-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VCnhs82GE+lT8F3qc9ymWD2gFgLlp/x5Bz7emaB5ZPxjKOotyELWBtForTeCudEF zl7h+/z9HFldNmWMK+P/TQ== 0001033984-08-000003.txt : 20080212 0001033984-08-000003.hdr.sgml : 20080212 20080212132209 ACCESSION NUMBER: 0001033984-08-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20071231 FILED AS OF DATE: 20080212 DATE AS OF CHANGE: 20080212 EFFECTIVENESS DATE: 20080212 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ING CLARION REAL ESTATE SECURITIES/N L.P. CENTRAL INDEX KEY: 0001033984 IRS NUMBER: 232802869 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06044 FILM NUMBER: 08597094 BUSINESS ADDRESS: STREET 1: 201 KING OF PRUSSIA RD STREET 2: SUITE 600 CITY: RADNOR STATE: PA ZIP: 19087 BUSINESS PHONE: 6109952500 MAIL ADDRESS: STREET 1: 201 KING OF PRUSSIA ROAD STREET 2: SUITE 600 CITY: RADNOR STATE: PA ZIP: 19087 FORMER COMPANY: FORMER CONFORMED NAME: CLARION CRA SECURITIES DATE OF NAME CHANGE: 20000811 FORMER COMPANY: FORMER CONFORMED NAME: CRA REAL ESTATE SECURITIES LP/PA DATE OF NAME CHANGE: 19980227 13F-HR 1 inftable.txt FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Australand Property Group COM 6003467 10832 5317652 SH SOLE 3784352 1533300 Babcock & Brown Communities COM 6682253 2280 2822100 SH SOLE 2771100 51000 Babcock & Brown Japan Property COM B06HD83 533 433600 SH SOLE 393500 40100 CFS Retail Property Trust COM 6361370 34572 16826500 SH SOLE 5648500 57500 11120500 Centro Retail Trust COM B0D9Q49 47854 57369266 SH SOLE 57369266 Challenger Diversified Propert COM B1FH0M4 4990 5683400 SH SOLE 2889700 2793700 Charter Hall Group COM B15F6S6 7449 3407000 SH SOLE 409400 2997600 Commonwealth Property Office COM 6150664 106763 78699900 SH SOLE 564000 78135900 DB RREEF Trust COM B033YN6 243947 138914641SH SOLE 44700741 38100 94175800 GPT Group COM 6365866 345444 97381987 SH SOLE 6897081 48900 90436006 Galileo Japan Trust COM B1KN9P3 1976 2922800 SH SOLE 2922800 Goodman Group COM B03FYZ4 239319 55737751 SH SOLE 18647690 57300 37032761 ING Industrial Fund COM 6419558 22053 9888000 SH SOLE 3665200 39100 6183700 Lend Lease Corporation Ltd COM 6512004 8614 567100 SH SOLE 75500 491600 Macquarie CountryWide Trust COM 6225595 138074 95303773 SH SOLE 24183001 63800 71056972 Macquarie DDR Trust COM 6712343 69531 102841100SH SOLE 8145500 56700 94638900 Macquarie Office Trust COM 6703994 77595 63123200 SH SOLE 123500 62999700 Mirvac Group COM 6161978 208196 39518781 SH SOLE 9185581 49300 30283900 Reckson New York Property Trus COM B0LKY95 14549 24366452 SH SOLE 24366452 Stockland COM 6850856 463680 62717353 SH SOLE 4476494 39200 58201659 Tishman Speyer Office Fund COM B04NW19 43941 30796100 SH SOLE 30796100 Valad Property Group COM 6570121 33282 29383000 SH SOLE 6721700 72000 22589300 Westfield Group COM B01BTX7 1203928 65292474 SH SOLE 13014434 63365 52214675 BR Malls Participacoes SA COM B1RYG58 53813 3991100 SH SOLE 2574900 8300 1407900 Construtora Tenda SA COM B28J1X2 11016 1913100 SH SOLE 1505400 407700 MRV Engenharia e Participacoes COM B235JN1 3080 144100 SH SOLE 7400 136700 Rodobens NEG IMOB SA COM B1MJRR7 5630 473800 SH SOLE 473800 Boardwalk Real Estate Investme COM B011205 79531 1761900 SH SOLE 1761900 CROMBIE Real Estate Inv Trust COM 227107307 5639 500000 SH SOLE 500000 Calloway Real Estate Inv Tr 14 COM 131253304 14516 585000 SH SOLE 444900 140100 Calloway Real Estate Investmen COM 2065029 61685 2485900 SH SOLE 287000 2800 2196100 Canadian Apartment Properties COM 2117599 10070 620000 SH SOLE 620000 Canadian Apartment Realty 144A COM 134921105 32278 1987300 SH SOLE 1987300 Canadian Real Estate Investmen COM 2173052 4588 156200 SH SOLE 6000 150200 Cominar REIT COM 2419927 18390 889700 SH SOLE 53700 836000 Crombie Real Estate Investment COM B11YBV5 4056 359700 SH SOLE 359700 Dundee Real Estate Investment COM 2833505 480 14046 SH SOLE 14046 Extendicare Real Estate Invest COM B1GGLK5 5900 466200 SH SOLE 466200 H&R Real Estate Investment-UTS COM 2134145 60978 3033400 SH SOLE 1199400 1834000 Innvest Real Estate Investment COM 2969950 65645 6032400 SH SOLE 2282900 3749500 Innvest Real Estate Investment COM 45771T108 4788 440000 SH SOLE 440000 Primaris Retail Real Estate COM 2920991 52707 2842600 SH SOLE 248300 2594300 Primaris Retail Real Estate - COM 74157U307 12979 700000 SH SOLE 700000 RioCan Real Estate Investment COM 2229610 236426 10693900 SH SOLE 3791300 9100 6893500 PSP Swiss Property AG COM B012877 2304 45600 SH SOLE 43200 2400 Alstria Office Reit-AG COM B1VP947 1134 75700 SH SOLE 5000 70700 Beni Stabili COM 5808135 53 49100 SH SOLE 49100 Citycon OYJ COM 4491097 64108 12013088 SH SOLE 6208421 35657 5769010 Cofinimmo COM 4177988 41107 218428 SH SOLE 218428 Conwert Inmobilien Invest SE COM 7517882 32354 1837991 SH SOLE 773731 5180 1059080 Corio NV COM 4929286 179736 2219025 SH SOLE 710710 3500 1504815 Dic Asset AG COM 7586707 9111 291050 SH SOLE 131055 159995 EuroCastle Investment Ltd COM B0TRNT1 9774 399119 SH SOLE 399119 Eurocommercial Properties COM 4798271 48809 945716 SH SOLE 613151 1600 330965 Fonciere Paris France COM B11FDC3 2690 15591 SH SOLE 14591 1000 Gecina SA COM 7742468 1271 8100 SH SOLE 8100 Klepierre COM 7582556 77312 1512134 SH SOLE 171675 900 1339559 Mercialys COM B0LMF87 37121 970171 SH SOLE 418932 3010 548229 Nieuwe Steen Investments NV COM 5436064 50245 1947092 SH SOLE 1208730 738362 Northern European Properties COM B1G3KL0 1622 1567700 SH SOLE 1567700 Prologis European Properties COM B1FL0G0 8040 553200 SH SOLE 547200 6000 Silic COM 7595747 30558 208401 SH SOLE 95562 550 112289 Sponda OYJ COM 5472563 52548 4399173 SH SOLE 2801703 10900 1586570 Ste De La Tour Eiffel COM 4900140 114832 836796 SH SOLE 455980 600 380216 Unibail-Rodamco COM 7076242 631722 2882064 SH SOLE 1025939 3415 1852710 Vastned Offices/Industrial COM 4927172 55702 1673178 SH SOLE 67900 1605278 Vastned Retail COM 4927194 173779 1809129 SH SOLE 564938 1244191 Warehouses De Pauw Sca COM 5710360 2262 34000 SH SOLE 34000 Wereldhave COM 4948623 133377 1220900 SH SOLE 957800 263100 Yatra Capital COM B1FBT07 3396 230000 SH SOLE 139300 90700 British Land Co COM 0136701 139909 7437520 SH SOLE 3029830 12300 4395390 Brixton PLC COM 0143002 23802 4056700 SH SOLE 1496700 12700 2547300 Derwent London PLC COM 0265274 78804 2799722 SH SOLE 1107022 9700 1683000 Great Portland Estates PLC COM B01FLL1 33753 3607696 SH SOLE 1804500 9300 1793896 Hammerson COM 0406501 163351 8005946 SH SOLE 3494018 12000 4499928 Helical Bar PLC COM B0FYMT9 595 93400 SH SOLE 85700 7700 Hirco PLC COM B1HYQS1 1488 197700 SH SOLE 10600 187100 ING Global Real Estate Securit COM B132SB6 83 50000 SH SOLE 50000 ING UK Real Estate Income Tr COM B0LCW20 23190 16762000 SH SOLE 15495600 1266400 Invista Foundation Property Tr COM B01HM14 7982 4920000 SH SOLE 4920000 Ishaan Real Estate Plc COM B1FW331 3209 1517300 SH SOLE 918400 598900 Kenmore European Industrial La COM BICH317 910 555556 SH SOLE 555556 Land Securities Group COM 3180943 278403 9286747 SH SOLE 3702361 13500 5570886 Liberty International COM 0683434 12936 603400 SH SOLE 603400 Local Shopping Reit COM B1VS7G4 2625 1250000 SH SOLE 1250000 Mapeley Ltd COM B0BHCR0 2404 79700 SH SOLE 67200 12500 Safestore Holdings Limited COM B1N7Z09 44409 12821370 SH SOLE 5468005 52200 7301165 Segro PLC COM B1YFN97 115465 12341538 SH SOLE 6447331 12100 5882107 Shaftesbury PLC COM 0799096 6086 609000 SH SOLE 32400 576600 Unite Group PLC COM 0692861 894 126500 SH SOLE 116500 10000 Agile Property Holdings Ltd COM B0PR2F4 96635 53063600 SH SOLE 44440900 8622700 Beijing Capital Land Ltd COM 6623360 225 370000 SH SOLE 370000 Champion Reit COM B14WZ47 34996 59711100 SH SOLE 2212100 57499000 Cheung Kong Holdings Ltd COM 6190273 159418 8620300 SH SOLE 3158900 20000 5441400 China Overseas Land & Investme COM 6192150 30497 14751500 SH SOLE 14611500 140000 Fortune REIT COM 6677174 6565 9825000 SH SOLE 9825000 Guangzhou R&F Properties Co., COM B19H8Y8 116 32600 SH SOLE 29600 3000 Hang Lung Group Ltd COM 6408352 59318 10857380 SH SOLE 4000080 6857300 Hang Lung Properties Ltd COM 6030506 98786 21820800 SH SOLE 13923200 150000 7747600 KWG Property COM B1YBF00 2231 1513000 SH SOLE 89900 1423100 Kerry Properties Ltd COM 6486314 62141 7734100 SH SOLE 2971144 74000 4688956 Kowloon Developemnt Co Ltd COM 6491998 479 185000 SH SOLE 170000 15000 Link Reit COM B0PB4M7 63493 29329414 SH SOLE 8470500 20858914 New World China Land Ltd. COM 6163929 355 395000 SH SOLE 362000 33000 Shangri-La Asia Ltd. COM 6771032 12281 3908500 SH SOLE 1379700 2528800 Shimao Property Holdings Ltd COM B16YNS1 22257 8721100 SH SOLE 3474700 5246400 Shui On Land Ltd COM B16NHT7 36707 31452400 SH SOLE 16250600 15201800 Shun Tak Holdings Ltd. COM 6806633 657 418000 SH SOLE 386000 32000 Sino Land Co Ltd COM 6810429 39448 11104400 SH SOLE 4264700 6839700 Sun Hung Kai Properties Ltd COM 6859927 308792 14539699 SH SOLE 7326800 35000 7177899 Wharf Holdings Ltd COM 6435576 42489 8110175 SH SOLE 4253100 3857075 DA Office Investment Corp. COM B0LNTF5 34193 5276 SH SOLE 5276 Fukuoka REIT Corp. COM B0B8154 333 49 SH SOLE 45 4 Industrial & Infrastructure RE COM B24HH65 3293 798 SH SOLE 798 Japan Excellent Inc. COM B15T1R2 458 57 SH SOLE 53 4 Japan Hotel and Resort Inc COM B0XPSY1 5622 1499 SH SOLE 19 1480 Japan Logistics Fund Inc COM B07NL19 55301 7646 SH SOLE 1586 6060 Japan Real Estate Toshi Hojin COM 6397580 60078 4794 SH SOLE 1876 2918 Japan Retail Fund Investment COM 6513342 74125 10390 SH SOLE 3763 6627 Kenedix Realty Investment Co COM B0C5Q59 47746 7150 SH SOLE 1895 5255 Mitsubishi Estate Co Ltd COM 6596729 251472 10424200 SH SOLE 4463300 45000 5915900 Mitsui Fudosan Co Ltd COM 6597603 216846 9969100 SH SOLE 4430700 39000 5499400 NTT Urban Development Corp COM B031SG1 12957 7997 SH SOLE 3178 4819 New City Residence Investment COM B04X5T8 22943 5584 SH SOLE 2524 3060 Nippon Accommodations Fund COM B182BB2 35925 6884 SH SOLE 1067 5817 Nippon Building Fund COM 6396800 120369 8565 SH SOLE 2894 5671 Nippon Residential Investment COM 6742919 9591 2126 SH SOLE 115 2011 Nomura Real Estate Office Fund COM 6718211 617 65 SH SOLE 60 5 Nomura Real Estate Residential COM B1N2ZR1 13467 2347 SH SOLE 779 1568 Sumitomo Realty and Developmen COM 6858902 85050 3436290 SH SOLE 1171690 26000 2238600 Tokyo Tatemono Co Ltd COM 6895426 379 40000 SH SOLE 37000 3000 Tokyu Land Corp COM 6895084 706 82000 SH SOLE 76000 6000 Tokyu Reit Inc COM 6687203 5527 588 SH SOLE 61 527 Top Reit Inc COM B0XPSZ2 3525 743 SH SOLE 743 Norwegian Property ASA COM B15KGC5 21132 1725500 SH SOLE 698900 5000 1021600 Goodman Property Trust COM 6299192 15454 13850000 SH SOLE 13850000 Kiwi Income Property Trust COM 6495172 39198 38012000 SH SOLE 38012000 Ayala Land Inc COM 6055112 2663 7714800 SH SOLE 1124600 6590200 Hufvudstaden AB-A SHS COM 4449137 22335 2328340 SH SOLE 1226740 7000 1094600 Allgreen Properties Ltd COM 6153629 4156 4014900 SH SOLE 1012400 3002500 Ascendas India Trust COM B23DMQ9 2446 2750500 SH SOLE 2723500 27000 Ascendas Real Estate Inv Trt COM 6563875 82669 48373300 SH SOLE 6821700 41551600 Ascott Residence Trust COM B10SSL7 289 287000 SH SOLE 264000 23000 CDL Hospitality COM B192HG8 869 532000 SH SOLE 425000 70000 37000 Capitacommercial Trust COM B011YD2 35553 20974100 SH SOLE 1973800 19000300 Capitaland Ltd COM 6309303 78483 18018000 SH SOLE 8125700 9892300 Capitamall Trust COM 6420129 119217 49597400 SH SOLE 8009000 41588400 Capitaretail China Trust COM B1HL3P8 3041 2036200 SH SOLE 1258100 44000 734100 China New Town Development COM B28PL63 75 184000 SH SOLE 184000 City Devs Ltd COM 6197928 286 29000 SH SOLE 27000 2000 Guocoland Ltd COM 6786735 110 28000 SH SOLE 28000 Keppel Land Ltd COM 6853468 11843 2341600 SH SOLE 1208600 1133000 Macquarie MEAG Prime Reit COM B0HZGR6 12718 16643000 SH SOLE 7035700 9607300 Mapletree Logistics Trust COM B0D6P43 2064 2725800 SH SOLE 2725800 Suntec REIT COM B04PZ72 22678 19090000 SH SOLE 19090000 The Ascott Group Ltd COM 6837677 10623 12533700 SH SOLE 6258100 6275600 Wing Tai Holdings Ltd COM 6972385 13599 7250238 SH SOLE 2863138 4387100 Central Pattana Public Co., Lt COM B013L59 1898 2557000 SH SOLE 595000 1962000 AMB Property Corp. COM 00163T109 149459 2596577 SH SOLE 910402 2300 1683875 Acadia Realty Trust COM 004239109 19931 778252 SH SOLE 520502 257750 American Campus Communities COM 024835100 24117 898200 SH SOLE 898200 AvalonBay Communities Inc COM 053484101 132446 1406908 SH SOLE 625198 2150 779560 BRE Properties Inc COM 05564E106 100725 2485200 SH SOLE 621930 3100 1860170 Biomed Realty Trust Inc COM 09063H107 63787 2753013 SH SOLE 1183013 3000 1567000 Boston Properties Inc. COM 101121101 520355 5667734 SH SOLE 1929749 4800 3733185 Brandywine Realty Trust SBI COM 105368203 29258 1631783 SH SOLE 1631783 Brookfield Properties Corp. COM 112900105 41284 2144603 SH SOLE 1002628 7950 1134025 Camden Property Trust COM 133131102 113608 2359469 SH SOLE 1263189 1096280 Cedar Shopping Centers Inc COM 150602209 13011 1271800 SH SOLE 1271800 Colonial Properties Trust SBI COM 195872106 9382 414600 SH SOLE 414600 Corporate Office Properties Tr COM 22002T108 67340 2137767 SH SOLE 789097 2300 1346370 DCT Industrial Trust COM 233153105 931 100000 SH SOLE 100000 Digital Realty Trust Inc COM 253868103 21799 568117 SH SOLE 413317 154800 Douglas Emmett Inc. COM 25960P109 89113 3941330 SH SOLE 1505820 4600 2430910 Dupont Fabros Technology COM 26613Q106 5990 305589 SH SOLE 187886 117703 Eastgroup Properties COM 277276101 7802 186429 SH SOLE 186429 Equity One Inc COM 294752100 29571 1284012 SH SOLE 660512 1700 621800 Equity Residential COM 29476L107 66558 1825019 SH SOLE 591339 1150 1232530 Essex Property Trust Inc COM 297178105 46213 474025 SH SOLE 273485 200540 Extra Space Storage Inc COM 30225T102 82283 5758076 SH SOLE 2422396 3800 3331880 Federal Realty Investment Trus COM 313747206 280743 3417442 SH SOLE 1542402 3800 1871240 FelCor Lodging Trust, Inc. COM 31430F101 18241 1170034 SH SOLE 566934 3800 599300 First Industrial Realty Trust COM 32054K103 52654 1521800 SH SOLE 1521800 GMH Communities Trust COM 36188G102 9138 1655400 SH SOLE 1655400 General Growth Properties Inc COM 370021107 137310 3334375 SH SOLE 1358635 5800 1969940 Glimcher Realty Trust COM 379302102 1835 128400 SH SOLE 128400 Gramercy Capital Corp COM 384871109 21949 902900 SH SOLE 902900 HCP Inc. COM 40414L109 124122 3568778 SH SOLE 2087278 5800 1475700 HRPT Properties Trust COM 40426W101 7278 941484 SH SOLE 941484 Health Care REIT Inc COM 42217K106 136443 3053100 SH SOLE 1405600 1400 1646100 HealthCare Realty Trust COM 421946104 14653 577100 SH SOLE 577100 Hersha Hospitality Trust COM 427825104 3525 371000 SH SOLE 371000 Highwoods Properties Inc COM 431284108 148698 5061203 SH SOLE 1610203 3400 3447600 Home Properties Inc COM 437306103 105708 2356913 SH SOLE 961627 2200 1393086 Hong Kong Land Hlds Ltd USD COM 6434915 47358 9586700 SH SOLE 6009600 3577100 Hospitality Properties Trust COM 44106M102 2971 92200 SH SOLE 92200 Host Hotels & Resorts Inc. COM 44107P104 157558 9246345 SH SOLE 2832765 11010 6402570 Istar Finl Inc. COM 45031u101 19678 755400 SH SOLE 755400 Kilroy Realty Corp COM 49427F108 93465 1700598 SH SOLE 694098 1900 1004600 Kimco Realty Corp. COM 49446R109 95802 2631926 SH SOLE 1308205 6000 1317721 LaSalle Hotels and Properties COM 517942108 36722 1151152 SH SOLE 390852 2000 758300 Liberty Property Trust COM 531172104 91233 3166700 SH SOLE 1568300 1598400 Macerich Co COM 554382101 274389 3861375 SH SOLE 1756945 3500 2100930 Maguire Properties COM 559775101 62008 2104100 SH SOLE 2104100 Mandarin Oriental Intl Ltd COM 6560713 10572 4479500 SH SOLE 1705900 2773600 Medical Properties Trust COM 58463J304 21399 2100000 SH SOLE 2100000 Mid-America Apt. Comm. COM 59522J103 43853 1025800 SH SOLE 1025800 National Retail Properties Onc COM 637417106 22347 955800 SH SOLE 955800 Nationwide Health Properties I COM 638620104 313154 9982602 SH SOLE 5018842 5700 4958060 Omega Healthcare Investors COM 681936100 161498 10062164 SH SOLE 4943904 6200 5112060 Pennsylvania Real Estate COM 709102107 66820 2251353 SH SOLE 1175753 1075600 Plum Creek Timber Co Inc COM 729251108 3943 85633 SH SOLE 51233 34400 Post Properties Inc COM 737464107 68231 1942804 SH SOLE 656004 2100 1284700 ProLogis COM 743410102 297119 4687897 SH SOLE 2458587 7300 2222010 Public Storage COM 74460D109 66014 899246 SH SOLE 384660 1176 513410 RGI International Ltd COM B1H11J8 162 16900 SH SOLE 16900 Ramco Gershenson Properties Tr COM 751452202 4274 200000 SH SOLE 200000 Regency Centers Corporation COM 758849103 265492 4116792 SH SOLE 2089807 4400 2022585 SL Green Realty Corp. COM 78440X101 276480 2958275 SH SOLE 1540345 3200 1414730 Senior Housing Properties Trus COM 81721M109 13774 607317 SH SOLE 216000 391317 Simon Property Group Inc COM 828806109 663890 7643217 SH SOLE 2309865 8300 5325052 Sovran Storage COM 84610H108 10061 250900 SH SOLE 250900 Starwood Hotels and Resorts Wo COM 85590A401 13341 303000 SH SOLE 141600 1300 160100 Strategic Hotels & Resorts, In COM 86272T106 81118 4848637 SH SOLE 1802507 3600 3042530 Sunrise Senior Living Inc COM 86768K106 14177 462100 SH SOLE 462100 Sunstone Hotel Investors Inc COM 867892101 28203 1542000 SH SOLE 1542000 Tanger Factory Outlet Centers COM 875465106 56597 1500836 SH SOLE 888936 2600 609300 Taubman Centers Inc. COM 876664103 110829 2253078 SH SOLE 1305928 3100 944050 U-Store-It Trust COM 91274F104 5085 555100 SH SOLE 555100 UDR Inc. COM 902653104 4585 231000 SH SOLE 231000 Ventas Inc COM 92276F100 294675 6512159 SH SOLE 2295434 8600 4208125 Vornado Realty Trust COM 929042109 160635 1826432 SH SOLE 776212 2300 1047920 Weingarten Realty Investors COM 948741103 7715 245400 SH SOLE 245400 Xinyuan Real Estate Co., Ltd A COM 98417P105 3512 246800 SH SOLE 30200 216600 Brascan Residential Properties B1FY4S9 14087 2279500 SH SOLE 1762000 517500 Unitech Limited - P NOTE (Matu B17MRV5 34568 2784900 SH SOLE 1353300 1431600 AMB Property 7% Series O 00163T505 13170 600000 SH SOLE 600000 AP AIMCAP Corp 8.25% Series A 037402203 1712 126800 SH SOLE 126800 Alexandria Real Estate 8.375% 015271406 20418 773700 SH SOLE 450000 323700 Apartment Invt & Mgmt 7.75% Se 03748R820 8450 403900 SH SOLE 80500 323400 Apartment Invt & Mgmt 7.875% 03748R796 10816 540000 SH SOLE 400000 140000 Apartment Invt & Mgmt Co 8.00% 03748R812 9864 480000 SH SOLE 480000 Ashford Hospitality 8.45% Seri 044103406 11400 600000 SH SOLE 600000 Assoc Estates Realty 8.70% Ser 045604402 4089 174000 SH SOLE 174000 Biomed Realty Trust Inc. 7.375 09063H206 26176 1280000 SH SOLE 480000 800000 Brandywine Realty Trust Series 105368401 2596 127000 SH SOLE 127000 CBL & Assoc Prop 7.75% Series 124830506 1122 51000 SH SOLE 51000 CBL & Assoc Prop 7.375% Series 124830605 14778 754000 SH SOLE 754000 Cedar Shopping Centers 8.8750% 150602308 11750 500000 SH SOLE 272700 227300 Corporate Office Prop Tr 7.625 22002T702 13088 640000 SH SOLE 280000 360000 Corporate Office Prop. 7.5% Se 22002T603 1128 55000 SH SOLE 55000 Cousins Property 7.50% series 222795403 7684 373000 SH SOLE 373000 Developers Diversified 7.5% Se 251591780 8605 414900 SH SOLE 414900 Digital Realty 7.875% PFD Seri 253868301 11629 525000 SH SOLE 125000 400000 Duke Realty Corp 6.95% Series 264411729 17128 850000 SH SOLE 200800 649200 Duke Realty Corp 7.25% Pfd Ser 264411695 9898 480000 SH SOLE 480000 Entertainment Properties 7.375 29380T501 22440 1200000 SH SOLE 400000 800000 Equity Inns Inc 8% Series C 294703400 12995 737300 SH SOLE 388000 349300 Felcor Lodging Trust Inc. 8.00 31430F507 9345 500000 SH SOLE 500000 First Ind Realty Trust 7.25% S 32054K798 1013 50000 SH SOLE 50000 Glimcher Realty Trust 8.1250% 379302409 10684 558200 SH SOLE 515700 42500 Glimcher Realty Trust 8.75% Se 379302300 1952 95000 SH SOLE 20000 75000 Health Care Preferred 7.5000 % 42217K502 2574 80000 SH SOLE 80000 Health Care Reit Inc 7.6250% S 42217K403 18517 849400 SH SOLE 520000 329400 Hersha Hospitality Trust 8.00% 427825203 4200 200000 SH SOLE 200000 Host Marriott 8.8750% Series E 44107P609 26016 1036500 SH SOLE 905600 130900 Innkeepers USA Trust 8.0% Seri 4576J0401 3991 332600 SH SOLE 332600 Istar Financial 7.50% Series I 45031U804 18676 1015000 SH SOLE 1015000 Istar Financial 7.80% Series F 45031U606 2888 150000 SH SOLE 150000 Kilroy Realty 7.50% Series F 49427F504 6800 309100 SH SOLE 309100 LBA Realty Fund II PFD Series 501777205 1494 36000 SH SOLE 36000 LBA Realty Fund PFD Series B 7 501777304 2083 170000 SH SOLE 170000 LTC Properties Inc 8.00% Serie 502175607 22650 1000000 SH SOLE 1000000 LaSalle Hotel 7.25% PFD Series 517942603 20308 1189000 SH SOLE 589000 600000 LaSalle Hotel 8.00% PFD 517942504 11220 600000 SH SOLE 600000 LaSalle Hotel Properties 7.5 % 517942405 15428 850000 SH SOLE 200000 650000 LaSalle Hotel Properties 8.375 517942306 3971 180600 SH SOLE 170000 10600 Lexington Realty Trust 7.55% S 529537201 15280 800000 SH SOLE 800000 Maguire Properties Inc 7.625% 559775200 868 62300 SH SOLE 62300 Mid-America Apartment 8.3000% 59522J806 12697 529700 SH SOLE 200000 329700 Natl Retail Properties 7.375% 637417403 16608 830000 SH SOLE 355700 474300 Northstar Reality Fin 8.25% Se 66704R308 4137 260000 SH SOLE 260000 Northstar Reality Fin 8.75% Se 66704R209 1159 70000 SH SOLE 70000 Omega Healthcare 8.375% Series 681936407 2982 120000 SH SOLE 120000 PS Business Park 6.70% Series 69360J743 7584 400000 SH SOLE 400000 PS Business Park 7.375% Series 69360J750 21775 1070000 SH SOLE 400000 670000 PS Business Parks, Inc. Series 69360J875 1026 52860 SH SOLE 52860 Public Storage 6.625% Series M 74460D232 14440 760000 SH SOLE 360000 400000 Public Storage 7.00% PFD Serie 74460D190 10035 500000 SH SOLE 500000 Public Storage 7.00% Series G 74460D364 15218 725000 SH SOLE 725000 Public Storage 7.25% PFD Serie 74460D299 29456 1400000 SH SOLE 129000 1271000 Public Storage 7.25% Series K 74460D273 37890 1800000 SH SOLE 440000 1360000 Realty Income Corp. 6.75% Seri 756109708 16082 760000 SH SOLE 760000 Regency Centers Corp. 6.700% 758849608 12071 614000 SH SOLE 614000 SL Green Realty 7.625% Series 78440X309 6197 272500 SH SOLE 272500 SL Green Realty 7.875% Series 78440X408 13644 597100 SH SOLE 200000 397100 Strategic Hotel Capital 8.25% 86272T403 16844 875000 SH SOLE 520000 355000 Strategic Hotel Capital 8.25% 86272T502 19500 1000000 SH SOLE 454500 545500 Strategic Hotel Capital 8.5% P 86272T205 6738 275000 SH SOLE 275000 Sunstone Hotel 8.00% Series A 867892200 11031 564800 SH SOLE 368000 196800 Tanger Factory Outlet 7.5% Ser 875465403 11445 520000 SH SOLE 520000 Taubman Centers Inc. 8.00% Se 876664301 10177 430300 SH SOLE 342600 87700 Taubman Centers Inc. 7.6250% S 876664400 25806 1084300 SH SOLE 573500 510800 UDR INC 6.75% Series G 902653401 24420 1200000 SH SOLE 1200000 Urstadt Biddle Props Inc. 7.50 917286502 12573 590000 SH SOLE 590000 Vornado Realty 6.625% Series G 929042802 1980 100000 SH SOLE 100000 Vornado Realty 6.625% Series I 929042877 890 45000 SH SOLE 45000 Vornado Realty Trust Series E 929042604 1131 53100 SH SOLE 53100 Weingarten Realty Invest 6.50% 948741889 15520 800000 SH SOLE 800000 Ayala Land Inc. Rights PHY0488F1 0 1440000 SH SOLE 1440000 Dic Asset AG-RTS B29KG62 0 289550 SH SOLE 129655 159895 Wharf Holdings Ltd - Rights B29WD78 1303 949717 SH SOLE 489730 459987 AMB Europe Fund I, FCP-FIS AMB EUUN 11230 7500 SH SOLE 7500 Aberdeen Pan-Nordic Fund ABER EUUN 11252 75000 SH SOLE 75000 Corestate German Residential F CGRF EUUN 14416 8500000 SH SOLE 8500000 French IPD Offices Property Li BNPFO EUU 3579 50 SH SOLE 50 Goldman Sachs French Office GSFO EUUN 10008 7500000 SH SOLE 7500000 DB RREEF Wholesale Property Fu DBRF AUUN 11602 15658019 SH SOLE 15658019 Sveafastigehter Fund II Capita SVF SEUN 3981 21950001 SH SOLE 21950001 Verde Realty Master Limited Pa 23500 712120 SH SOLE 712120 China Overseas Land I-CW08 War B23Z373 962 1760604 SH SOLE 1436417 20833 303354
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