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
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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
ALEXANDRIA REAL ESTATE EQ IN COM 015271109   40,933,270 281,000 SH   SOLE   281,000 0 0
AMERICAN TOWER CORP NEW COM 03027X100   74,535,950 351,817 SH   SOLE   351,817 0 0
AMERICOLD REALTY TRUST INC COM 03064D108   46,070,675 1,627,364 SH   SOLE   1,627,364 0 0
BOSTON PROPERTIES INC COM 101121101   55,361,063 819,193 SH   SOLE   819,193 0 0
BOYD GAMING CORP COM 103304101   7,088,900 130,000 SH   SOLE   130,000 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107   7,280,315 112,212 SH   SOLE   112,212 0 0
CAMDEN PPTY TR SH BEN INT 133131102   77,814,554 695,518 SH   SOLE   695,518 0 0
CARLISLE COS INC COM 142339100   3,534,750 15,000 SH   SOLE   15,000 0 0
D R HORTON INC COM 23331A109   4,991,840 56,000 SH   SOLE   56,000 0 0
EQUINIX INC COM 29444U700   3,111,393 4,750 SH   SOLE   4,750 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107   64,102,615 1,086,485 SH   SOLE   1,086,485 0 0
FIRST INDL RLTY TR INC COM 32054K103   63,518,268 1,316,168 SH   SOLE   1,316,168 0 0
HEALTHCARE RLTY TR CL A COM 42226K105   19,192,920 996,000 SH   SOLE   996,000 0 0
HEALTHPEAK PROPERTIES INC COM 42250P103   68,362,531 2,726,866 SH   SOLE   2,726,866 0 0
HIGHWOODS PPTYS INC COM 431284108   42,334,971 1,513,044 SH   SOLE   1,513,044 0 0
HOME DEPOT INC COM 437076102   11,112,587 35,182 SH   SOLE   35,182 0 0
INDEPENDENCE RLTY TR INC COM 45378A106   39,227,774 2,326,677 SH   SOLE   2,326,677 0 0
INSPIRED ENTMT INC COM 45782N108   5,997,116 473,332 SH   SOLE   473,332 0 0
JBG SMITH PPTYS COM 46590V100   14,733,794 776,280 SH   SOLE   776,280 0 0
KITE RLTY GROUP TR COM NEW 49803T300   49,875,091 2,369,363 SH   SOLE   2,369,363 0 0
MEDICAL PPTYS TRUST INC COM 58463J304   7,406,908 664,893 SH   SOLE   664,893 0 0
MELCO RESORTS AND ENTMNT LTD ADR 585464100   11,574,785 1,006,503 SH   SOLE   1,006,503 0 0
NATIONAL HEALTH INVS INC COM 63633D104   6,513,296 124,728 SH   SOLE   124,728 0 0
PROLOGIS INC. COM 74340W103   72,285,294 641,225 SH   SOLE   641,225 0 0
REGENCY CTRS CORP COM 758849103   57,229,875 915,678 SH   SOLE   915,678 0 0
REXFORD INDL RLTY INC COM 76169C100   31,144,800 570,000 SH   SOLE   570,000 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107   10,487,713 128,243 SH   SOLE   128,243 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104   53,637,038 191,349 SH   SOLE   191,349 0 0
SIX FLAGS ENTMT CORP NEW COM 83001A102   3,952,500 170,000 SH   SOLE   170,000 0 0
STAG INDL INC COM 85254J102   50,363,019 1,558,744 SH   SOLE   1,558,744 0 0
SUN CMNTYS INC COM 866674104   64,169,391 448,737 SH   SOLE   448,737 0 0
UNITED RENTALS INC COM 911363109   13,150,540 37,000 SH   SOLE   37,000 0 0
VAIL RESORTS INC COM 91879Q109   21,143,790 88,709 SH   SOLE   88,709 0 0
VENTAS INC COM 92276F100   10,882,593 241,567 SH   SOLE   241,567 0 0
VICI PPTYS INC COM 925652109   14,553,756 449,190 SH   SOLE   449,190 0 0
VULCAN MATLS CO COM 929160109   7,179,510 41,000 SH   SOLE   41,000 0 0
WELLTOWER INC COM 95040Q104   63,255,684 964,999 SH   SOLE   964,999 0 0
WILLSCOT MOBIL MINI HLDNG CO COM CL A 971378104   16,204,195 358,738 SH   SOLE   358,738 0 0
WYNN RESORTS LTD COM 983134107   8,082,060 98,000 SH   SOLE   98,000 0 0