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
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 91,588 1,030,811 SH   SOLE   1,030,811 0 0
ALLERGAN INC COM 018490102 136,463 765,830 SH   SOLE   765,830 0 0
AMERICAN RLTY CAP PPTYS INC COM 02917T104 3,611 299,415 SH   SOLE   299,415 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 18,382 257,300 SH Call SOLE   257,300 0 0
AT&T INC COM 00206R102 58,428 1,658,000 SH Put SOLE   1,658,000 0 0
AVALONBAY CMNTYS INC COM 053484101 8,807 62,473 SH   SOLE   62,473 0 0
BEST BUY INC COM 086516101 46,373 1,380,573 SH   SOLE   1,380,573 0 0
BEST BUY INC COM 086516101 3,453 102,800 SH Call SOLE   102,800 0 0
BURGER KING WORLDWIDE INC COM 121220107 3,028 102,100 SH Put SOLE   102,100 0 0
CITIGROUP INC COM NEW 172967424 9,456 182,478 SH   SOLE   182,478 0 0
CITIGROUP INC COM NEW 172967424 92,628 1,787,500 SH Call SOLE   1,787,500 0 0
COLUMBIA PPTY TR INC COM NEW 198287203 4,176 174,968 SH   SOLE   174,968 0 0
COMPUWARE CORP COM 205638109 10,610 1,000,000 SH   SOLE   1,000,000 0 0
COVIDIEN PLC SHS G2554F113 153,489 1,774,234 SH   SOLE   1,774,234 0 0
CROWN CASTLE INTL CORP COM 228227104 47,158 585,590 SH   SOLE   585,590 0 0
DIRECTV COM 25490A309 189,306 2,188,007 SH   SOLE   2,188,007 0 0
DOLLAR GEN CORP NEW COM 256677105 12,222 200,000 SH Call SOLE   200,000 0 0
DRESSER-RAND GROUP INC COM 261608103 28,791 350,000 SH   SOLE   350,000 0 0
E M C CORP MASS COM 268648102 71,238 2,434,641 SH   SOLE   2,434,641 0 0
ENCANA CORP COM 292505104 36,104 1,700,000 SH   SOLE   1,700,000 0 0
ENCANA CORP COM 292505104 33,824 1,594,700 SH Call SOLE   1,594,700 0 0
ENERNOC INC COM 292764107 12,171 717,609 SH   SOLE   717,609 0 0
EPR PPTYS CONV PFD 9% SR E 26884U307 2,468 80,921 SH   SOLE   80,921 0 0
EQUITY COMWLTH COM SH BEN INT 294628102 6,697 260,483 SH   SOLE   260,483 0 0
EXTENDED STAY AMER INC UNIT 99/99/9999B 30224P200 15,481 652,094 SH   SOLE   652,094 0 0
FAMILY DLR STORES INC COM 307000109 77,240 999,996 SH   SOLE   999,996 0 0
FOREST OIL CORP COM PAR $0.01 346091705 3,510 3,000,000 SH   SOLE   3,000,000 0 0
FOREST OIL CORP COM PAR $0.01 346091705 3,510 3,000,000 SH Put SOLE   3,000,000 0 0
FOSTER WHEELER AG COM H27178104 18,972 600,000 SH   SOLE   600,000 0 0
GENERAL MTRS CO COM 37045V100 39,839 1,247,300 SH Call SOLE   1,247,300 0 0
GRUPO TELEVISA SA SPON ADR REP ORD 40049J206 29,787 879,200 SH Call SOLE   879,200 0 0
INTERNATIONAL GAME TECHNOLOG COM 459902102 51,071 3,027,300 SH   SOLE   3,027,300 0 0
INTERXION HOLDING N.V. SHS N47279109 692 25,000 SH   SOLE   25,000 0 0
KINDER MORGAN INC DEL COM 49456B101 423,657 11,050,000 SH Put SOLE   11,050,000 0 0
LA QUINTA HLDGS INC COM 50420D108 10,376 546,405 SH   SOLE   546,405 0 0
LIBERTY MEDIA CORP DELAWARE CL A 531229102 37,420 793,139 SH   SOLE   793,139 0 0
LIBERTY MEDIA CORP DELAWARE COM SER C 531229300 82,901 1,764,217 SH   SOLE   1,764,217 0 0
LIBERTY PPTY TR SH BEN INT 531172104 3,193 96,000 SH   SOLE   96,000 0 0
MENS WEARHOUSE INC COM 587118100 4,840 102,500 SH Call SOLE   102,500 0 0
MENS WEARHOUSE INC COM 587118100 28,307 599,464 SH   SOLE   599,464 0 0
MERITAGE HOMES CORP COM 59001A102 9,599 270,399 SH   SOLE   270,399 0 0
MID-AMER APT CMNTYS INC COM 59522J103 54,632 832,169 SH   SOLE   832,169 0 0
MULTIMEDIA GAMES HLDG CO INC COM 625453105 16,247 451,170 SH   SOLE   451,170 0 0
NATIONAL BK GREECE S A ADR PRF SER A 633643507 2,044 106,338 SH   SOLE   106,338 0 0
NOKIA CORP SPONSORED ADR 654902204 5,293 625,678 SH   SOLE   625,678 0 0
POST PPTYS INC COM 737464107 3,156 61,470 SH   SOLE   61,470 0 0
SAFEWAY INC COM NEW 786514208 64,025 1,866,632 SH   SOLE   1,866,632 0 0
SBA COMMUNICATIONS CORP COM 78388J106 94,508 852,195 SH   SOLE   852,195 0 0
SHIRE PLC SPONSORED ADR 82481R106 21,689 83,727 SH   SOLE   83,727 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 8,176 41,500 SH Put SOLE   41,500 0 0
SPIRIT RLTY CAP INC NEW COM 84860W102 18,003 1,641,091 SH   SOLE   1,641,091 0 0
STARWOOD HOTELS&RESORTS WRLD COM 85590A401 2,944 35,376 SH   SOLE   35,376 0 0
SUNSTONE HOTEL INVS INC NEW COM 867892101 12,970 938,502 SH   SOLE   938,502 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106 17,180 525,052 SH   SOLE   525,052 0 0
TIM HORTONS INC COM 88706M103 18,073 229,322 SH   SOLE   229,322 0 0
TIME WARNER CABLE INC COM 88732J207 202,444 1,410,857 SH   SOLE   1,410,857 0 0
TIME WARNER CABLE INC COM 88732J207 134,809 939,500 SH Call SOLE   939,500 0 0
TIME WARNER INC COM NEW 887317303 31,320 416,438 SH   SOLE   416,438 0 0
TIME WARNER INC COM NEW 887317303 6,273 83,400 SH Call SOLE   83,400 0 0
TIME WARNER INC COM NEW 887317303 31,039 412,700 SH Put SOLE   412,700 0 0
T-MOBILE US INC COM 872590104 20,804 720,600 SH Call SOLE   720,600 0 0
TRAVELPORT WORLDWIDE LTD SHS G9019D104 75,126 4,564,154 SH   SOLE   4,564,154 0 0
TRULIA INC COM 897888103 489 10,000 SH   SOLE   10,000 0 0
VENTAS INC COM 92276F100 21,771 351,431 SH   SOLE   351,431 0 0
VMWARE INC CL A COM 928563402 34,223 364,700 SH Put SOLE   364,700 0 0
W P CAREY INC COM 92936U109 40,720 638,545 SH   SOLE   638,545 0 0