The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AGREE REALTY CORP COM 008492100 3,092 47,050 SH   SOLE   47,050 0 0
AMERICAN HOMES 4 RENT CL A 02665T306 7,726 287,230 SH   SOLE   287,230 0 0
AMERICAN TOWER CORP NEW COM 03027X100 9,566 37,000 SH   SOLE   37,000 0 0
AMERICOLD RLTY TR COM 03064D108 4,325 119,140 SH   SOLE   119,140 0 0
APARTMENT INVT & MGMT CO CL A 03748R754 1,073 28,500 SH   SOLE   28,500 0 0
BOSTON PPTYS LTD PARTNERSHIP COM 101121101 2,086 23,080 SH   SOLE   23,080 0 0
CARETRUST REIT INC COM 14174T107 2,039 118,829 SH   SOLE   118,829 0 0
COUSINS PPTYS INC COM NEW 222795502 1,414 47,410 SH   SOLE   47,410 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 5,673 33,900 SH   SOLE   33,900 0 0
CUBESMART COM 229663109 3,926 145,468 SH   SOLE   145,468 0 0
CYRUSONE INC COM 23283R100 9,975 137,110 SH   SOLE   137,110 0 0
DOUGLAS EMMETT INC COM 25960P109 1,518 49,521 SH   SOLE   49,521 0 0
EQUINIX INC COM 29444U700 13,323 18,970 SH   SOLE   18,970 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108 7,280 116,520 SH   SOLE   116,520 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 6,519 110,830 SH   SOLE   110,830 0 0
EXTRA SPACE STORAGE INC COM 30225T102 2,646 28,651 SH   SOLE   28,651 0 0
HEALTHCARE RLTY TR COM 421946104 1,655 56,510 SH   SOLE   56,510 0 0
LIFE STORAGE INC COM 53223X107 736 7,756 SH   SOLE   7,756 0 0
MID-AMER APT CMNTYS INC COM 59522J103 7,800 68,020 SH   SOLE   68,020 0 0
NATIONAL HEALTH INVS INC COM 63633D104 1,345 22,155 SH   SOLE   22,155 0 0
PARAMOUNT GROUP INC COM 69924R108 494 64,100 SH   SOLE   64,100 0 0
PROLOGIS INC. COM 74340W103 11,092 118,847 SH   SOLE   118,847 0 0
PUBLIC STORAGE COM 74460D109 3,271 17,044 SH   SOLE   17,044 0 0
REGENCY CTRS CORP COM 758849103 1,617 35,235 SH   SOLE   35,235 0 0
REXFORD INDL RLTY INC COM 76169C100 7,797 188,200 SH   SOLE   188,200 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104 1,436 4,820 SH   SOLE   4,820 0 0
SIMON PPTY GROUP INC NEW COM 828806109 1,139 16,656 SH   SOLE   16,656 0 0
SUN CMNTYS INC COM 866674104 663 4,884 SH   SOLE   4,884 0 0
TERRENO RLTY CORP COM 88146M101 3,751 71,252 SH   SOLE   71,252 0 0