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

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COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
AGREE REALTY CORPCOM0084921001,41421,000SH SOLE 21,00000
AMERICAN HOMES 4 RENT- ACL A02665T3069,332279,900SH SOLE 279,90000
AMERICAN TOWER CORPCOM03027X10012,16850,900SH SOLE 50,90000
AMERICOLD REALTY TRUSTCOM03064D1082,17756,600SH SOLE 56,60000
APARTMENT INCOME REIT COCOM03750L1091,62638,018SH SOLE 38,01800
BOSTON PROPERTIES INCCOM1011211012,87228,360SH SOLE 28,36000
BROOKDALE SENIOR LIVING INCCOM1124631042,237369,700SH SOLE 369,70000
CARETRUST REIT INCCOM14174T1072,342100,586SH SOLE 100,58600
COUSINS PROPERTIES INCCOM22279550277822,010SH SOLE 22,01000
CROWN CASTLE INTL CORPCOM22822V1016,40337,200SH SOLE 37,20000
CUBESMARTCOM2296631096,369168,368SH SOLE 168,36800
CYRUSONE INCCOM23283R1006,874101,500SH SOLE 101,50000
DOUGLAS EMMETT INCCOM25960P10960319,201SH SOLE 19,20100
EQUINIX INCCOM29444U70014,51621,360SH SOLE 21,36000
EQUITY LIFESTYLE PROPERTIESCOM29472R1087,781122,270SH SOLE 122,27000
EQUITY RESIDENTIALSH BEN INT29476L1077,07798,800SH SOLE 98,80000
EXTRA SPACE STORAGE INCCOM30225T1021,0277,751SH SOLE 7,75100
KIMCO REALTY CORPCOM49446R1093,278174,800SH SOLE 174,80000
LIFE STORAGE INCCOM53223X1078459,834SH SOLE 9,83400
MID-AMERICA APARTMENT COMMCOM59522J1038,47458,700SH SOLE 58,70000
NATIONAL RETAIL PROPERTIESCOM63741710691720,800SH SOLE 20,80000
NATL HEALTH INVESTORS INCCOM63633D10473310,135SH SOLE 10,13500
PROLOGIS INCCOM74340W10313,614128,437SH SOLE 128,43700
PS BUSINESS PARKS INC/CACOM69360J1076,55442,400SH SOLE 42,40000
PUBLIC STORAGECOM74460D1094,94620,044SH SOLE 20,04400
REGENCY CENTERS CORPCOM75884910357210,090SH SOLE 10,09000
REXFORD INDUSTRIAL REALTY INCOM76169C10012,212242,300SH SOLE 242,30000
SBA COMMUNICATIONS CORPCL A78410G10410,21436,800SH SOLE 36,80000
SIMON PROPERTY GROUP INCCOM8288061091,0799,486SH SOLE 9,48600
SL GREEN REALTY CORPCOM78440X8042,08429,774SH SOLE 29,77400
SUMMIT HOTEL PROPERTIES INCCOM8660821003,378332,500SH SOLE 332,50000
SUN COMMUNITIES INCCOM8666741045203,464SH SOLE 3,46400
TERRENO REALTY CORPCOM88146M1011,80131,172SH SOLE 31,17200