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 RLTY CORP COM 008492100 5,625 79,800 SH   SOLE   79,800 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 4,079 87,300 SH   SOLE   87,300 0 0
AMERICAN TOWER CORP NEW COM 03027X100 5,608 20,760 SH   SOLE   20,760 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 843 5,470 SH   SOLE   5,470 0 0
AMERICOLD RLTY TR COM 03064D108 25,276 667,800 SH   SOLE   667,800 0 0
APARTMENT INCOME REIT CORP COM 03750L109 1,026 21,630 SH   SOLE   21,630 0 0
AVALONBAY CMNTYS INC COM 053484101 50,315 241,100 SH   SOLE   241,100 0 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 6,383 465,600 SH   SOLE   465,600 0 0
BRIXMOR PPTY GROUP INC COM 11120U105 51,509 2,250,300 SH   SOLE   2,250,300 0 0
CAMDEN PPTY TR SH BEN INT 133131102 51,609 389,000 SH   SOLE   389,000 0 0
CHENIERE ENERGY INC COM NEW 16411R208 642 7,400 SH   SOLE   7,400 0 0
CONSOLIDATED EDISON INC COM 209115104 703 9,800 SH   SOLE   9,800 0 0
CORESITE RLTY CORP COM 21870Q105 6,757 50,200 SH   SOLE   50,200 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 2,945 105,200 SH   SOLE   105,200 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 5,681 29,120 SH   SOLE   29,120 0 0
CUBESMART COM 229663109 1,580 34,100 SH   SOLE   34,100 0 0
DIGITAL RLTY TR INC COM 253868103 26,845 178,420 SH   SOLE   178,420 0 0
DUKE REALTY CORP COM NEW 264411505 29,002 612,501 SH   SOLE   612,501 0 0
EASTERLY GOVT PPTYS INC COM 27616P103 997 47,300 SH   SOLE   47,300 0 0
EDISON INTL COM 281020107 512 8,850 SH   SOLE   8,850 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 5,891 76,500 SH   SOLE   76,500 0 0
EVERSOURCE ENERGY COM 30040W108 917 11,430 SH   SOLE   11,430 0 0
EXTRA SPACE STORAGE INC COM 30225T102 4,243 25,900 SH   SOLE   25,900 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 2,200 47,483 SH   SOLE   47,483 0 0
HEALTHCARE RLTY TR COM 421946104 827 27,400 SH   SOLE   27,400 0 0
HEALTHCARE TR AMER INC CL A NEW 42225P501 2,075 77,700 SH   SOLE   77,700 0 0
HEALTHPEAK PROPERTIES INC COM 42250P103 2,873 86,300 SH   SOLE   86,300 0 0
HIGHWOODS PPTYS INC COM 431284108 4,910 108,700 SH   SOLE   108,700 0 0
HOST HOTELS & RESORTS INC COM 44107P104 28,479 1,666,400 SH   SOLE   1,666,400 0 0
HUDSON PAC PPTYS INC COM 444097109 40,954 1,472,100 SH   SOLE   1,472,100 0 0
INVITATION HOMES INC COM 46187W107 45,207 1,212,300 SH   SOLE   1,212,300 0 0
KINDER MORGAN INC DEL COM 49456B101 1,951 107,000 SH   SOLE   107,000 0 0
KITE RLTY GROUP TR COM NEW 49803T300 1,127 51,200 SH   SOLE   51,200 0 0
LIFE STORAGE INC COM 53223X107 15,724 146,475 SH   SOLE   146,475 0 0
NATIONAL RETAIL PROPERTIES I COM 637417106 1,341 28,600 SH   SOLE   28,600 0 0
ONEOK INC NEW COM 682680103 654 11,750 SH   SOLE   11,750 0 0
PARAMOUNT GROUP INC COM 69924R108 25,200 2,502,495 SH   SOLE   2,502,495 0 0
PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 2,680 145,100 SH   SOLE   145,100 0 0
PROLOGIS INC. COM 74340W103 51,716 432,660 SH   SOLE   432,660 0 0
REGENCY CTRS CORP COM 758849103 3,082 48,100 SH   SOLE   48,100 0 0
RETAIL PPTYS AMER INC CL A 76131V202 2,850 248,900 SH   SOLE   248,900 0 0
SABRA HEALTH CARE REIT INC COM 78573L106 28,663 1,574,900 SH   SOLE   1,574,900 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104 1,845 5,790 SH   SOLE   5,790 0 0
SEMPRA ENERGY COM 816851109 1,192 9,000 SH   SOLE   9,000 0 0
SIMON PPTY GROUP INC NEW COM 828806109 404 3,100 SH   SOLE   3,100 0 0
SITE CTRS CORP COM 82981J109 705 46,800 SH   SOLE   46,800 0 0
STORE CAP CORP COM 862121100 1,070 31,000 SH   SOLE   31,000 0 0
SUN CMNTYS INC COM 866674104 45,712 266,700 SH   SOLE   266,700 0 0
VENTAS INC COM 92276F100 4,026 70,500 SH   SOLE   70,500 0 0
VICI PPTYS INC COM 925652109 4,495 144,900 SH   SOLE   144,900 0 0
WELLTOWER INC COM 95040Q104 31,757 382,150 SH   SOLE   382,150 0 0
WILLIAMS COS INC COM 969457100 1,410 53,100 SH   SOLE   53,100 0 0
WP CAREY INC COM 92936U109 51,197 686,100 SH   SOLE   686,100 0 0