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 34,854 515,738 SH   DFND 1,2,3 0 515,738 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 1,041,648 7,430,262 SH   DFND 1,2,3 0 7,430,262 0
AMERICOLD REALTY TRUST INC COM 03064D108 452,637 18,399,871 SH   DFND 1,2,3 0 18,399,871 0
AVALONBAY CMNTYS INC COM 053484101 85,511 464,256 SH   DFND 1,2,3 0 464,256 0
BOSTON PROPERTIES INC COM 101121101 566,295 7,553,627 SH   DFND 1,2,3 0 7,553,627 0
COUSINS PPTYS INC COM NEW 222795502 203,038 8,695,417 SH   DFND 1,2,3 0 8,695,417 0
DIGITAL RLTY TR INC COM 253868103 999,441 10,077,039 SH   DFND 1,2,3 0 10,077,039 0
DUKE REALTY CORP COM NEW 264411505 49,943 1,036,160 SH   DFND 1,2,3 0 1,036,160 0
EQUINIX INC COM 29444U700 842,436 1,480,971 SH   DFND 1,2,3 0 1,480,971 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108 43,740 696,047 SH   DFND 1,2,3 0 696,047 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 796,316 11,846,409 SH   DFND 1,2,3 0 11,846,409 0
ESSEX PPTY TR INC COM 297178105 74,974 309,515 SH   DFND 1,2,3 0 309,515 0
EXTRA SPACE STORAGE INC COM 30225T102 474,178 2,745,513 SH   DFND 1,2,3 0 2,745,513 0
FEDERAL RLTY INVT TR NEW SH BEN INT NEW 313745101 50,376 558,993 SH   DFND 1,2,3 0 558,993 0
GULFPORT ENERGY CORP COMMON SHARES 402635502 22,844 258,742 SH   DFND 1,2,3 0 258,742 0
HEALTHCARE RLTY TR CL A COM 42226K105 242,859 11,647,905 SH   DFND 1,2,3 0 11,647,905 0
HEALTHPEAK PROPERTIES INC COM 42250P103 67,154 2,929,910 SH   DFND 1,2,3 0 2,929,910 0
INVITATION HOMES INC COM 46187W107 589,717 17,462,755 SH   DFND 1,2,3 0 17,462,755 0
JBG SMITH PPTYS COM 46590V100 13,986 752,741 SH   DFND 1,2,3 0 752,741 0
KILROY RLTY CORP COM 49427F108 243,480 5,782,000 SH   DFND 1,2,3 0 5,782,000 0
KIMCO RLTY CORP COM 49446R109 279,188 15,164,996 SH   DFND 1,2,3 0 15,164,996 0
LIFE STORAGE INC COM 53223X107 59,741 539,372 SH   DFND 1,2,3 0 539,372 0
MID-AMER APT CMNTYS INC COM 59522J103 519,979 3,353,192 SH   DFND 1,2,3 0 3,353,192 0
NETSTREIT CORP COM 64119V303 37,555 2,108,642 SH   DFND 1,2,3 0 2,108,642 0
PARAMOUNT GROUP INC COM 69924R108 4,645 745,519 SH   DFND 1,2,3 0 745,519 0
PARK HOTELS & RESORTS INC COM 700517105 14,526 1,290,015 SH   DFND 1,2,3 0 1,290,015 0
PROLOGIS INC. COM 74340W103 2,026,547 19,946,324 SH   DFND 1,2,3 0 19,946,324 0
PUBLIC STORAGE COM 74460D109 567,037 1,936,534 SH   DFND 1,2,3 0 1,936,534 0
REALTY INCOME CORP COM 756109104 414,572 7,123,223 SH   DFND 1,2,3 0 7,123,223 0
REGENCY CTRS CORP COM 758849103 165,029 3,064,603 SH   DFND 1,2,3 0 3,064,603 0
RETAIL OPPORTUNITY INVTS COR COM 76131N101 34,839 2,531,882 SH   DFND 1,2,3 0 2,531,882 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107 31,934 433,942 SH   DFND 1,2,3 0 433,942 0
SIMON PPTY GROUP INC NEW COM 828806109 59,216 659,791 SH   DFND 1,2,3 0 659,791 0
SL GREEN RLTY CORP COM 78440X887 15,500 385,953 SH   DFND 1,2,3 0 385,953 0
SUN CMNTYS INC COM 866674104 84,171 621,972 SH   DFND 1,2,3 0 621,972 0
TERRENO RLTY CORP COM 88146M101 66,697 1,258,667 SH   DFND 1,2,3 0 1,258,667 0
URBAN EDGE PPTYS COM 91704F104 14,110 1,057,728 SH   DFND 1,2,3 0 1,057,728 0
VENTAS INC COM 92276F100 765,238 19,049,982 SH   DFND 1,2,3 0 19,049,982 0
VICI PPTYS INC COM 925652109 129,656 4,343,588 SH   DFND 1,2,3 0 4,343,588 0
WP CAREY INC COM 92936U109 62,664 897,761 SH   DFND 1,2,3 0 897,761 0