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
AGRIUM INC COM 008916108 5,221 57,692 SH   DFND 1 0 0 57,692
AMEREN CORP COM 023608102 109 2,000 SH   DFND 1 2,000 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 162,770 3,441,220 SH   DFND 1 2,911,800 0 529,420
AMERICAN ELEC PWR INC COM 025537101 98,896 1,423,580 SH   DFND 1 1,350,880 0 72,700
AMERICAN HOMES 4 RENT CL A 02665T306 178,065 7,889,445 SH   DFND 1 6,634,749 0 1,254,696
AMERICAN TOWER CORP NEW COM 03027X100 347,822 2,628,643 SH   DFND 1 2,413,064 0 215,579
AMERICAN WTR WKS CO INC NEW COM 030420103 66,834 857,401 SH   DFND 1 809,601 0 47,800
APPLE INC COM 037833100 9,658 67,060 SH   DFND 1 67,060 0 0
ARCH COAL INC CL A 039380407 384 5,615 SH   DFND 1 5,615 0 0
AVANGRID INC COM 05351W103 2,909 65,900 SH   DFND 1 65,900 0 0
BHP BILLITON LTD SPONSORED ADR 088606108 6,719 188,800 SH   DFND 1 0 0 188,800
BP PLC SPONSORED ADR 055622104 10,020 289,166 SH   DFND 1 132,066 0 157,100
BANK AMER CORP COM 060505104 1,241 51,135 SH   DFND 1 47,160 0 3,975
BOARDWALK PIPELINE PARTNERS UT LTD PARTNER 096627104 37,869 2,102,681 SH   DFND 1 1,968,481 0 134,200
BRIXMOR PPTY GROUP INC COM 11120U105 118,341 6,618,651 SH   DFND 1 5,571,219 0 1,047,432
BROOKFIELD GLOBL LISTED INFR COM SHS 11273Q109 1,766 128,458 SH   DFND 1 0 0 128,458
BROOKFIELD REAL ASSETS INCOM SHS BEN INT 112830104 969 41,819 SH   DFND 1 0 0 41,819
BUCKEYE PARTNERS L P UNIT LTD PARTN 118230101 1,297 20,290 SH   DFND 1 20,290 0 0
CBL & ASSOC PPTYS INC COM 124830100 124,865 14,811,925 SH   DFND 1 12,700,305 0 2,111,620
CMS ENERGY CORP COM 125896100 41,392 894,959 SH   DFND 1 839,859 0 55,100
CSX CORP COM 126408103 63 1,159 SH   DFND 1 1,159 0 0
CALATLANTIC GROUP INC COM 128195104 8,424 238,300 SH   DFND 1 238,300 0 0
CENTURYLINK INC COM 156700106 792 33,160 SH   DFND 1 33,160 0 0
CHENIERE ENERGY INC COM NEW 16411R208 91,253 1,873,390 SH   DFND 1 1,780,190 0 93,200
CHENIERE ENERGY PARTNERS LP COM UNIT 16411Q101 9,195 283,800 SH   DFND 1 283,800 0 0
CHEVRON CORP NEW COM 166764100 5,222 50,050 SH   DFND 1 0 0 50,050
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 58,964 6,193,655 SH   DFND 1 5,837,155 0 356,500
COCA COLA CO COM 191216100 7,257 161,800 SH   DFND 1 161,800 0 0
CONE MIDSTREAM PARTNERS LP COM UNIT REPST 206812109 597 31,513 SH   DFND 1 31,513 0 0
CORENERGY INFRASTRUCTURE TR DEP SHS REPSTG 21870U304 273 10,900 SH   DFND 1 10,900 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 207,807 2,074,339 SH   DFND 1 1,797,639 0 276,700
DDR CORP COM 23317H102 74,205 8,181,400 SH   DFND 1 6,600,800 0 1,580,600
DUKE REALTY CORP COM NEW 264411505 130,756 4,678,194 SH   DFND 1 3,878,677 0 799,517
EPR PPTYS PFD C CNV 5.75% 26884U208 96 3,403 SH   DFND 1 3,403 0 0
EQT MIDSTREAM PARTNERS LP UNIT LTD PARTN 26885B100 9,716 130,190 SH   DFND 1 130,190 0 0
EV ENERGY PARTNERS LP COM UNITS 26926V107 8 12,311 SH   DFND 1 12,311 0 0
EDISON INTL COM 281020107 178,587 2,284,007 SH   DFND 1 2,167,407 0 116,600
ENABLE MIDSTREAM PARTNERS LP COM UNIT RP IN 292480100 6,193 388,500 SH   DFND 1 388,500 0 0
ENBRIDGE ENERGY PARTNERS L P COM 29250R106 29,564 1,847,733 SH   DFND 1 1,714,333 0 133,400
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 33,941 1,889,800 SH   DFND 1 1,742,000 0 147,800
ENERGY TRANSFER PARTNERS LP UNIT LTD PRT INT 29278N103 117,991 5,786,693 SH   DFND 1 5,359,843 0 426,850
ENTERPRISE PRODS PARTNERS L COM 293792107 131,304 4,848,736 SH   DFND 1 4,465,236 0 383,500
EQUITY COMWLTH CUM PFD S D 6.5% 294628201 1,134 43,546 SH   DFND 1 43,546 0 0
ESSEX PPTY TR INC COM 297178105 136,484 530,510 SH   DFND 1 441,332 0 89,178
EVERSOURCE ENERGY COM 30040W108 110 1,810 SH   DFND 1 1,810 0 0
EXXON MOBIL CORP COM 30231G102 4,521 56,000 SH   DFND 1 0 0 56,000
FANG HLDGS LTD ADR 30711Y102 2,062 555,800 SH   DFND 1 555,800 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 114,220 903,707 SH   DFND 1 758,200 0 145,507
FIRSTENERGY CORP COM 337932107 53,362 1,829,980 SH   DFND 1 1,743,080 0 86,900
FORD MTR CO DEL COM PAR $0.01 345370860 1,061 94,800 SH   DFND 1 94,800 0 0
FORTRESS TRANS INFRST INVS L COM REP LTD LIAB 34960P101 8,514 534,157 SH   DFND 1 0 0 534,157
GENERAL ELECTRIC CO COM 369604103 1,559 57,725 SH   DFND 1 57,725 0 0
GENERAL MLS INC COM 370334104 7,185 129,696 SH   DFND 1 129,696 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V126 595 34,193 SH Call DFND 1 34,193 0 0
GENERAL MTRS CO COM 37045V100 778 22,276 SH   DFND 1 22,276 0 0
GRAMERCY PPTY TR COM NEW 385002308 144,579 4,866,358 SH   DFND 1 4,059,704 0 806,654
HERSHA HOSPITALITY TR PR SHS BEN INT 427825500 62,408 3,371,560 SH   DFND 1 2,848,475 0 523,085
HUDSON PAC PPTYS INC COM 444097109 159,638 4,669,148 SH   DFND 1 3,917,014 0 752,134
ION GEOPHYSICAL CORP COM NEW 462044207 164 37,750 SH   DFND 1 37,750 0 0
JOHNSON & JOHNSON COM 478160104 10,141 76,656 SH   DFND 1 76,656 0 0
KELLOGG CO COM 487836108 6,815 98,120 SH   DFND 1 98,120 0 0
KEYCORP NEW COM 493267108 1,734 92,520 SH   DFND 1 86,020 0 6,500
KILROY RLTY CORP COM 49427F108 198,690 2,643,912 SH   DFND 1 2,224,084 0 419,828
KINDER MORGAN INC DEL COM 49456B101 202,714 10,580,050 SH   DFND 1 9,760,450 0 819,600
LASALLE HOTEL PPTYS COM SH BEN INT 517942108 72,146 2,421,000 SH   DFND 1 2,069,400 0 351,600
LEXINGTON REALTY TRUST PFD CONV SER C 529043309 329 6,459 SH   DFND 1 6,459 0 0
LIFE STORAGE INC COM 53223X107 94,321 1,272,882 SH   DFND 1 1,067,800 0 205,082
M/I HOMES INC COM 55305B101 3,197 111,979 SH   DFND 1 111,979 0 0
MGM GROWTH PPTYS LLC CL A COM 55303A105 69,558 2,382,950 SH   DFND 1 2,084,181 0 298,769
MPLX LP COM UNIT REP LTD 55336V100 46,590 1,394,912 SH   DFND 1 1,275,759 0 119,153
MCDONALDS CORP COM 580135101 9,795 63,950 SH   DFND 1 63,950 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 26,110 2,028,769 SH   DFND 1 1,716,916 0 311,853
MID AMER APT CMNTYS INC COM 59522J103 158,747 1,506,428 SH   DFND 1 1,249,228 0 257,200
MONDELEZ INTL INC CL A 609207105 9,361 216,750 SH   DFND 1 216,750 0 0
NRG YIELD INC CL A NEW 62942X306 8,794 515,500 SH   DFND 1 515,500 0 0
NATIONAL RETAIL PPTYS INC COM 637417106 39 1,000 SH   DFND 1 1,000 0 0
NEXTERA ENERGY INC COM 65339F101 163 1,160 SH   DFND 1 1,160 0 0
NISOURCE INC COM 65473P105 49,231 1,941,279 SH   DFND 1 1,868,424 0 72,855
NUSTAR GP HOLDINGS LLC UNIT RESTG LLC 67059L102 1,264 51,700 SH   DFND 1 51,700 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 56,071 1,698,104 SH   DFND 1 1,460,837 0 237,267
PG&E CORP COM 69331C108 209,053 3,149,819 SH   DFND 1 2,985,919 0 163,900
PNC FINL SVCS GROUP INC COM 693475105 2,524 20,210 SH   DFND 1 18,780 0 1,430
PARK HOTELS RESORTS INC COM 700517105 179,667 6,664,207 SH   DFND 1 5,645,923 0 1,018,284
PATTERN ENERGY GROUP INC CL A 70338P100 53,778 2,255,800 SH   DFND 1 2,142,500 0 113,300
PFIZER INC COM 717081103 6,386 190,125 SH   DFND 1 190,125 0 0
PHILIP MORRIS INTL INC COM 718172109 8,957 76,265 SH   DFND 1 76,265 0 0
PHILLIPS 66 PARTNERS LP COM UNIT REP INT 718549207 27,996 566,500 SH   DFND 1 523,300 0 43,200
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 34,028 1,295,300 SH   DFND 1 1,182,700 0 112,600
POTASH CORP SASK INC COM 73755L107 5,182 317,900 SH   DFND 1 0 0 317,900
PROCTER AND GAMBLE CO COM 742718109 7,079 81,230 SH   DFND 1 81,230 0 0
PROLOGIS INC COM 74340W103 245,100 4,179,740 SH   DFND 1 3,504,900 0 674,840
PUBLIC STORAGE COM 74460D109 151,667 727,314 SH   DFND 1 606,360 0 120,954
QTS RLTY TR INC COM CL A 74736A103 87,535 1,672,745 SH   DFND 1 1,414,400 0 258,345
RICE MIDSTREAM PARTNERS LP UNIT LTD PARTN 762819100 33,947 1,702,434 SH   DFND 1 1,608,834 0 93,600
RIO TINTO PLC SPONSORED ADR 767204100 7,288 172,250 SH   DFND 1 0 0 172,250
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 10,968 201,500 SH   DFND 1 99,500 0 102,000
SBA COMMUNICATIONS CORP NEW CL A 78410G104 160,880 1,192,587 SH   DFND 1 1,130,287 0 62,300
SL GREEN RLTY CORP COM 78440X101 180,174 1,702,965 SH   DFND 1 1,440,200 0 262,765
SPDR SERIES TRUST BLOOMBERG BRCLYS 78464A417 3,902 104,900 SH   DFND 1 85,000 0 19,900
STAG INDL INC COM 85254J102 73,824 2,674,778 SH   DFND 1 2,228,989 0 445,789
SEMPRA ENERGY COM 816851109 55,805 494,946 SH   DFND 1 492,146 0 2,800
SIMON PPTY GROUP INC NEW COM 828806109 505,406 3,124,419 SH   DFND 1 2,624,819 0 499,600
SOUTHWEST GAS HOLDINGS INC COM 844895102 1,563 21,400 SH   DFND 1 21,400 0 0
STATOIL ASA SPONSORED ADR 85771P102 5,314 321,500 SH   DFND 1 0 0 321,500
TOTAL S A SPONSORED ADR 89151E109 5,135 103,550 SH   DFND 1 0 0 103,550
TRI POINTE GROUP INC COM 87265H109 4,775 362,000 SH   DFND 1 362,000 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106 7,698 296,300 SH   DFND 1 292,300 0 4,000
TARGA RES CORP COM 87612G101 30,231 668,832 SH   DFND 1 649,832 0 19,000
TEEKAY OFFSHORE PARTNERS L P PARTNERSHIP UN Y8565J101 503 175,207 SH   DFND 1 175,207 0 0
TESORO LOGISTICS LP COM UNIT LP 88160T107 1,964 38,000 SH   DFND 1 38,000 0 0
UNION PAC CORP COM 907818108 138 1,270 SH   DFND 1 1,270 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,139 25,500 SH   DFND 1 23,700 0 1,800
VISTRA ENERGY CORP COM 92840M102 668 39,766 SH   DFND 1 39,766 0 0
WELLTOWER INC COM 95040Q104 121,547 1,623,872 SH   DFND 1 1,371,318 0 252,554
WELLTOWER INC 6.50% PFD PREPET 95040Q203 669 10,100 SH   DFND 1 10,100 0 0
WESTERN GAS PARTNERS LP COM UNIT LP IN 958254104 23,473 419,608 SH   DFND 1 392,108 0 27,500
WEYERHAEUSER CO COM 962166104 14,216 424,358 SH   DFND 1 276,148 0 148,210
WILLIAMS COS INC DEL COM 969457100 157,191 5,191,252 SH   DFND 1 4,922,933 0 268,319
WILLIAMS PARTNERS L P NEW COM UNIT LTD PAR 96949L105 10,960 273,239 SH   DFND 1 273,239 0 0
XCEL ENERGY INC COM 98389B100 168 3,670 SH   DFND 1 3,670 0 0
General Growth Properties, Inc. Common Stock 36174X101 6,083,984 258,233,612 SH   DFND 2 0 0 0
Regency CTRS Corp. Common Stock 758849103 35 566 SH   DFND 2 566 0 0
Norbord Inc. COM 65548P403 539,435 17,322,897 SH   DFND 2 0 0 0
ALTABA INC COMMON 021346101 8,172 150,000 SH   DFND 3 150,000 0 0
ATWOOD OCEANICS INC COMMON 050095108 2,445 300,000 SH Call DFND 3 300,000 0 0
BROOKDALE SR LIVING INC COMMON 112463104 2,207 150,000 SH   DFND 3 150,000 0 0
CF INDS HLDGS INC COMMON 125269100 6,990 250,000 SH Put DFND 3 250,000 0 0
CIVEO CORP CDA COMMON 17878Y108 1,680 800,000 SH   DFND 3 800,000 0 0
DYNEGY INC NEW DEL COMMON 26817R108 3,722 450,000 SH   DFND 3 450,000 0 0
HECLA MNG CO COMMON 422704106 1,530 300,000 SH   DFND 3 300,000 0 0
HORNBECK OFFSHORE SVCS INC COMMON 440543106 991 350,000 SH   DFND 3 350,000 0 0
KRATON CORPORATION COMMON 50077C106 16,359 475,000 SH   DFND 3 475,000 0 0
PEABODY ENERGY CORP COMMON 704551100 3,499 143,088 SH   DFND 3 143,088 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 34,410 250,000 SH Put DFND 3 250,000 0 0
SOUTHWESTERN ENERGY CO COMMON 845467109 3,040 500,000 SH   DFND 3 500,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 60,450 250,000 SH Put DFND 3 250,000 0 0
TELEPHONE & DATA SYS INC COMMON 879433829 7,631 275,000 SH   DFND 3 275,000 0 0
TERRAFORM PWR INC CL A COM 88104R100 7,500 625,000 SH   DFND 3 625,000 0 0
ULTRA PETROLEUM CORP COMMON 903914208 3,702 341,171 SH   DFND 3 341,171 0 0
TRANSALTA CORPORATION COMMON SHARES 89346D107 89,578 14,007,164 SH   DFND 4 14,007,164 0 0
TERRAFORM POWER INC COMMON SHARES 88104R100 125,400 10,450,000 SH   DFND 4 10,450,000 0 0
TERRAFORM GLOBAL INC COMMON SHARES 88104M101 98,657 19,536,004 SH   DFND 4 19,536,004 0 0
KINDER MORGAN INC DEL Common Stock 49456B101 5,055 263,809 SH   SOLE 4 0 0 0
MPLX LP Common Stock 55336V100 5,067 151,692 SH   SOLE 4 0 0 0
PATTERN ENERGY GROUP INC Class A shares 70338P100 5,009 210,108 SH   SOLE 4 0 0 0
Vistra Energy Corp COM 92840M102 1,226,249 66,370,567 SH   DFND 4 0 0 0
Norbord Inc. COM 65548P404 874,546 28,084,343 SH   DFND   0 0 0
WILMINGTON CAPITAL MGMT INC CL A NON-VTG Class A 971558101 6,461 2,576,657 SH   SOLE   2,576,657 0 0
BROOKFIELD SOUNDVEST SPLIT TR CAPITAL UNIT Capital Unit 11283R105 376 455,034 SH   SOLE   455,034 0 0
PEABODY ENERGY CORPORATION Class A 704551100 25,301 1,034,808 SH   SOLE   1,034,808 0 0
KKR & CO LP LP Units 48248M102 73,368 3,943,461 SH   SOLE   3,943,461 0 0
Trisura Group Ltd. Class A 89679A100 4,113 189,522 SH   SOLE   189,522 0 0
Brookfield Property Partners LP LP Units G16249107 1,193,123 50,438,485 SH   SOLE   50,438,485 0 0
Brookfield Renewable Partners LP LP Units G16258108 1,786,357 56,068,944 SH   SOLE   56,068,944 0 0
Brookfield Infrastructure Partners LP LP Units G16252101 10,209 249,645 SH   SOLE   249,645 0 0
Brookfield Business Partners LP LP Units G16234109 670,910 24,784,250 SH   SOLE   24,784,250 0 0