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
AMERICAN TOWER CORP NEW COM 03027X100 10,260 47,786 SH   SOLE   47,786 0 0
AMERICOLD REALTY TRUST INC COM 03064D108 9,876 401,429 SH   SOLE   401,429 0 0
CARETRUST REIT INC COM 14174T107 19,655 1,085,322 SH   SOLE   1,085,322 0 0
D R HORTON INC COM 23331A109 6,363 94,479 SH   SOLE   94,479 0 0
DIGITALBRIDGE GROUP INC CL A COM 25401T603 1,104 88,225 SH   SOLE   88,225 0 0
DIGITAL RLTY TR INC COM 253868103 22,029 222,124 SH   SOLE   222,124 0 0
EQUINIX INC COM 29444U700 6,428 11,300 SH   SOLE   11,300 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 1,921 43,423 SH   SOLE   43,423 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203 18,818 156,019 SH   SOLE   156,019 0 0
INDEPENDENCE RLTY TR INC COM 45378A106 15,505 926,781 SH   SOLE   926,781 0 0
INVITATION HOMES INC COM 46187W107 1,753 51,905 SH   SOLE   51,905 0 0
JONES LANG LASALLE INC COM 48020Q107 13,934 92,241 SH   SOLE   92,241 0 0
KITE RLTY GROUP TR COM NEW 49803T300 19,938 1,157,821 SH   SOLE   1,157,821 0 0
MERITAGE HOMES CORP COM 59001A102 12,584 179,077 SH   SOLE   179,077 0 0
MID-AMER APT CMNTYS INC COM 59522J103 10,370 66,878 SH   SOLE   66,878 0 0
NETSTREIT CORP COM 64119V303 12,099 679,341 SH   SOLE   679,341 0 0
PHYSICIANS RLTY TR COM 71943U104 17,017 1,131,523 SH   SOLE   1,131,523 0 0
RADIUS GLOBAL INFRASTRCTRE I COM CL A 750481103 8,479 900,019 SH   SOLE   900,019 0 0
REALTY INCOME CORP COM 756109104 10,438 179,350 SH   SOLE   179,350 0 0
REGENCY CTRS CORP COM 758849103 15,915 295,542 SH   SOLE   295,542 0 0
REXFORD INDL RLTY INC COM 76169C100 17,084 328,558 SH   SOLE   328,558 0 0
RYMAN HOSPITALITY PPTYS INC COM 78377T107 7,013 95,288 SH   SOLE   95,288 0 0
SAFEHOLD INC COM 78645L100 13,210 499,264 SH   SOLE   499,264 0 0
TRAVEL PLUS LEISURE CO COM 894164102 10,637 311,776 SH   SOLE   311,776 0 0
TRICON RESIDENTIAL INC COM NPV 89612W102 8,404 971,508 SH   SOLE   971,508 0 0
VENTAS INC COM 92276F100 15,239 379,353 SH   SOLE   379,353 0 0
WEST FRASER TIMBER CO LTD COM 952845105 22,533 310,825 SH   SOLE   310,825 0 0