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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AGREE RLTY CORP COM 008492100   30,290,492 441,488 SH   DFND 1,2,3 0 441,488 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109   910,552,618 7,250,200 SH   DFND 1,2,3 0 7,250,200 0
AMERICOLD REALTY TRUST INC COM 03064D108   509,822,208 17,919,937 SH   DFND 1,2,3 0 17,919,937 0
AVALONBAY CMNTYS INC COM 053484101   75,278,612 447,927 SH   DFND 1,2,3 0 447,927 0
BOSTON PROPERTIES INC COM 101121101   398,387,440 7,361,187 SH   DFND 1,2,3 0 7,361,187 0
COUSINS PPTYS INC COM NEW 222795502   179,867,310 8,412,877 SH   DFND 1,2,3 0 8,412,877 0
CUBESMART COM 229663109   18,088,844 391,364 SH   DFND 1,2,3 0 391,364 0
DIGITAL RLTY TR INC COM 253868103   985,160,578 10,020,960 SH   DFND 1,2,3 0 10,020,960 0
EQUINIX INC COM 29444U700   1,020,425,903 1,415,214 SH   DFND 1,2,3 0 1,415,214 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108   40,040,427 596,461 SH   DFND 1,2,3 0 596,461 0
EQUITY RESIDENTIAL SH BEN INT 29476L107   701,894,760 11,698,246 SH   DFND 1,2,3 0 11,698,246 0
EXTRA SPACE STORAGE INC COM 30225T102   431,372,165 2,647,592 SH   DFND 1,2,3 0 2,647,592 0
FEDERAL RLTY INVT TR NEW SH BEN INT NEW 313745101   42,684,282 431,896 SH   DFND 1,2,3 0 431,896 0
HEALTHCARE RLTY TR CL A COM 42226K105   219,875,097 11,374,811 SH   DFND 1,2,3 0 11,374,811 0
HEALTHPEAK PROPERTIES INC COM 42250P103   55,073,913 2,506,778 SH   DFND 1,2,3 0 2,506,778 0
INVITATION HOMES INC COM 46187W107   538,284,402 17,236,132 SH   DFND 1,2,3 0 17,236,132 0
JBG SMITH PPTYS COM 46590V100   8,008,140 531,749 SH   DFND 1,2,3 0 531,749 0
KILROY RLTY CORP COM 49427F108   187,336,800 5,782,000 SH   DFND 1,2,3 0 5,782,000 0
KIMCO RLTY CORP COM 49446R109   281,169,563 14,396,803 SH   DFND 1,2,3 0 14,396,803 0
LIFE STORAGE INC COM 53223X107   47,045,841 358,882 SH   DFND 1,2,3 0 358,882 0
MACERICH CO COM 554382101   5,469,865 516,025 SH   DFND 1,2,3 0 516,025 0
MID-AMER APT CMNTYS INC COM 59522J103   502,867,743 3,329,368 SH   DFND 1,2,3 0 3,329,368 0
NETSTREIT CORP COM 64119V303   33,051,593 1,808,074 SH   DFND 1,2,3 0 1,808,074 0
PARAMOUNT GROUP INC COM 69924R108   1,595,863 349,970 SH   DFND 1,2,3 0 349,970 0
PARK HOTELS & RESORTS INC COM 700517105   13,634,304 1,103,099 SH   DFND 1,2,3 0 1,103,099 0
PROLOGIS INC. COM 74340W103   2,497,380,100 20,015,870 SH   DFND 1,2,3 0 20,015,870 0
PUBLIC STORAGE COM 74460D109   584,356,888 1,934,060 SH   DFND 1,2,3 0 1,934,060 0
REALTY INCOME CORP COM 756109104   445,201,590 7,030,979 SH   DFND 1,2,3 0 7,030,979 0
REGENCY CTRS CORP COM 758849103   187,492,412 3,064,603 SH   DFND 1,2,3 0 3,064,603 0
RETAIL OPPORTUNITY INVTS COR COM 76131N101   26,726,574 1,914,511 SH   DFND 1,2,3 0 1,914,511 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107   33,327,068 371,415 SH   DFND 1,2,3 0 371,415 0
SIMON PPTY GROUP INC NEW COM 828806109   91,899,154 820,748 SH   DFND 1,2,3 0 820,748 0
SUN CMNTYS INC COM 866674104   75,019,727 532,508 SH   DFND 1,2,3 0 532,508 0
TERRENO RLTY CORP COM 88146M101   69,590,608 1,077,254 SH   DFND 1,2,3 0 1,077,254 0
URBAN EDGE PPTYS COM 91704F104   7,430,107 493,367 SH   DFND 1,2,3 0 493,367 0
VENTAS INC COM 92276F100   787,246,838 18,160,250 SH   DFND 1,2,3 0 18,160,250 0
VICI PPTYS INC COM 925652109   121,288,239 3,718,217 SH   DFND 1,2,3 0 3,718,217 0
WELLTOWER INC COM 95040Q104   22,302,257 311,093 SH   DFND 1,2,3 0 311,093 0
WP CAREY INC COM 92936U109   59,545,341 768,823 SH   DFND 1,2,3 0 768,823 0