOL" value="BKZH191"/>
        </identifiers>
        <balance>16851.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>219737.0400000000</valUSD>
        <pctVal>0.0282748213</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>Federal Realty Investment Trust</name>
        <lei>549300FHEI1SLVZ0RB48</lei>
        <title>Federal Realty Investment Trust</title>
        <cusip>313745101</cusip>
        <identifiers>
          <isin value="US3137451015"/>
          <ticker value="FRT"/>
          <other otherDesc="SEDOL" value="BN7P9B2"/>
        </identifiers>
        <balance>32888.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3577227.7600000000</valUSD>
        <pctVal>0.4603023495</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 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>1683900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2649000000"/>
        <valUSD>3577011.4900000000</valUSD>
        <pctVal>0.4602745208</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>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>400.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>539097.8300000000</valUSD>
        <pctVal>0.0693688002</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="156.1650000000"/>
        <valUSD>129356.6300000000</valUSD>
        <pctVal>0.0166450572</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>1379.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>1637569.4200000000</valUSD>
        <pctVal>0.2107154205</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>Simon Property Group Inc</name>
        <lei>529900GQL5X8H7AO3T64</lei>
        <title>Simon Property Group Inc</title>
        <cusip>828806109</cusip>
        <identifiers>
          <isin value="US8288061091"/>
          <ticker value="SPG"/>
          <other otherDesc="SEDOL" value="2812452"/>
        </identifiers>
        <balance>127794.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>26050806.9000000000</valUSD>
        <pctVal>3.3521062753</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>SITE Centers Corp</name>
        <lei>W2AVA6SODOQ1LCYJQR54</lei>
        <title>SITE Centers Corp</title>
        <cusip>82981J851</cusip>
        <identifiers>
          <isin value="US82981J8514"/>
          <ticker value="SITC"/>
          <other otherDesc="SEDOL" value="BSWVTJ8"/>
        </identifiers>
        <balance>13684.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>84293.4400000000</valUSD>
        <pctVal>0.0108465189</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>SmartCentres Real Estate Investment Trust</name>
        <lei>549300HKEP2IYWZ14H97</lei>
        <title>SmartCentres Real Estate Investment Trust</title>
        <cusip>83179X108</cusip>
        <identifiers>
          <isin value="CA83179X1087"/>
          <ticker value="SRU-U"/>
          <other otherDesc="SEDOL" value="BZ22BK5"/>
        </identifiers>
        <balance>34448.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3640500000"/>
        <valUSD>701309.3100000000</valUSD>
        <pctVal>0.0902414788</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>Smartstop Self Storage REIT Inc</name>
        <lei>N/A</lei>
        <title>Smartstop Self Storage REIT Inc</title>
        <cusip>83192D402</cusip>
        <identifiers>
          <isin value="US83192D4025"/>
          <ticker value="SMA"/>
          <other otherDesc="SEDOL" value="BMHSG57"/>
        </identifiers>
        <balance>22512.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>750775.2000000000</valUSD>
        <pctVal>0.0966065377</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>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>1609256.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.9237500000"/>
        <valUSD>1900938.8400000000</valUSD>
        <pctVal>0.2446046696</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>640167.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="17.2220000000"/>
        <valUSD>3156229.2400000000</valUSD>
        <pctVal>0.4061300628</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>3789003E3E1AD1E96166</lei>
        <title>Hyprop Investments Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000190724"/>
          <ticker value="HYP"/>
          <other otherDesc="SEDOL" value="BN8SXL8"/>
        </identifiers>
        <balance>220999.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.9237500000"/>
        <valUSD>893471.1400000000</valUSD>
        <pctVal>0.1149680402</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>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>859610.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2649000000"/>
        <valUSD>1568444.7100000000</valUSD>
        <pctVal>0.2018207488</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>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>345634.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>501397.3500000000</valUSD>
        <pctVal>0.0645176639</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>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>820311.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>761492.2300000000</valUSD>
        <pctVal>0.0979855592</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>623489.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>323733.2900000000</valUSD>
        <pctVal>0.0416566134</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>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="156.1650000000"/>
        <valUSD>64928.4500000000</valUSD>
        <pctVal>0.0083547149</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>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="156.1650000000"/>
        <valUSD>48532.2800000000</valUSD>
        <pctVal>0.0062449260</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>806433.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>1176689.3300000000</valUSD>
        <pctVal>0.1514113441</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>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>318472.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>2766801.8900000000</valUSD>
        <pctVal>0.3560202190</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>253653.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.1326000000"/>
        <valUSD>167543.2100000000</valUSD>
        <pctVal>0.0215587428</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>Independence Realty Trust Inc</name>
        <lei>549300Z3L8NU44NQEB29</lei>
        <title>Independence Realty Trust Inc</title>
        <cusip>45378A106</cusip>
        <identifiers>
          <isin value="US45378A1060"/>
          <ticker value="IRT"/>
          <other otherDesc="SEDOL" value="BCRYTK1"/>
        </identifiers>
        <balance>93318.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1546279.2600000000</valUSD>
        <pctVal>0.1989685936</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>13381.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>708657.7600000000</valUSD>
        <pctVal>0.0911870459</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"/>
        </identifiers>
        <balance>44001.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3640500000"/>
        <valUSD>431929.4700000000</valUSD>
        <pctVal>0.0555788346</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>31986.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>997963.2000000000</valUSD>
        <pctVal>0.1284136310</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"/>
        </identifiers>
        <balance>223199.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5879061.6600000000</valUSD>
        <pctVal>0.7564924787</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>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>117081.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12683384.7300000000</valUSD>
        <pctVal>1.6320436334</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>Killam Apartment Real Estate Investment Trust</name>
        <lei>2549001RZSL75H60JE41</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>33074.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3640500000"/>
        <valUSD>409772.8100000000</valUSD>
        <pctVal>0.0527278104</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>254900ARY41P4V1JL861</lei>
        <title>Kimco Realty Corp</title>
        <cusip>49446R109</cusip>
        <identifiers>
          <isin value="US49446R1095"/>
          <ticker value="KIM"/>
          <other otherDesc="SEDOL" value="2491594"/>
        </identifiers>
        <balance>253221.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5963354.5500000000</valUSD>
        <pctVal>0.7673389268</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>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>85297.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2221986.8500000000</valUSD>
        <pctVal>0.2859157527</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>20278.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>804631.0400000000</valUSD>
        <pctVal>0.1035364766</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>529900Y8WW4MKVPTB543</lei>
        <title>Lamar Advertising Co</title>
        <cusip>512816109</cusip>
        <identifiers>
          <isin value="US5128161099"/>
          <ticker value="LAMR"/>
          <other otherDesc="SEDOL" value="BSPHGN6"/>
        </identifiers>
        <balance>35716.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4919521.8400000000</valUSD>
        <pctVal>0.6330230037</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>529043408</cusip>
        <identifiers>
          <isin value="US5290434084"/>
          <ticker value="LXP"/>
          <other otherDesc="SEDOL" value="BSLN6B6"/>
        </identifiers>
        <balance>25547.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1266109.3200000000</valUSD>
        <pctVal>0.1629175255</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>17470.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>707884.4000000000</valUSD>
        <pctVal>0.0910875332</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>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>7013.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>570452.5200000000</valUSD>
        <pctVal>0.0734033874</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>Veris Residential Inc</name>
        <lei>254900KTVBRYJCQU2J23</lei>
        <title>Veris Residential Inc</title>
        <cusip>554489104</cusip>
        <identifiers>
          <isin value="US5544891048"/>
          <ticker value="VRE"/>
          <other otherDesc="SEDOL" value="2192314"/>
        </identifiers>
        <balance>17459.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>329102.1500000000</valUSD>
        <pctVal>0.0423474554</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>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>1399.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>51572.1300000000</valUSD>
        <pctVal>0.0066360808</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>48198.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6451784.2800000000</valUSD>
        <pctVal>0.8301879729</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>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>2027979.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>2957978.6500000000</valUSD>
        <pctVal>0.3806200258</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>529900GJVR4RTMBL6Z40</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>175365.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6670830000"/>
        <valUSD>203807.1100000000</valUSD>
        <pctVal>0.0262250262</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>Cromwell Property Group</name>
        <lei>N/A</lei>
        <title>Cromwell Property Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CMW8"/>
          <ticker value="CMW"/>
          <other otherDesc="SEDOL" value="6225476"/>
        </identifiers>
        <balance>597657.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>189284.3100000000</valUSD>
        <pctVal>0.0243562944</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 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>272296.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>784353.2100000000</valUSD>
        <pctVal>0.1009272123</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>Aspen Group Ltd/Australia</name>
        <lei>529900EO4LDRP0T6V445</lei>
        <title>Aspen Group Ltd/Australia</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000APZ8"/>
          <ticker value="APZ"/>
          <other otherDesc="SEDOL" value="6361057"/>
        </identifiers>
        <balance>57841.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>256789.0800000000</valUSD>
        <pctVal>0.0330425192</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>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"/>
        </identifiers>
        <balance>20407.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1715616.4900000000</valUSD>
        <pctVal>0.2207581832</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>997106.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>3589561.7300000000</valUSD>
        <pctVal>0.4618894319</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"/>
        </identifiers>
        <balance>71554.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3242827.2800000000</valUSD>
        <pctVal>0.4172731277</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>52990053R8NL2MB32172</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>3953.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>3677481.7300000000</valUSD>
        <pctVal>0.4732026010</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>2981.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>2481970.7000000000</valUSD>
        <pctVal>0.3193693612</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>6137.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>83708.6800000000</valUSD>
        <pctVal>0.0107712745</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>2871766.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2649000000"/>
        <valUSD>5555976.1000000000</valUSD>
        <pctVal>0.7149192124</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 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>345661.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>463716.3600000000</valUSD>
        <pctVal>0.0596690354</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 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>1468.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>1001875.0400000000</valUSD>
        <pctVal>0.1289169898</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>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>207652.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>970293.5600000000</valUSD>
        <pctVal>0.1248532202</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>723.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>632867.3400000000</valUSD>
        <pctVal>0.0814346592</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>289.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>304107.9000000000</valUSD>
        <pctVal>0.0391313023</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>1419500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2649000000"/>
        <valUSD>1087988.5600000000</valUSD>
        <pctVal>0.1399977088</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>335.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>277869.4100000000</valUSD>
        <pctVal>0.0357550458</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>1000284.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>2317471.8100000000</valUSD>
        <pctVal>0.2982023485</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>723072.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>1430171.6100000000</valUSD>
        <pctVal>0.1840283584</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>12818.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>5746.0700000000</valUSD>
        <pctVal>0.0007393797</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>254900W31UGIMDQW3W98</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>171326.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>350850.0600000000</valUSD>
        <pctVal>0.0451458833</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="156.1650000000"/>
        <valUSD>50134.6100000000</valUSD>
        <pctVal>0.0064511069</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>329505.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>417952.4800000000</valUSD>
        <pctVal>0.0537803353</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>207101.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>243298.0100000000</valUSD>
        <pctVal>0.0313065461</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>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>240168.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>155034.3800000000</valUSD>
        <pctVal>0.0199491601</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>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>115793.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>120600.0700000000</valUSD>
        <pctVal>0.0155183006</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>22066.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>2764596.8100000000</valUSD>
        <pctVal>0.3557364788</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>512694.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>611026.8200000000</valUSD>
        <pctVal>0.0786243146</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>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>1944.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>2116077.2100000000</valUSD>
        <pctVal>0.2722877538</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>Tera Yatirim Teknoloji Holding AS</name>
        <lei>789000KVPWX002KFYM43</lei>
        <title>Tera Yatirim Teknoloji Holding AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRAGLOBL91Q0"/>
          <ticker value="TEHOL"/>
          <other otherDesc="SEDOL" value="B03MT61"/>
        </identifiers>
        <balance>1181100.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>379087.9600000000</valUSD>
        <pctVal>0.0487794153</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>Axis Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>Axis Real Estate Investment Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5106TO008"/>
          <ticker value="AXRB"/>
          <other otherDesc="SEDOL" value="B0CMCL8"/>
        </identifiers>
        <balance>403500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="3.8910000000"/>
        <valUSD>210394.6100000000</valUSD>
        <pctVal>0.0270726774</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>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>608509.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2649000000"/>
        <valUSD>271805.1800000000</valUSD>
        <pctVal>0.0349747266</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>262.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>266103.1000000000</valUSD>
        <pctVal>0.0342410074</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>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>75186.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>1088744.4700000000</valUSD>
        <pctVal>0.1400949761</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>Acadia Realty Trust</name>
        <lei>254900C5XLB1YYJQSH07</lei>
        <title>Acadia Realty Trust</title>
        <cusip>004239109</cusip>
        <identifiers>
          <isin value="US0042391096"/>
          <ticker value="AKR"/>
          <other otherDesc="SEDOL" value="2566522"/>
        </identifiers>
        <balance>40005.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>836904.6000000000</valUSD>
        <pctVal>0.1076893001</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>47277.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3804852.9600000000</valUSD>
        <pctVal>0.4895921855</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>451974.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>2484817.2600000000</valUSD>
        <pctVal>0.3197356444</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>1188531.8200000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1188531.8200000000</valUSD>
        <pctVal>0.1529351850</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>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="156.1650000000"/>
        <valUSD>84216.1100000000</valUSD>
        <pctVal>0.0108365684</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>401.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>937201.8100000000</valUSD>
        <pctVal>0.1205951156</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>Link REIT</name>
        <lei>529900XUE70U36QX5M62</lei>
        <title>Link REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0823032773"/>
          <ticker value="823"/>
          <other otherDesc="SEDOL" value="B0PB4M7"/>
        </identifiers>
        <balance>1465311.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8234000000"/>
        <valUSD>7244327.7800000000</valUSD>
        <pctVal>0.9321690766</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>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>1379491.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2649000000"/>
        <valUSD>1057296.0400000000</valUSD>
        <pctVal>0.1360483268</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>Is Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000STDVBPGEJLK432</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>420045.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>208676.3700000000</valUSD>
        <pctVal>0.0268515817</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>789000IV2JQZ21HPA884</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>34906.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>7492.5800000000</valUSD>
        <pctVal>0.0009641131</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>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>680000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8234000000"/>
        <valUSD>243052.4100000000</valUSD>
        <pctVal>0.0312749433</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>2817.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>1530096.5700000000</valUSD>
        <pctVal>0.1968862743</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>233102.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>3658674.3100000000</valUSD>
        <pctVal>0.4707825428</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>35380015J62221TE0D86</lei>
        <title>Japan Excellent Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046420000"/>
          <ticker value="8987"/>
          <other otherDesc="SEDOL" value="B15T1R2"/>
        </identifiers>
        <balance>523.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>510976.9200000000</valUSD>
        <pctVal>0.0657503219</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>914.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>678155.1800000000</valUSD>
        <pctVal>0.0872621045</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>652729.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2649000000"/>
        <valUSD>1181560.7600000000</valUSD>
        <pctVal>0.1520381788</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>Getty Realty Corp</name>
        <lei>2549000P1W5SFJWCNP90</lei>
        <title>Getty Realty Corp</title>
        <cusip>374297109</cusip>
        <identifiers>
          <isin value="US3742971092"/>
          <ticker value="GTY"/>
          <other otherDesc="SEDOL" value="2698146"/>
        </identifiers>
        <balance>20463.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>671595.6600000000</valUSD>
        <pctVal>0.0864180536</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>17200.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3640500000"/>
        <valUSD>1159696.4900000000</valUSD>
        <pctVal>0.1492247782</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>94947.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4960031.2800000000</valUSD>
        <pctVal>0.6382355849</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>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>150136.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="90.9762500000"/>
        <valUSD>763184.6500000000</valUSD>
        <pctVal>0.0982033326</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>151933.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1438.5000000000"/>
        <valUSD>457034.4400000000</valUSD>
        <pctVal>0.0588092346</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>107246.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>605746.2000000000</valUSD>
        <pctVal>0.0779448270</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>366113.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="90.9762500000"/>
        <valUSD>373000.3000000000</valUSD>
        <pctVal>0.0479960813</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>6224.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1438.5000000000"/>
        <valUSD>18950.1100000000</valUSD>
        <pctVal>0.0024384190</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>540300.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>278078.9000000000</valUSD>
        <pctVal>0.0357820020</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</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>617146.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.9237500000"/>
        <valUSD>292063.3900000000</valUSD>
        <pctVal>0.0375814663</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>54930090SCENRBKUJO67</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>5946.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>135760.2400000000</valUSD>
        <pctVal>0.0174690463</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>97510.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="90.9762500000"/>
        <valUSD>173389.7600000000</valUSD>
        <pctVal>0.0223110518</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>269802.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2649000000"/>
        <valUSD>531019.5700000000</valUSD>
        <pctVal>0.0683293243</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>353800JY6M2692VAV685</lei>
        <title>Invincible Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046190009"/>
          <ticker value="8963"/>
          <other otherDesc="SEDOL" value="B00STP1"/>
        </identifiers>
        <balance>2972.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>1261993.8200000000</valUSD>
        <pctVal>0.1623879606</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>262303.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>198496.4800000000</valUSD>
        <pctVal>0.0255416770</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>1452.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>832363.8400000000</valUSD>
        <pctVal>0.1071050145</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>468700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>2238109.4200000000</valUSD>
        <pctVal>0.2879903360</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>967502.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>19901880.7500000000</valUSD>
        <pctVal>2.5608887897</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>892369.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>104054.2600000000</valUSD>
        <pctVal>0.0133892566</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>First Capital Real Estate Investment Trust</name>
        <lei>54930042UG2WCIIAQZ39</lei>
        <title>First Capital Real Estate Investment Trust</title>
        <cusip>31890B103</cusip>
        <identifiers>
          <isin value="CA31890B1031"/>
          <ticker value="FCR-U"/>
          <other otherDesc="SEDOL" value="BKSLS55"/>
        </identifiers>
        <balance>58319.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3640500000"/>
        <valUSD>914514.4300000000</valUSD>
        <pctVal>0.1176758007</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>56028.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3537607.9200000000</valUSD>
        <pctVal>0.4552042382</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>999.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19680.3000000000</valUSD>
        <pctVal>0.0025323767</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>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>1146.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>28.5400000000</valUSD>
        <pctVal>0.0000036724</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>39616.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1011000.3200000000</valUSD>
        <pctVal>0.1300911918</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>101153.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4947393.2300000000</valUSD>
        <pctVal>0.6366093748</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>STAG Industrial Inc</name>
        <lei>549300QWYX2W6FASVQ07</lei>
        <title>STAG Industrial Inc</title>
        <cusip>85254J102</cusip>
        <identifiers>
          <isin value="US85254J1025"/>
          <ticker value="STAG"/>
          <other otherDesc="SEDOL" value="B64BRQ5"/>
        </identifiers>
        <balance>70028.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2746498.1600000000</valUSD>
        <pctVal>0.3534076220</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>Sun Communities Inc</name>
        <lei>549300H5GEOJYN41ZG57</lei>
        <title>Sun Communities Inc</title>
        <cusip>866674104</cusip>
        <identifiers>
          <isin value="US8666741041"/>
          <ticker value="SUI"/>
          <other otherDesc="SEDOL" value="2860257"/>
        </identifiers>
        <balance>51607.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7042291.2200000000</valUSD>
        <pctVal>0.9061718772</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>Sunstone Hotel Investors Inc</name>
        <lei>529900ZQ2V52V96ATF67</lei>
        <title>Sunstone Hotel Investors Inc</title>
        <cusip>867892101</cusip>
        <identifiers>
          <isin value="US8678921011"/>
          <ticker value="SHO"/>
          <other otherDesc="SEDOL" value="B034LG1"/>
        </identifiers>
        <balance>95386.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>885182.0800000000</valUSD>
        <pctVal>0.1139014395</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>Tanger Inc</name>
        <lei>UKEW8YSXE4Y581KYOL30</lei>
        <title>Tanger Inc</title>
        <cusip>875465106</cusip>
        <identifiers>
          <isin value="US8754651060"/>
          <ticker value="SKT"/>
          <other otherDesc="SEDOL" value="2874582"/>
        </identifiers>
        <balance>46261.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1714432.6600000000</valUSD>
        <pctVal>0.2206058530</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>Terreno Realty Corp</name>
        <lei>N/A</lei>
        <title>Terreno Realty Corp</title>
        <cusip>88146M101</cusip>
        <identifiers>
          <isin value="US88146M1018"/>
          <ticker value="TRNO"/>
          <other otherDesc="SEDOL" value="B3N4753"/>
        </identifiers>
        <balance>45858.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3029379.4800000000</valUSD>
        <pctVal>0.3898075789</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>UDR Inc</name>
        <lei>P3CH2EG5X6Z1XWU1OO74</lei>
        <title>UDR Inc</title>
        <cusip>902653104</cusip>
        <identifiers>
          <isin value="US9026531049"/>
          <ticker value="UDR"/>
          <other otherDesc="SEDOL" value="2727910"/>
        </identifiers>
        <balance>126339.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4737712.5000000000</valUSD>
        <pctVal>0.6096285563</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>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>28824.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>599250.9600000000</valUSD>
        <pctVal>0.0771090474</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="1.3640500000"/>
        <valUSD>216.1300000000</valUSD>
        <pctVal>0.0000278107</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>59612.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>1452061.7600000000</valUSD>
        <pctVal>0.1868450892</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>130913.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3927390.0000000000</valUSD>
        <pctVal>0.5053597271</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>107451.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>1500108.8200000000</valUSD>
        <pctVal>0.1930275791</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 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>183010.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>35112298.6000000000</valUSD>
        <pctVal>4.5181002235</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>86649.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1062316.7400000000</valUSD>
        <pctVal>0.1366943690</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>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>5620.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3640500000"/>
        <valUSD>48122.5800000000</valUSD>
        <pctVal>0.0061922075</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>59581.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10559540.6300000000</valUSD>
        <pctVal>1.3587564695</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>13812.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3640500000"/>
        <valUSD>174972.5900000000</valUSD>
        <pctVal>0.0225147236</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>218046.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>1477999.5600000000</valUSD>
        <pctVal>0.1901826542</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>549300RMNRTTJRCOYW23</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>11781.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3640500000"/>
        <valUSD>564845.4200000000</valUSD>
        <pctVal>0.0726818898</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>BXP Inc</name>
        <lei>549300OF70FSEUQBT254</lei>
        <title>BXP Inc</title>
        <cusip>101121101</cusip>
        <identifiers>
          <isin value="US1011211018"/>
          <ticker value="BXP"/>
          <other otherDesc="SEDOL" value="2019479"/>
        </identifiers>
        <balance>9810.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>564859.8000000000</valUSD>
        <pctVal>0.0726837402</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>Brixmor Property Group Inc</name>
        <lei>5299007UXW6Y0W2EGZ95</lei>
        <title>Brixmor Property Group Inc</title>
        <cusip>11120U105</cusip>
        <identifiers>
          <isin value="US11120U1051"/>
          <ticker value="BRX"/>
          <other otherDesc="SEDOL" value="BFTDJL8"/>
        </identifiers>
        <balance>67823.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2053002.2100000000</valUSD>
        <pctVal>0.2641715329</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>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>83933.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1627460.8700000000</valUSD>
        <pctVal>0.2094146955</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>549300QXEHJXT6D53X16</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>29457.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3640500000"/>
        <valUSD>371438.2900000000</valUSD>
        <pctVal>0.0477950886</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>44831.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4856990.5400000000</valUSD>
        <pctVal>0.6249767437</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>39687.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3640500000"/>
        <valUSD>1098044.3400000000</valUSD>
        <pctVal>0.1412916435</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>108220.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4395896.4000000000</valUSD>
        <pctVal>0.5656451243</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>UMH Properties Inc</name>
        <lei>529900OM5K3PJ11F0Q09</lei>
        <title>UMH Properties Inc</title>
        <cusip>903002103</cusip>
        <identifiers>
          <isin value="US9030021037"/>
          <ticker value="UMH"/>
          <other otherDesc="SEDOL" value="2908191"/>
        </identifiers>
        <balance>28819.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>434590.5200000000</valUSD>
        <pctVal>0.0559212471</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>3214.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>140194.6800000000</valUSD>
        <pctVal>0.0180396511</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>49515.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1052193.7500000000</valUSD>
        <pctVal>0.1353917860</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>190962.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16453285.9200000000</valUSD>
        <pctVal>2.1171383748</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>VICI Properties Inc</name>
        <lei>254900RKH6RY9KCJQH63</lei>
        <title>VICI Properties Inc</title>
        <cusip>925652109</cusip>
        <identifiers>
          <isin value="US9256521090"/>
          <ticker value="VICI"/>
          <other otherDesc="SEDOL" value="BYWH073"/>
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        <balance>412678.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12467002.3800000000</valUSD>
        <pctVal>1.6042004792</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>WP Carey Inc</name>
        <lei>54930042CRNE713E3Q67</lei>
        <title>WP Carey Inc</title>
        <cusip>92936U109</cusip>
        <identifiers>
          <isin value="US92936U1097"/>
          <ticker value="WPC"/>
          <other otherDesc="SEDOL" value="B826YT8"/>
        </identifiers>
        <balance>87043.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6497759.9500000000</valUSD>
        <pctVal>0.8361039252</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>Welltower Inc</name>
        <lei>254900F33BIAR82QTA19</lei>
        <title>Welltower Inc</title>
        <cusip>95040Q104</cusip>
        <identifiers>
          <isin value="US95040Q1040"/>
          <ticker value="WELL"/>
          <other otherDesc="SEDOL" value="BYVYHH4"/>
        </identifiers>
        <balance>254589.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>52730473.6800000000</valUSD>
        <pctVal>6.7851315471</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>Xenia Hotels &amp; Resorts Inc</name>
        <lei>54930075IWIPHF5IQL62</lei>
        <title>Xenia Hotels &amp; Resorts Inc</title>
        <cusip>984017103</cusip>
        <identifiers>
          <isin value="US9840171030"/>
          <ticker value="XHR"/>
          <other otherDesc="SEDOL" value="BVV6CY1"/>
        </identifiers>
        <balance>43953.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>671601.8400000000</valUSD>
        <pctVal>0.0864188488</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>Argosy Property Ltd</name>
        <lei>9845005EAC0D08F77F73</lei>
        <title>Argosy Property Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZARGE0010S7"/>
          <ticker value="ARG"/>
          <other otherDesc="SEDOL" value="B6ZFBN1"/>
        </identifiers>
        <balance>167191.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6670830000"/>
        <valUSD>114212.8400000000</valUSD>
        <pctVal>0.0146964192</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>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>1154722.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.9237500000"/>
        <valUSD>288892.4300000000</valUSD>
        <pctVal>0.0371734408</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>Resilient REIT Ltd</name>
        <lei>378900F37FF47D486C58</lei>
        <title>Resilient REIT Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000209557"/>
          <ticker value="RES"/>
          <other otherDesc="SEDOL" value="BZ1MVY0"/>
        </identifiers>
        <balance>178216.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.9237500000"/>
        <valUSD>1001765.1700000000</valUSD>
        <pctVal>0.1289028522</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>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>1356900.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2649000000"/>
        <valUSD>1061629.1600000000</valUSD>
        <pctVal>0.1366058941</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>822.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>799764.8100000000</valUSD>
        <pctVal>0.1029103109</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>Sella Capital Real Estate Ltd</name>
        <lei>N/A</lei>
        <title>Sella Capital Real Estate Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IL0011096448"/>
          <ticker value="SLARL"/>
          <other otherDesc="SEDOL" value="B2QF712"/>
        </identifiers>
        <balance>112093.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.1326000000"/>
        <valUSD>327448.0400000000</valUSD>
        <pctVal>0.0421346116</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>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>330309.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>45450.4000000000</valUSD>
        <pctVal>0.0058483628</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>233219.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>171864.1600000000</valUSD>
        <pctVal>0.0221147441</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>1096169.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>72202.1400000000</valUSD>
        <pctVal>0.0092906622</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>1191523.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>3438905.0200000000</valUSD>
        <pctVal>0.4425035717</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>Torunlar Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000AZI3NB7PA5A670</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>146290.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>283629.0000000000</valUSD>
        <pctVal>0.0364961651</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>46756.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>1020300.4300000000</valUSD>
        <pctVal>0.1312878901</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>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>272250.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2649000000"/>
        <valUSD>325110.4900000000</valUSD>
        <pctVal>0.0418338256</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>Fortune Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>Fortune Real Estate Investment Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1O33912138"/>
          <ticker value="778"/>
          <other otherDesc="SEDOL" value="B5T50H7"/>
        </identifiers>
        <balance>520000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.8234000000"/>
        <valUSD>361063.4100000000</valUSD>
        <pctVal>0.0464600934</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>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>605830.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>6858215.0200000000</valUSD>
        <pctVal>0.8824857401</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>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>732522.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>1521266.0900000000</valUSD>
        <pctVal>0.1957500060</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>886500.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="3.8910000000"/>
        <valUSD>566953.5400000000</valUSD>
        <pctVal>0.0729531537</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>1349.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>1485158.9800000000</valUSD>
        <pctVal>0.1911038977</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>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>1370281.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="17.2220000000"/>
        <valUSD>2375832.6900000000</valUSD>
        <pctVal>0.3057119766</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>13549.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>78485.4600000000</valUSD>
        <pctVal>0.0100991729</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>327972.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>108573.4300000000</valUSD>
        <pctVal>0.0139707640</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>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>648662.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="90.9762500000"/>
        <valUSD>3032961.1900000000</valUSD>
        <pctVal>0.3902684580</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>Rural Funds Trust</name>
        <lei>261700WUPOIVLJPDE825</lei>
        <title>Rural Funds Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000RFF5"/>
          <ticker value="RFF"/>
          <other otherDesc="SEDOL" value="BJVD378"/>
        </identifiers>
        <balance>20828.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>31704.4400000000</valUSD>
        <pctVal>0.0040795916</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>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>1152095.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2649000000"/>
        <valUSD>523024.1700000000</valUSD>
        <pctVal>0.0673005105</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>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>38293.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>146195.7500000000</valUSD>
        <pctVal>0.0188118431</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>106439.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1438.5000000000"/>
        <valUSD>358780.5200000000</valUSD>
        <pctVal>0.0461663409</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>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>431.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>257482.3200000000</valUSD>
        <pctVal>0.0331317223</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>3528700.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="57.6650000000"/>
        <valUSD>462805.3000000000</valUSD>
        <pctVal>0.0595518041</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>917128.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>2492975.9200000000</valUSD>
        <pctVal>0.3207854658</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>83489.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="90.9762500000"/>
        <valUSD>338829.4500000000</valUSD>
        <pctVal>0.0435991227</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>14920.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1438.5000000000"/>
        <valUSD>47535.5400000000</valUSD>
        <pctVal>0.0061166697</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>2748117.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.9237500000"/>
        <valUSD>1198800.1300000000</valUSD>
        <pctVal>0.1542564671</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>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>473785.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>36921.1300000000</valUSD>
        <pctVal>0.0047508529</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>124155.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1438.5000000000"/>
        <valUSD>162410.5400000000</valUSD>
        <pctVal>0.0208982928</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>80709.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1438.5000000000"/>
        <valUSD>331612.8000000000</valUSD>
        <pctVal>0.0426705150</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>21000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>705842.5000000000</valUSD>
        <pctVal>0.0908247903</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>33798.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>41548.5700000000</valUSD>
        <pctVal>0.0053462921</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>378900F47D60FBC7C419</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>432818.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.9237500000"/>
        <valUSD>519594.2100000000</valUSD>
        <pctVal>0.0668591579</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>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>122591.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5917467.5700000000</valUSD>
        <pctVal>0.7614343867</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>1262274.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>4590386.7300000000</valUSD>
        <pctVal>0.5906713071</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>51032.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2004536.9600000000</valUSD>
        <pctVal>0.2579352320</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>5561.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>115279.5300000000</valUSD>
        <pctVal>0.0148336763</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"/>
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        <balance>28528.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3640500000"/>
        <valUSD>381893.1000000000</valUSD>
        <pctVal>0.0491403687</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="1.3640500000"/>
        <valUSD>75.8900000000</valUSD>
        <pctVal>0.0000097652</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>529900DFH19P073LZ636</lei>
        <title>Prologis Inc</title>
        <cusip>74340W103</cusip>
        <identifiers>
          <isin value="US74340W1036"/>
          <ticker value="PLD"/>
          <other otherDesc="SEDOL" value="B44WZD7"/>
        </identifiers>
        <balance>367621.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>52411725.9700000000</valUSD>
        <pctVal>6.7441164567</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>254900GLQZAD4N7N5Q19</lei>
        <title>Public Storage</title>
        <cusip>74460D109</cusip>
        <identifiers>
          <isin value="US74460D1090"/>
          <ticker value="PSA"/>
          <other otherDesc="SEDOL" value="2852533"/>
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        <balance>69800.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21432788.0000000000</valUSD>
        <pctVal>2.7578793789</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"/>
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        <balance>340662.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22824354.0000000000</valUSD>
        <pctVal>2.9369401327</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"/>
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        <balance>159816.0000000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>6725623.8400000000</valUSD>
        <pctVal>0.8654244748</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Regency Centers Corp</name>
        <lei>529900053A7X7FJ97S58</lei>
        <title>Regency Centers Corp</title>
        <cusip>758849103</cusip>
        <identifiers>
          <isin value="US7588491032"/>
          <ticker value="REG"/>
          <other otherDesc="SEDOL" value="2726177"/>
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        <balance>76121.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6013559.0000000000</valUSD>
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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>
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      </invstOrSec>
      <invstOrSec>
        <name>Rexford Industrial Realty Inc</name>
        <lei>549300MSLO0DF0EMX355</lei>
        <title>Rexford Industrial Realty Inc</title>
        <cusip>76169C100</cusip>
        <identifiers>
          <isin value="US76169C1009"/>
          <ticker value="REXR"/>
          <other otherDesc="SEDOL" value="BC9ZHL9"/>
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        <balance>96071.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3599780.3700000000</valUSD>
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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>
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      </invstOrSec>
      <invstOrSec>
        <name>RioCan Real Estate Investment Trust</name>
        <lei>549300S8HVUSEU3JBY60</lei>
        <title>RioCan Real Estate Investment Trust</title>
        <cusip>766910103</cusip>
        <identifiers>
          <isin value="CA7669101031"/>
          <ticker value="REI-U"/>
          <other otherDesc="SEDOL" value="2229610"/>
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        <balance>71184.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3640500000"/>
        <valUSD>1029625.2500000000</valUSD>
        <pctVal>0.1324877680</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Gecina SA</name>
        <lei>9695003E4MMA10IBTR26</lei>
        <title>Gecina SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010040865"/>
          <ticker value="GFC"/>
          <other otherDesc="SEDOL" value="7742468"/>
        </identifiers>
        <balance>37670.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>3477802.5100000000</valUSD>
        <pctVal>0.4475087341</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Ryman Hospitality Properties Inc</name>
        <lei>529900GCCWW9SRMPJR11</lei>
        <title>Ryman Hospitality Properties Inc</title>
        <cusip>78377T107</cusip>
        <identifiers>
          <isin value="US78377T1079"/>
          <ticker value="RHP"/>
          <other otherDesc="SEDOL" value="B8QV5C9"/>
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        <balance>25273.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2495708.7500000000</valUSD>
        <pctVal>0.3211371147</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>
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      </invstOrSec>
      <invstOrSec>
        <name>SBA Communications Corp</name>
        <lei>5299001HX8ZN8Y8QIT49</lei>
        <title>SBA Communications Corp</title>
        <cusip>78410G104</cusip>
        <identifiers>
          <isin value="US78410G1040"/>
          <ticker value="SBAC"/>
          <other otherDesc="SEDOL" value="BZ6TS23"/>
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        <balance>45644.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9181747.0400000000</valUSD>
        <pctVal>1.1814678904</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>SL Green Realty Corp</name>
        <lei>549300VQZPJU97H3GT17</lei>
        <title>SL Green Realty Corp</title>
        <cusip>78440X887</cusip>
        <identifiers>
          <isin value="US78440X8873"/>
          <ticker value="SLG"/>
          <other otherDesc="SEDOL" value="BPGKM57"/>
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        <balance>11880.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>437778.0000000000</valUSD>
        <pctVal>0.0563313984</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Sabra Health Care REIT Inc</name>
        <lei>549300E3BC7GU7TAZ621</lei>
        <title>Sabra Health Care REIT Inc</title>
        <cusip>78573L106</cusip>
        <identifiers>
          <isin value="US78573L1061"/>
          <ticker value="SBRA"/>
          <other otherDesc="SEDOL" value="B5NLBP6"/>
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        <balance>99036.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2035189.8000000000</valUSD>
        <pctVal>0.2618795082</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>
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      </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"/>
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        <balance>24901.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>2306394.0200000000</valUSD>
        <pctVal>0.2967769059</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"/>
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        <balance>726.0000000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>682915.5600000000</valUSD>
        <pctVal>0.0878746498</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Crombie Real Estate Investment Trust</name>
        <lei>549300OGQML2MCFAPT83</lei>
        <title>Crombie Real Estate Investment Trust</title>
        <cusip>227107109</cusip>
        <identifiers>
          <isin value="CA2271071094"/>
          <ticker value="CRR-U"/>
          <other otherDesc="SEDOL" value="B11YBV5"/>
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        <balance>25066.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3640500000"/>
        <valUSD>300633.9700000000</valUSD>
        <pctVal>0.0386842919</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>
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      <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"/>
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        <balance>166698.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14926138.9200000000</valUSD>
        <pctVal>1.9206316385</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>
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      </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"/>
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        <balance>92893.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3821618.0200000000</valUSD>
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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>
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      <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"/>
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        <balance>43092.0000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1198388.5200000000</valUSD>
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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>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DiamondRock Hospitality Co</name>
        <lei>529900KKD4BPVBUAQ734</lei>
        <title>DiamondRock Hospitality Co</title>
        <cusip>252784301</cusip>
        <identifiers>
          <isin value="US2527843013"/>
          <ticker value="DRH"/>
          <other otherDesc="SEDOL" value="B090B96"/>
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        <balance>83531.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>838651.2400000000</valUSD>
        <pctVal>0.1079140502</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Digital Realty Trust Inc</name>
        <lei>549300HKCZ31D08NEI41</lei>
        <title>Digital Realty Trust Inc</title>
        <cusip>253868103</cusip>
        <identifiers>
          <isin value="US2538681030"/>
          <ticker value="DLR"/>
          <other otherDesc="SEDOL" value="B03GQS4"/>
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        <balance>134786.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>23884079.2000000000</valUSD>
        <pctVal>3.0733010334</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Dream Industrial Real Estate Investment Trust</name>
        <lei>549300QOI0TM3CBYUH79</lei>
        <title>Dream Industrial Real Estate Investment Trust</title>
        <cusip>26153W109</cusip>
        <identifiers>
          <isin value="CA26153W1095"/>
          <ticker value="DIR-U"/>
          <other otherDesc="SEDOL" value="BMH4P92"/>
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        <balance>78874.0000000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.3640500000"/>
        <valUSD>767894.6700000000</valUSD>
        <pctVal>0.0988093978</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>
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      </invstOrSec>
      <invstOrSec>
        <name>EPR Properties</name>
        <lei>549300YSSXFHMPOWZ492</lei>
        <title>EPR Properties</title>
        <cusip>26884U109</cusip>
        <identifiers>
          <isin value="US26884U1097"/>
          <ticker value="EPR"/>
          <other otherDesc="SEDOL" value="B8XXZP1"/>
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        <balance>20996.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1247372.3600000000</valUSD>
        <pctVal>0.1605065337</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>
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      </invstOrSec>
      <invstOrSec>
        <name>EastGroup Properties Inc</name>
        <lei>31TIGQQZC4P6JMHKSW85</lei>
        <title>EastGroup Properties Inc</title>
        <cusip>277276101</cusip>
        <identifiers>
          <isin value="US2772761019"/>
          <ticker value="EGP"/>
          <other otherDesc="SEDOL" value="2455761"/>
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        <balance>23895.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4690827.4500000000</valUSD>
        <pctVal>0.6035955889</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>Equinix Inc</name>
        <lei>549300EVUN2BTLJ3GT74</lei>
        <title>Equinix Inc</title>
        <cusip>29444U700</cusip>
        <identifiers>
          <isin value="US29444U7000"/>
          <ticker value="EQIX"/>
          <other otherDesc="SEDOL" value="BVLZX12"/>
        </identifiers>
        <balance>40849.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>39797546.7400000000</valUSD>
        <pctVal>5.1209778907</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>Equity LifeStyle Properties Inc</name>
        <lei>529900PEQG66LENB6798</lei>
        <title>Equity LifeStyle Properties Inc</title>
        <cusip>29472R108</cusip>
        <identifiers>
          <isin value="US29472R1086"/>
          <ticker value="ELS"/>
          <other otherDesc="SEDOL" value="2563125"/>
        </identifiers>
        <balance>80797.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5426326.5200000000</valUSD>
        <pctVal>0.6982364596</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>Equity Residential</name>
        <lei>5493008RACSH5EP3PI59</lei>
        <title>Equity Residential</title>
        <cusip>29476L107</cusip>
        <identifiers>
          <isin value="US29476L1070"/>
          <ticker value="EQR"/>
          <other otherDesc="SEDOL" value="2319157"/>
        </identifiers>
        <balance>158272.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10004373.1200000000</valUSD>
        <pctVal>1.2873198917</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>79835.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3640500000"/>
        <valUSD>610446.1300000000</valUSD>
        <pctVal>0.0785495939</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>Healthpeak Properties Inc</name>
        <lei>254900M6MTMZM0I22L81</lei>
        <title>Healthpeak Properties Inc</title>
        <cusip>42250P103</cusip>
        <identifiers>
          <isin value="US42250P1030"/>
          <ticker value="DOC"/>
          <other otherDesc="SEDOL" value="BJBLRK3"/>
        </identifiers>
        <balance>101147.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1788278.9600000000</valUSD>
        <pctVal>0.2301080787</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>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="1438.5000000000"/>
        <valUSD>257.0600000000</valUSD>
        <pctVal>0.0000330774</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>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>66287.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>16725.5100000000</valUSD>
        <pctVal>0.0021521670</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>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>275507.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5397182.1300000000</valUSD>
        <pctVal>0.6944862843</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>Millrose Properties Inc</name>
        <lei>N/A</lei>
        <title>Millrose Properties Inc</title>
        <cusip>601137102</cusip>
        <identifiers>
          <isin value="US6011371027"/>
          <ticker value="MRP"/>
          <other otherDesc="SEDOL" value="BRCFZ51"/>
        </identifiers>
        <balance>62543.0000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1961348.4800000000</valUSD>
        <pctVal>0.2523779234</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>Region Group</name>
        <lei>549300MS6NZV0B7K7D28</lei>
        <title>Region Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000253502"/>
          <ticker value="RGN"/>
          <other otherDesc="SEDOL" value="BPBMY63"/>
        </identifiers>
        <balance>539829.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>887415.8200000000</valUSD>
        <pctVal>0.1141888676</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>Fuzul Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000QJTEWFRG2N2R74</lei>
        <title>Fuzul Gayrimenkul Yatirim Ortakligi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREFUZL00026"/>
          <ticker value="FZLGY"/>
          <other otherDesc="SEDOL" value="BQQ8L39"/>
        </identifiers>
        <balance>186912.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>55058.3900000000</valUSD>
        <pctVal>0.0070846779</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>Shurgard Self Storage Ltd</name>
        <lei>549300J0UEIKU81XO336</lei>
        <title>Shurgard Self Storage Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GG00BQZCBZ44"/>
          <ticker value="SHUR"/>
          <other otherDesc="SEDOL" value="BQZCBZ4"/>
        </identifiers>
        <balance>21238.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>699871.8100000000</valUSD>
        <pctVal>0.0900565075</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hammerson PLC</name>
        <lei>213800G1C9KKVVDN1A60</lei>
        <title>Hammerson PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BRJQ8J25"/>
          <ticker value="HMSO"/>
          <other otherDesc="SEDOL" value="BRJQ8J2"/>
        </identifiers>
        <balance>125149.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>619564.0500000000</valUSD>
        <pctVal>0.0797228488</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>Tosei Reit Investment Corp</name>
        <lei>N/A</lei>
        <title>Tosei Reit Investment Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047830009"/>
          <ticker value="3451"/>
          <other otherDesc="SEDOL" value="BSKPSK6"/>
        </identifiers>
        <balance>40.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>38138.2700000000</valUSD>
        <pctVal>0.0049074693</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>Sekisui House Reit Inc</name>
        <lei>N/A</lei>
        <title>Sekisui House Reit Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047820000"/>
          <ticker value="3309"/>
          <other otherDesc="SEDOL" value="BSKRKL7"/>
        </identifiers>
        <balance>2316.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>1395718.6700000000</valUSD>
        <pctVal>0.1795951016</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>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>9446.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.3640500000"/>
        <valUSD>121533.1500000000</valUSD>
        <pctVal>0.0156383653</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 Group</name>
        <lei>N/A</lei>
        <title>Precinct Properties Group</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZAPTE0001S3"/>
          <ticker value="PCT"/>
          <other otherDesc="SEDOL" value="6093275"/>
        </identifiers>
        <balance>549446.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6670830000"/>
        <valUSD>360884.9900000000</valUSD>
        <pctVal>0.0464371351</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>BWP Property Group Ltd</name>
        <lei>N/A</lei>
        <title>BWP Property Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000BWP3"/>
          <ticker value="BWP"/>
          <other otherDesc="SEDOL" value="6127453"/>
        </identifiers>
        <balance>291992.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>802505.9400000000</valUSD>
        <pctVal>0.1032630278</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>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>95870.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>2944840.8000000000</valUSD>
        <pctVal>0.3789295035</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>Knowledge Realty Trust</name>
        <lei>335800WVLC4EB2SVJ951</lei>
        <title>Knowledge Realty Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE1JAR25012"/>
          <ticker value="KRT"/>
          <other otherDesc="SEDOL" value="BSQLXN6"/>
        </identifiers>
        <balance>93786.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="90.9762500000"/>
        <valUSD>123673.1400000000</valUSD>
        <pctVal>0.0159137301</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>Kiwi Property Group Ltd</name>
        <lei>N/A</lei>
        <title>Kiwi Property Group Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZKPGE0001S9"/>
          <ticker value="KPG"/>
          <other otherDesc="SEDOL" value="BTDY2M7"/>
        </identifiers>
        <balance>279851.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.6670830000"/>
        <valUSD>168481.8900000000</valUSD>
        <pctVal>0.0216795281</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>Waypoint REIT Ltd</name>
        <lei>5493003CS5K82RREKA54</lei>
        <title>Waypoint REIT Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000088064"/>
          <ticker value="WPR"/>
          <other otherDesc="SEDOL" value="BLBQ285"/>
        </identifiers>
        <balance>349713.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>634636.3200000000</valUSD>
        <pctVal>0.0816622840</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>435310.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="57.6650000000"/>
        <valUSD>317309.4000000000</valUSD>
        <pctVal>0.0408300148</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>Fibra MTY SAPI de CV</name>
        <lei>N/A</lei>
        <title>Fibra MTY SAPI de CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXCFFM010000"/>
          <ticker value="FMTY14"/>
          <other otherDesc="SEDOL" value="BTFRPD6"/>
        </identifiers>
        <balance>240600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="17.2220000000"/>
        <valUSD>205645.8000000000</valUSD>
        <pctVal>0.0264616209</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>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>711389.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.9237500000"/>
        <valUSD>1135736.2100000000</valUSD>
        <pctVal>0.1461416720</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>Vakif Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>7890009YB4HE8LK4OB30</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>1030224.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>63605.4400000000</valUSD>
        <pctVal>0.0081844756</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>Suntec Real Estate Investment Trust</name>
        <lei>549300C46QFXSI2F4K13</lei>
        <title>Suntec Real Estate Investment Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1Q52922370"/>
          <ticker value="SUN"/>
          <other otherDesc="SEDOL" value="B04PZ72"/>
        </identifiers>
        <balance>517000.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2649000000"/>
        <valUSD>580080.6200000000</valUSD>
        <pctVal>0.0746422901</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>Stoneweg Europe Stapled Trust</name>
        <lei>N/A</lei>
        <title>Stoneweg Europe Stapled Trust</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXC11267561"/>
          <ticker value="SERT"/>
          <other otherDesc="SEDOL" value="BVMDVL1"/>
        </identifiers>
        <balance>5600.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>11248.0100000000</valUSD>
        <pctVal>0.0014473458</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>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>150.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>124145.1400000000</valUSD>
        <pctVal>0.0159744650</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>62096.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>92433.7000000000</valUSD>
        <pctVal>0.0118939727</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>1927297.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.4051850000"/>
        <valUSD>3359456.3500000000</valUSD>
        <pctVal>0.4322804570</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>Heiwa Real Estate REIT Inc</name>
        <lei>3538003GH25628YW4R98</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>480.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>480984.4600000000</valUSD>
        <pctVal>0.0618910206</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>1218.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>809038.1300000000</valUSD>
        <pctVal>0.1041035620</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>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>161518.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="15.9237500000"/>
        <valUSD>194561.3800000000</valUSD>
        <pctVal>0.0250353252</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>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="156.1650000000"/>
        <valUSD>24057.9600000000</valUSD>
        <pctVal>0.0030956753</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>353800DN63EIYS760S59</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>1494.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.1650000000"/>
        <valUSD>1125976.8400000000</valUSD>
        <pctVal>0.1448858780</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>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>9402.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>212674.1900000000</valUSD>
        <pctVal>0.0273660040</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>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>508300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2649000000"/>
        <valUSD>104649.3600000000</valUSD>
        <pctVal>0.0134658315</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>96990.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.7420320000"/>
        <valUSD>1037523.9500000000</valUSD>
        <pctVal>0.1335041389</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>151699.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ILS" exchangeRt="3.1326000000"/>
        <valUSD>1133050.6600000000</valUSD>
        <pctVal>0.1457961069</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>ARGAN SA</name>
        <lei>529900FXM41XSCUSGH04</lei>
        <title>ARGAN SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010481960"/>
          <ticker value="ARG"/>
          <other otherDesc="SEDOL" value="B1YKDN6"/>
        </identifiers>
        <balance>3399.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8463100000"/>
        <valUSD>285235.3200000000</valUSD>
        <pctVal>0.0367028595</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>Sinpas Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000HBCWJQPLQ3HT14</lei>
        <title>Sinpas Gayrimenkul Yatirim Ortakligi AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRESNGY00019"/>
          <ticker value="SNGYO"/>
          <other otherDesc="SEDOL" value="B1YLGL8"/>
        </identifiers>
        <balance>289320.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="43.9340000000"/>
        <valUSD>29790.7600000000</valUSD>
        <pctVal>0.0038333474</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>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>278300.0000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2649000000"/>
        <valUSD>884579.4800000000</valUSD>
        <pctVal>0.1138238995</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>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-04-28</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>
</edgarSubmission>
