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
AMERICAN TOWER CORP NEW COM 03027X100   28,070,390 137,371 SH   SOLE   137,371 0 0
AMERICOLD REALTY TRUST INC COM 03064D108   75,411,391 2,650,664 SH   SOLE   2,650,664 0 0
APARTMENT INVT & MGMT CO CL A 03748R747   8,224,732 1,069,536 SH   SOLE   1,069,536 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107   12,873,100 145,000 SH   SOLE   145,000 0 0
EQUINIX INC COM 29444U700   60,984,121 84,578 SH   SOLE   84,578 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107   63,509,700 1,058,495 SH   SOLE   1,058,495 0 0
ESSEX PPTY TR INC COM 297178105   47,874,237 228,910 SH   SOLE   228,910 0 0
EXTRA SPACE STORAGE INC COM 30225T102   70,524,413 432,851 SH   SOLE   432,851 0 0
FEDERAL RLTY INVT TR NEW SH BEN INT NEW 313745101   38,330,820 387,846 SH   SOLE   387,846 0 0
FIRST INDL RLTY TR INC COM 32054K103   72,795,050 1,368,328 SH   SOLE   1,368,328 0 0
HEALTHPEAK PROPERTIES INC COM 42250P103   42,384,788 1,929,212 SH   SOLE   1,929,212 0 0
HIGHWOODS PPTYS INC COM 431284108   24,701,084 1,065,161 SH   SOLE   1,065,161 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203   17,890,490 127,000 SH   SOLE   127,000 0 0
INDEPENDENCE RLTY TR INC COM 45378A106   41,992,477 2,619,618 SH   SOLE   2,619,618 0 0
INSPIRED ENTMT INC COM 45782N108   6,562,536 513,099 SH   SOLE   513,099 0 0
INVITATION HOMES INC COM 46187W107   56,667,491 1,814,521 SH   SOLE   1,814,521 0 0
KILROY RLTY CORP COM 49427F108   19,160,258 591,366 SH   SOLE   591,366 0 0
KITE RLTY GROUP TR COM NEW 49803T300   40,276,858 1,925,280 SH   SOLE   1,925,280 0 0
LAMAR ADVERTISING CO NEW CL A 512816109   31,193,649 312,280 SH   SOLE   312,280 0 0
LIFE STORAGE INC COM 53223X107   47,922,571 365,570 SH   SOLE   365,570 0 0
MGM RESORTS INTERNATIONAL COM 552953101   17,728,022 399,100 SH   SOLE   399,100 0 0
PROLOGIS INC. COM 74340W103   43,055,008 345,075 SH   SOLE   345,075 0 0
REALTY INCOME CORP COM 756109104   61,213,724 966,736 SH   SOLE   966,736 0 0
REGENCY CTRS CORP COM 758849103   41,051,535 670,996 SH   SOLE   670,996 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107   47,399,962 528,251 SH   SOLE   528,251 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104   40,098,263 153,592 SH   SOLE   153,592 0 0
SL GREEN RLTY CORP COM 78440X887   4,651,127 197,752 SH   SOLE   197,752 0 0
STAG INDL INC COM 85254J102   52,087,501 1,540,139 SH   SOLE   1,540,139 0 0
SUNSTONE HOTEL INVS INC NEW COM 867892101   20,727,183 2,097,893 SH   SOLE   2,097,893 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106   24,964,138 1,271,734 SH   SOLE   1,271,734 0 0
UNITED RENTALS INC COM 911363109   10,685,520 27,000 SH   SOLE   27,000 0 0
VICI PPTYS INC COM 925652109   66,319,070 2,033,080 SH   SOLE   2,033,080 0 0
WELLTOWER INC COM 95040Q104   50,488,901 704,267 SH   SOLE   704,267 0 0
WILLSCOT MOBIL MINI HLDNG CO COM CL A 971378104   18,196,660 388,154 SH   SOLE   388,154 0 0
WYNN RESORTS LTD COM 983134107   15,247,849 136,251 SH   SOLE   136,251 0 0