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

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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
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 40,212,068 866,266 SH SOLE 866,266 0 0
CAMDEN PPTY TR SH BEN INT 133131102 14,717,362 150,700 SH SOLE 150,700 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 25,014,535 422,900 SH SOLE 422,900 0 0
KITE RLTY GROUP TR COM NEW 49803T300 26,082,018 1,062,404 SH SOLE 1,062,404 0 0