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
EQUINIX INC COM 29444U700   2,227,174 2,841 SH   SOLE   2,841 0 0
MARRIOTT VACATIONS WORLDWIDE COM 57164Y107   1,382,441 11,265 SH   SOLE   11,265 0 0
PUBLIC STORAGE COM 74460D109   2,306,728 7,903 SH   SOLE   7,903 0 0
SUN CMNTYS INC COM 866674104   1,617,704 12,400 SH   SOLE   12,400 0 0
VICI PPTYS INC COM 925652109   2,118,319 67,398 SH   SOLE   67,398 0 0
WELLTOWER INC COM 95040Q104   1,368,012 16,912 SH   SOLE   16,912 0 0
INVITATION HOMES INC COM 46187W107   786,350 22,859 SH   SOLE   22,859 0 0
WEST FRASER TIMBER CO LTD COM 952845105   38,158,096 443,802 SH   SOLE   443,802 0 0
JONES LANG LASALLE INC COM 48020Q107   20,071,714 128,830 SH   SOLE   128,830 0 0
AMERICAN HOMES 4 RENT CL A 02665T306   20,890,472 589,294 SH   SOLE   589,294 0 0
VENTAS INC COM 92276F100   26,022,608 550,510 SH   SOLE   550,510 0 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105   44,902,653 654,844 SH   SOLE   654,844 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106   20,009,875 906,655 SH   SOLE   906,655 0 0
SAFEHOLD INC COM 78646V107   19,683,798 829,490 SH   SOLE   829,490 0 0
BRIXMOR PPTY GROUP INC COM 11120U105   37,466,220 1,703,010 SH   SOLE   1,703,010 0 0
DIGITALBRIDGE GROUP INC CL A NEW 25401T603   26,874,273 1,826,939 SH   SOLE   1,826,939 0 0
HOST HOTELS & RESORTS INC COM 44107P104   15,617,213 927,939 SH   SOLE   927,939 0 0
REXFORD INDL RLTY INC COM 76169C100   33,627,069 643,950 SH   SOLE   643,950 0 0
COUSINS PPTYS INC COM NEW 222795502   14,798,272 649,047 SH   SOLE   649,047 0 0
AVALONBAY CMNTYS INC COM 053484101   16,443,210 86,877 SH   SOLE   86,877 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104   34,313,227 148,055 SH   SOLE   148,055 0 0
AMERICOLD REALTY TRUST INC COM 03064D108   43,002,444 1,331,345 SH   SOLE   1,331,345 0 0
AMERICAN TOWER CORP NEW COM 03027X100   18,574,411 95,774 SH   SOLE   95,774 0 0
KITE RLTY GROUP TR COM NEW 49803T300   29,342,474 1,313,450 SH   SOLE   1,313,450 0 0
EASTGROUP PPTYS INC COM 277276101   28,831,836 166,082 SH   SOLE   166,082 0 0
ESSEX PPTY TR INC COM 297178105   24,650,001 105,207 SH   SOLE   105,207 0 0
DIGITAL RLTY TR INC COM 253868103   21,245,865 186,580 SH   SOLE   186,580 0 0
ENSIGN GROUP INC COM 29358P101   15,361,995 160,926 SH   SOLE   160,926 0 0