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        <name>Apple Hospitality REIT, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Automotive Properties Real Estate Investment Trust</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>AVALONBAY COMMUNITIES, INC.</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>BRT APARTMENTS CORP.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>BSR Real Estate Investment Trust</name>
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          <isin value="CA05585D1033"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>THE UNITE GROUP PLC</name>
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        <title>UNITE GROUP PLC THE</title>
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          <isin value="GB0006928617"/>
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        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Boardwalk Real Estate Investment Trust</name>
        <lei>549300RMNRTTJRCOYW23</lei>
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          <isin value="CA0966311064"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>SAUDI ARABIAN RIYAL</name>
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          <isin value="N/A"/>
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        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>N/A</fairValLevel>
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        <name>BXP, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>PHILIPPINE PESO</name>
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        <fairValLevel>N/A</fairValLevel>
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        <name>GREAT BRITISH POUND</name>
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          <isin value="N/A"/>
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        <fairValLevel>N/A</fairValLevel>
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        <fairValLevel>N/A</fairValLevel>
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        <fairValLevel>N/A</fairValLevel>
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        <fairValLevel>N/A</fairValLevel>
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        <name>BRAEMAR HOTELS &amp; RESORTS INC.</name>
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        <fairValLevel>N/A</fairValLevel>
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        <fairValLevel>N/A</fairValLevel>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <fairValLevel>N/A</fairValLevel>
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      <invstOrSec>
        <name>NEW TAIWAN DOLLAR</name>
        <lei>N/A</lei>
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        <fairValLevel>N/A</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>N/A</fairValLevel>
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      <invstOrSec>
        <name>BRIXMOR PROPERTY GROUP INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>BROADSTONE NET LEASE, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>FONDS DE PLACEMENT IMMOBILIER BTB</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>CBL &amp; ASSOCIATES PROPERTIES, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>CT Real Estate Investment Trust</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>CAMDEN PROPERTY TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>CANADIAN APARTMENT PROPERTIES REAL ESTATE INVESTMENT TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>CARETRUST REIT, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <fairValLevel>N/A</fairValLevel>
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        <name>SILA REALTY TRUST, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>CENTERSPACE</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>CHATHAM LODGING TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST</name>
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        <title>CHOICE PROPERTIES REAL ESTATE INVESTMENT TRUST</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>TURKISH LIRA</name>
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        <fairValLevel>N/A</fairValLevel>
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        <name>Clipper Realty Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>COMMUNITY HEALTHCARE TRUST INCORPORATED</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>COPT DEFENSE PROPERTIES</name>
        <lei>YY1J47X6LF9TYY8JY420</lei>
        <title>COPT DEFENSE PROPERTIES</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>COUSINS PROPERTIES INCORPORATED</name>
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        <title>COUSINS PROPERTIES INC</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Crombie Real Estate Investment Trust</name>
        <lei>549300OGQML2MCFAPT83</lei>
        <title>CROMBIE REAL ESTATE INVESTMENT TRUST</title>
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        <fairValLevel>1</fairValLevel>
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        <name>GETTY REALTY CORP.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>KILROY REALTY CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Wereldhave N.V.</name>
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        <name>LAMAR ADVERTISING COMPANY</name>
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        <name>LXP INDUSTRIAL TRUST</name>
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        <name>LINEAGE, INC.</name>
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        <name>THE MACERICH COMPANY</name>
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        <name>NEXTENSA NV</name>
        <lei>549300BPHBCHEODTG670</lei>
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      <invstOrSec>
        <name>MEDICAL PROPERTIES TRUST, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Vastned NV</name>
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          <isin value="BE0003754687"/>
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        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MID-AMERICA APARTMENT COMMUNITIES, INC.</name>
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        <title>MID AMERICA APARTMENT COMMUNITIES INC</title>
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          <isin value="US59522J1034"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Modiv Industrial, Inc.</name>
        <lei>N/A</lei>
        <title>MODIV INDUSTRIAL INC</title>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>PRECINCT PROPERTIES NEW ZEALAND LIMITED</name>
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        <title>PRECINCT PROPERTIES NEW ZEALAND LTD</title>
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          <isin value="NZAPTE0001S3"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BWP TRUST</name>
        <lei>529900PNX10I8B4V0N76</lei>
        <title>BWP TRUST</title>
        <cusip>N/A</cusip>
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          <isin value="AU000000BWP3"/>
          <other otherDesc="Internal" value="6127453"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MIRVAC GROUP</name>
        <lei>N/A</lei>
        <title>MIRVAC GROUP</title>
        <cusip>N/A</cusip>
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          <isin value="AU000000MGR9"/>
          <other otherDesc="Internal" value="6161978"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CARINDALE PROPERTY TRUST</name>
        <lei>5493008JNKHGY1NKKV81</lei>
        <title>CARINDALE PROPERTY TRUST</title>
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          <isin value="AU000000CDP1"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>VITAL HEALTHCARE PROPERTY TRUST</name>
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        <title>VITAL HEALTHCARE PROPERTY TRUST</title>
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          <isin value="NZCHPE0001S4"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Morguard North American Residential Real Estate Investment Trust</name>
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        <title>MORGUARD NORTH AMERICAN RESIDENTIAL REAL ESTATE IN</title>
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          <isin value="CA61761E1007"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Morguard Real Estate Investment Trust</name>
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        <title>MORGUARD REAL ESTATE INVESTMENT TRUST</title>
        <cusip>617914106</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CROMWELL PROPERTY GROUP</name>
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        <title>CROMWELL PROPERTY GROUP</title>
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          <isin value="AU000000CMW8"/>
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        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>CHARTER HALL RETAIL REIT</name>
        <lei>254900SH49MQ8WY4NO45</lei>
        <title>CHARTER HALL RETAIL REIT</title>
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        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Goodman New Zealand Ltd and Goodman Property Services Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Aspen Group Ltd</name>
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        <title>ASPEN GROUP LTD AUSTRALIA</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>NATIONAL HEALTH INVESTORS, INC.</name>
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        <title>NATIONAL HEALTH INVESTORS INC</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>THE GPT GROUP</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>NNN REIT, INC.</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>NATIONAL STORAGE AFFILIATES TRUST</name>
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        <title>NATIONAL STORAGE AFFILIATES TRUST</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Nippon Building Fund Inc.</name>
        <lei>52990053R8NL2MB32172</lei>
        <title>NIPPON BUILDING FUND INC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Japan Real Estate Investment Corporation</name>
        <lei>3538003YAIR3CBGJJ928</lei>
        <title>JAPAN REAL ESTATE INVESTMENT CORP</title>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Net Lease Office Properties</name>
        <lei>N/A</lei>
        <title>NET LEASE OFFICE PROPERTIES</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Japan Metropolitan Fund Investment Corporation</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Centuria Capital Group</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>ORIX JREIT Inc.</name>
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          <isin value="JP3040880001"/>
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        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Japan Prime Realty Investment Corporation</name>
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          <isin value="JP3040890000"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>NEXPOINT RESIDENTIAL TRUST, INC.</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Nexus Industrial REIT</name>
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        <title>NEXUS INDUSTRIAL REIT</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>NTT UD REIT Investment Corporation</name>
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          <isin value="JP3041770003"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>CapitaLand Ascendas REIT</name>
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        <title>CAPITALAND ASCENDAS REIT</title>
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        <issuerCat>RF</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>TOKYU REIT, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Global One Real Estate Investment Corporation</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>PROPERTY FOR INDUSTRY LIMITED</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>United Urban Investment Corporation</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>MORI TRUST REIT, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>OMEGA HEALTHCARE INVESTORS, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ONE LIBERTY PROPERTIES, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>STOCKLAND CORPORATION LTD</name>
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        <name>ORION PROPERTIES INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>OUTFRONT MEDIA INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>PARK HOTELS &amp; RESORTS INC.</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>PEBBLEBROOK HOTEL TRUST</name>
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        <title>PEBBLEBROOK HOTEL TRUST</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <fairValLevel>1</fairValLevel>
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        <name>Tanger Inc.</name>
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        <name>True North Commercial REIT</name>
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        <name>UNIVERSAL HEALTH REALTY INCOME TRUST</name>
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        <curCd>USD</curCd>
        <valUSD>273907733.82000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WHITESTONE REIT</name>
        <lei>N/A</lei>
        <title>WHITESTONE REIT</title>
        <cusip>966084204</cusip>
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          <isin value="US9660842041"/>
          <other otherDesc="Internal" value="966084204"/>
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        <balance>81887.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1550939.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>XENIA HOTELS &amp; RESORTS, INC.</name>
        <lei>54930075IWIPHF5IQL62</lei>
        <title>XENIA HOTELS RESORTS INC</title>
        <cusip>984017103</cusip>
        <identifiers>
          <isin value="US9840171030"/>
          <other otherDesc="Internal" value="984017103"/>
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        <balance>173001.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2814726.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Invincible Investment Corporation</name>
        <lei>353800JY6M2692VAV685</lei>
        <title>INVINCIBLE INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046190009"/>
          <other otherDesc="Internal" value="B00STP1"/>
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        <balance>14550.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Schroder Real Estate Investment Trust Limited</name>
        <lei>549300ZIJJTMTIIQJP67</lei>
        <title>SCHRODER REAL ESTATE INVESTMENT TRUST LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B01HM147"/>
          <other otherDesc="Internal" value="B01HM14"/>
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        <balance>932534.00000000</balance>
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        <pctVal>0.017277238560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>GG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Frontier Real Estate Investment Corporation</name>
        <lei>N/A</lei>
        <title>FRONTIER REAL ESTATE INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046200006"/>
          <other otherDesc="Internal" value="B020QY3"/>
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        <balance>4091.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
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        <pctVal>0.063676430379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DEXUS</name>
        <lei>N/A</lei>
        <title>DEXUS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000DXS1"/>
          <other otherDesc="Internal" value="B033YN6"/>
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        <balance>1933897.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOODMAN GROUP</name>
        <lei>N/A</lei>
        <title>GOODMAN GROUP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000GMG2"/>
          <other otherDesc="Internal" value="B03FYZ4"/>
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        <balance>3589896.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Alarko Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>N/A</lei>
        <title>ALARKO GAYRIMENKUL YATIRIM ORTAKLIGI AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRAALGYO91Q5"/>
          <other otherDesc="Internal" value="B03MNJ2"/>
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        <balance>1895824.50000000</balance>
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        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>265588.92000000</valUSD>
        <pctVal>0.007567776040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tera Yatirim Teknoloji Holding AS</name>
        <lei>789000KVPWX002KFYM43</lei>
        <title>TERA YATIRIM TEKNOLOJI HOLDING</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRAGLOBL91Q0"/>
          <other otherDesc="Internal" value="B03MT61"/>
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        <balance>1813698.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>1051657.64000000</valUSD>
        <pctVal>0.029966270773</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IS GAYRIMENKUL YATIRIM ORTAKLIGI ANONIM SIRKETI</name>
        <lei>789000STDVBPGEJLK432</lei>
        <title>IS GAYRIMENKUL YATIRIM ORTAKLIGI AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRAISGYO91Q3"/>
          <other otherDesc="Internal" value="B03MTW7"/>
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        <balance>856366.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>383599.51000000</valUSD>
        <pctVal>0.010930407718</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VAKIF GAYRIMENKUL YATIRIM ORTAKLIGI ANONIM SIRKETI</name>
        <lei>7890009YB4HE8LK4OB30</lei>
        <title>VAKIF GAYRIMENKUL YATIRIM ORTAKLIGI AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRAVKGYO91Q3"/>
          <other otherDesc="Internal" value="B03MZ41"/>
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        <balance>2907155.07600000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>177576.46000000</valUSD>
        <pctVal>0.005059920720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Suntec Real Estate Investment Trust</name>
        <lei>549300C46QFXSI2F4K13</lei>
        <title>SUNTEC REAL ESTATE INVESTMENT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1Q52922370"/>
          <other otherDesc="Internal" value="B04PZ72"/>
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        <balance>3390400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.27355000"/>
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        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HEIWA REAL ESTATE REIT, Inc.</name>
        <lei>3538003GH25628YW4R98</lei>
        <title>HEIWA REAL ESTATE REIT INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046220004"/>
          <other otherDesc="Internal" value="B064LV3"/>
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        <balance>1902.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Japan Logistics Fund, Inc.</name>
        <lei>3538004KZWISCQO70151</lei>
        <title>JAPAN LOGISTICS FUND INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046230003"/>
          <other otherDesc="Internal" value="B07NL19"/>
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        <balance>4234.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fukuoka REIT Corporation</name>
        <lei>N/A</lei>
        <title>FUKUOKA REIT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046240002"/>
          <other otherDesc="Internal" value="B0B8154"/>
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        <balance>1181.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KDX Realty Investment Corporation</name>
        <lei>353800FFT483NCIHFY42</lei>
        <title>KDX REALTY INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046270009"/>
          <other otherDesc="Internal" value="B0C5Q59"/>
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        <balance>7246.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Axis Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>AXIS REAL ESTATE INVESTMENT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5106TO008"/>
          <other otherDesc="Internal" value="B0CMCL8"/>
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        <balance>3265141.00000000</balance>
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        <issuerCat>RF</issuerCat>
        <invCountry>MY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MAPLETREE LOGISTICS TRUST</name>
        <lei>549300M9EBZIYH387075</lei>
        <title>MAPLETREE LOGISTICS TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1S03926213"/>
          <other otherDesc="Internal" value="B0D6P43"/>
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        <balance>6376600.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Starhill Global Real Estate Investment Trust</name>
        <lei>549300GCJNC7HDN3YK51</lei>
        <title>STARHILL GLOBAL REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1S18926810"/>
          <other otherDesc="Internal" value="B0HZGR6"/>
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        <balance>2353187.00000000</balance>
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        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>YTL HOSPITALITY REIT</name>
        <lei>N/A</lei>
        <title>YTL HOSPITALITY REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5109TO002"/>
          <other otherDesc="Internal" value="B0JVKJ2"/>
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        <balance>1012200.00000000</balance>
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        <valUSD>254865.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>RF</issuerCat>
        <invCountry>MY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cathay No.1 Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>CATHAY NO 1 REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW00001002T6"/>
          <other otherDesc="Internal" value="B0LCGD9"/>
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        <balance>62000.00000000</balance>
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        <currencyConditional curCd="TWD" exchangeRt="31.68450000"/>
        <valUSD>27845.16000000</valUSD>
        <pctVal>0.000793428937</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <issuerCat>RF</issuerCat>
        <invCountry>TW</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Picton Property Income Limited</name>
        <lei>213800RYE59K9CKR4497</lei>
        <title>PICTON PROPERTY INCOME LTD THE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B0LCW208"/>
          <other otherDesc="Internal" value="B0LCW20"/>
        </identifiers>
        <balance>40571.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>42560.07000000</valUSD>
        <pctVal>0.001212720312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>GG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hankyu Hanshin REIT, Inc.</name>
        <lei>N/A</lei>
        <title>HANKYU HANSHIN REIT INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046320002"/>
          <other otherDesc="Internal" value="B0LLJ37"/>
        </identifiers>
        <balance>1073.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>1018872.40000000</valUSD>
        <pctVal>0.029032077608</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MERCIALYS SA</name>
        <lei>969500081CGAXB7YS433</lei>
        <title>MERCIALYS SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010241638"/>
          <other otherDesc="Internal" value="B0LMF87"/>
        </identifiers>
        <balance>204131.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85248000"/>
        <valUSD>2983615.17000000</valUSD>
        <pctVal>0.085016089521</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ichigo Office REIT Investment Corporation</name>
        <lei>N/A</lei>
        <title>ICHIGO OFFICE REIT INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046300004"/>
          <other otherDesc="Internal" value="B0LNCF6"/>
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        <balance>1704.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>985178.52000000</valUSD>
        <pctVal>0.028071993363</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Daiwa Office Investment Corporation</name>
        <lei>N/A</lei>
        <title>DAIWA OFFICE INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046310003"/>
          <other otherDesc="Internal" value="B0LNTF5"/>
        </identifiers>
        <balance>958.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>2038818.16000000</valUSD>
        <pctVal>0.058094739882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Starts Proceed Investment Corporation</name>
        <lei>N/A</lei>
        <title>STARTS PROCEED INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046340000"/>
          <other otherDesc="Internal" value="B0NNX17"/>
        </identifiers>
        <balance>359.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>444898.38000000</valUSD>
        <pctVal>0.012677077420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Link Real Estate Investment Trust</name>
        <lei>529900XUE70U36QX5M62</lei>
        <title>LINK REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0823032773"/>
          <other otherDesc="Internal" value="B0PB4M7"/>
        </identifiers>
        <balance>4641600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83375000"/>
        <valUSD>23226516.04000000</valUSD>
        <pctVal>0.661823812531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Prosperity Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>PROSPERITY REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0808032913"/>
          <other otherDesc="Internal" value="B0PVBN7"/>
        </identifiers>
        <balance>1942000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83375000"/>
        <valUSD>356978.46000000</valUSD>
        <pctVal>0.010171858964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>YUEXIU REAL ESTATE INVESTMENT TRUST</name>
        <lei>N/A</lei>
        <title>YUEXIU PROPERTY CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0405033157"/>
          <other otherDesc="Internal" value="B0TLGM7"/>
        </identifiers>
        <balance>2045000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83375000"/>
        <valUSD>187955.96000000</valUSD>
        <pctVal>0.005355677529</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Daiwa House REIT Investment Corporation</name>
        <lei>3538001FWU534P8JMO05</lei>
        <title>DAIWA HOUSE REIT INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046390005"/>
          <other otherDesc="Internal" value="B0Z6WY0"/>
        </identifiers>
        <balance>7916.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>6344721.61000000</valUSD>
        <pctVal>0.180788536608</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Keppel REIT</name>
        <lei>549300ZD5HZLQCF55J25</lei>
        <title>KEPPEL REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1T22929874"/>
          <other otherDesc="Internal" value="B12RQH4"/>
        </identifiers>
        <balance>6111700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.27355000"/>
        <valUSD>4295058.30000000</valUSD>
        <pctVal>0.122384771536</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Champion Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>CHAMPION REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK2778034606"/>
          <other otherDesc="Internal" value="B14WZ47"/>
        </identifiers>
        <balance>3117000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83375000"/>
        <valUSD>927092.39000000</valUSD>
        <pctVal>0.026416868507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Japan Hotel REIT Investment Corporation</name>
        <lei>353800L8KG849FP1JI68</lei>
        <title>JAPAN HOTEL REIT INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046400002"/>
          <other otherDesc="Internal" value="B1530B1"/>
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        <balance>10299.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>5139477.36000000</valUSD>
        <pctVal>0.146445919609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHARTER HALL GROUP</name>
        <lei>N/A</lei>
        <title>CHARTER HALL GROUP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CHC0"/>
          <other otherDesc="Internal" value="B15F6S6"/>
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        <balance>803050.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
        <valUSD>11633636.37000000</valUSD>
        <pctVal>0.331492573519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Japan Excellent, Inc.</name>
        <lei>35380015J62221TE0D86</lei>
        <title>JAPAN EXCELLENT INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046420000"/>
          <other otherDesc="Internal" value="B15T1R2"/>
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        <balance>1898.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
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        <pctVal>0.049386847629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Daiwa Securities Living Investment Corporation</name>
        <lei>N/A</lei>
        <title>DAIWA SECURITIES LIVING INVESTMENTS CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046410001"/>
          <other otherDesc="Internal" value="B15T1S3"/>
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        <balance>3427.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
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        <pctVal>0.066863528488</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Frasers Centrepoint Trust</name>
        <lei>5493002RGQ266FKERZ83</lei>
        <title>FRASERS CENTREPOINT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1T60930966"/>
          <other otherDesc="Internal" value="B17NZ47"/>
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        <balance>2404478.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.27355000"/>
        <valUSD>4417948.66000000</valUSD>
        <pctVal>0.125886448948</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mitsui Fudosan Accommodations Fund Inc.</name>
        <lei>N/A</lei>
        <title>MITSUI FUDOSAN ACCOMMODATIONS FUND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046440008"/>
          <other otherDesc="Internal" value="B182BB2"/>
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        <balance>4133.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>3447133.79000000</valUSD>
        <pctVal>0.098223738044</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CDL Hospitality Trusts</name>
        <lei>N/A</lei>
        <title>CDL HOSPITALITY TRUSTS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1T66931158"/>
          <other otherDesc="Internal" value="B192HG8"/>
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        <balance>1409300.00000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.27355000"/>
        <valUSD>896339.37000000</valUSD>
        <pctVal>0.025540582072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Al-'Aqar Healthcare REIT</name>
        <lei>N/A</lei>
        <title>AL AQAR HEALTHCARE REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5116TO007"/>
          <other otherDesc="Internal" value="B1BL6J9"/>
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        <balance>900.00000000</balance>
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        <currencyConditional curCd="MYR" exchangeRt="3.97150000"/>
        <valUSD>278.74000000</valUSD>
        <pctVal>0.000007942507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>MY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MONTEA NV</name>
        <lei>5493006K5LQDD0GK1T60</lei>
        <title>MONTEA NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003853703"/>
          <other otherDesc="Internal" value="B1FWD64"/>
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        <balance>35561.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85248000"/>
        <valUSD>2936719.22000000</valUSD>
        <pctVal>0.083679821251</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AEDIFICA NV</name>
        <lei>529900DTKNXL0AXQFN28</lei>
        <title>AEDIFICA SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003851681"/>
          <other otherDesc="Internal" value="B1G5XP1"/>
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        <balance>120308.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85248000"/>
        <valUSD>10139979.59000000</valUSD>
        <pctVal>0.288931837202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MORI HILLS REIT INVESTMENT CORPORATION</name>
        <lei>N/A</lei>
        <title>MORI HILLS REIT INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046470005"/>
          <other otherDesc="Internal" value="B1GF9P3"/>
        </identifiers>
        <balance>2429.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>2072411.86000000</valUSD>
        <pctVal>0.059051969566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CapitaLand China Trust</name>
        <lei>5493007T7JU82E186P49</lei>
        <title>CAPITALAND CHINA TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1U25933169"/>
          <other otherDesc="Internal" value="B1HL3P8"/>
        </identifiers>
        <balance>2070800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.27355000"/>
        <valUSD>1081294.02000000</valUSD>
        <pctVal>0.030810739309</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUNLIGHT REAL ESTATE INVESTMENT TRUST</name>
        <lei>N/A</lei>
        <title>SUNLIGHT REAL ESTATE INVESTMENT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0435036626"/>
          <other otherDesc="Internal" value="B1KR438"/>
        </identifiers>
        <balance>1679000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83375000"/>
        <valUSD>499386.63000000</valUSD>
        <pctVal>0.014229683127</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>First Real Estate Investment Trust</name>
        <lei>549300SI6X0UQQINB286</lei>
        <title>FIRST REAL ESTATE INVESTMENT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1U27933225"/>
          <other otherDesc="Internal" value="B1L0H71"/>
        </identifiers>
        <balance>1355300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.27355000"/>
        <valUSD>255405.76000000</valUSD>
        <pctVal>0.007277613807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SENTRAL REIT</name>
        <lei>N/A</lei>
        <title>SENTRAL REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5123TO003"/>
          <other otherDesc="Internal" value="B1M32W9"/>
        </identifiers>
        <balance>229300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="3.97150000"/>
        <valUSD>40704.14000000</valUSD>
        <pctVal>0.001159836846</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>MY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAFESTORE HOLDINGS PLC</name>
        <lei>213800WGA3YSJC1YOH73</lei>
        <title>SAFESTORE HOLDINGS PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B1N7Z094"/>
          <other otherDesc="Internal" value="B1N7Z09"/>
        </identifiers>
        <balance>111501.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>1012860.35000000</valUSD>
        <pctVal>0.028860768323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASCENCIO SA</name>
        <lei>549300PHFI20T3WJRO63</lei>
        <title>ASCENCIO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0003856730"/>
          <other otherDesc="Internal" value="B1R6PX5"/>
        </identifiers>
        <balance>7774.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85248000"/>
        <valUSD>454595.88000000</valUSD>
        <pctVal>0.012953401101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REGAL REAL ESTATE INVESTMENT TRUST</name>
        <lei>N/A</lei>
        <title>REGAL REAL ESTATE INVESTMENT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK1881037571"/>
          <other otherDesc="Internal" value="B1VMDH9"/>
        </identifiers>
        <balance>4000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83375000"/>
        <valUSD>194.03000000</valUSD>
        <pctVal>0.000005528753</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sirius Real Estate Limited</name>
        <lei>213800NURUF5W8QSK566</lei>
        <title>SIRIUS REAL ESTATE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GG00B1W3VF54"/>
          <other otherDesc="Internal" value="B1W3VF5"/>
        </identifiers>
        <balance>71277.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>96951.14000000</valUSD>
        <pctVal>0.002762556941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>GG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COVIVIO HOTELS SCA</name>
        <lei>969500N2QX5LGFFZ0I67</lei>
        <title>COVIVIO HOTELS SACA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000060303"/>
          <other otherDesc="Internal" value="B1WSPV4"/>
        </identifiers>
        <balance>112.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85248000"/>
        <valUSD>2995.50000000</valUSD>
        <pctVal>0.000085354739</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GROWTHPOINT PROPERTIES AUSTRALIA LIMITED</name>
        <lei>529900VCPJ9IEDF4TJ03</lei>
        <title>GROWTHPOINT PROPERTIES AUSTRALIA LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000GOZ8"/>
          <other otherDesc="Internal" value="B1Y9BC8"/>
        </identifiers>
        <balance>390448.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
        <valUSD>614759.38000000</valUSD>
        <pctVal>0.017517151343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARGAN SA</name>
        <lei>529900FXM41XSCUSGH04</lei>
        <title>ARGAN SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010481960"/>
          <other otherDesc="Internal" value="B1YKDN6"/>
        </identifiers>
        <balance>19717.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85248000"/>
        <valUSD>1417806.99000000</valUSD>
        <pctVal>0.040399448024</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Parkway Life Real Estate Investment Trust</name>
        <lei>549300I4DKVD2OF5LW91</lei>
        <title>PARKWAY LIFE REAL ESTATE INVESTMENT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1V52937132"/>
          <other otherDesc="Internal" value="B23WXW9"/>
        </identifiers>
        <balance>808300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.27355000"/>
        <valUSD>2551423.97000000</valUSD>
        <pctVal>0.072701094572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Industrial &amp; Infrastructure Fund Investment Corporation</name>
        <lei>353800WCHFY04YKYCI19</lei>
        <title>INDUSTRIAL INFRASTRUCTURE FUND INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3046500009"/>
          <other otherDesc="Internal" value="B24HH65"/>
        </identifiers>
        <balance>4928.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>4588208.42000000</valUSD>
        <pctVal>0.130737885267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kiler Gayrimenkul Yatirim Ortakligi A S</name>
        <lei>789000D709M6PHNM3870</lei>
        <title>KILER GAYRIMENKUL YATIRIM ORTAKLIGI AS</title>
        <cusip>M6317T107</cusip>
        <identifiers>
          <isin value="TREKGYO00014"/>
          <other otherDesc="Internal" value="B3N8X13"/>
        </identifiers>
        <balance>1512194.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>174027.94000000</valUSD>
        <pctVal>0.004958808051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAPITALAND MALAYSIA TRUST</name>
        <lei>N/A</lei>
        <title>CAPITALAND MALAYSIA TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5180TO003"/>
          <other otherDesc="Internal" value="B3RZ1Q1"/>
        </identifiers>
        <balance>2752663.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="3.97150000"/>
        <valUSD>436655.59000000</valUSD>
        <pctVal>0.012442204712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>MY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REYSAS GAYRIMENKUL YATIRIM ORTAKLIGI ANONIM SIRKETI</name>
        <lei>789000T4S7UQTKKLGO34</lei>
        <title>REYSAS GAYRIMENKUL YATIRIM ORTAKLIGI AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRERGYO00019"/>
          <other otherDesc="Internal" value="B3VKHD1"/>
        </identifiers>
        <balance>1053370.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>706369.10000000</valUSD>
        <pctVal>0.020127508146</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marti Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000KIV10TVGZPDX59</lei>
        <title>MARTI GAYRIMENKUL YATIRIM ORTAKLIGI AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREMRGY00013"/>
          <other otherDesc="Internal" value="B42DL67"/>
        </identifiers>
        <balance>1979142.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>81470.06000000</valUSD>
        <pctVal>0.002321434072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mapletree Industrial Trust</name>
        <lei>549300R7WZFHXNKDJF41</lei>
        <title>MAPLETREE INDUSTRIAL TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2C32962814"/>
          <other otherDesc="Internal" value="B4LR5Q8"/>
        </identifiers>
        <balance>3760700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.27355000"/>
        <valUSD>5817265.91000000</valUSD>
        <pctVal>0.165759044379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AKFEN GAYRIMENKUL YATIRIM ORTAKLIGI ANONIM SIRKETI</name>
        <lei>7890008YXK49WSBONQ90</lei>
        <title>AKFEN GAYRIMENKUL YATIRIM ORTAKLIGI AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREAKFG00012"/>
          <other otherDesc="Internal" value="B4MV0G4"/>
        </identifiers>
        <balance>314188.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>19817.21000000</valUSD>
        <pctVal>0.000564677950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LONDONMETRIC PROPERTY PLC</name>
        <lei>213800OCERWWPQDURL87</lei>
        <title>LONDONMETRIC PROPERTY PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B4WFW713"/>
          <other otherDesc="Internal" value="B4WFW71"/>
        </identifiers>
        <balance>4957583.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>12759080.06000000</valUSD>
        <pctVal>0.363561327715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Torunlar Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000AZI3NB7PA5A670</lei>
        <title>TORUNLAR GAYRIMENKUL YATIRIM ORTAKLIGI AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRETRGY00018"/>
          <other otherDesc="Internal" value="B4WW142"/>
        </identifiers>
        <balance>450802.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>977732.44000000</valUSD>
        <pctVal>0.027859822366</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CARMILA SA</name>
        <lei>222100P6D3QKU33LZQ72</lei>
        <title>CARMILA SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010828137"/>
          <other otherDesc="Internal" value="B4Y0230"/>
        </identifiers>
        <balance>87460.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85248000"/>
        <valUSD>1742059.40000000</valUSD>
        <pctVal>0.049638800402</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mapletree Pan Asia Commercial Trust</name>
        <lei>549300BF18K4IC5LZ208</lei>
        <title>MAPLETREE PAN ASIA COMMERCIAL TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2D18969584"/>
          <other otherDesc="Internal" value="B5143W8"/>
        </identifiers>
        <balance>4187500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.27355000"/>
        <valUSD>4241588.47000000</valUSD>
        <pctVal>0.120861185016</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMLAK KONUT GAYRIMENKUL YATIRIM ORTAKLIGI ANONIM SIRKETI</name>
        <lei>789000IA5R88NAGSC462</lei>
        <title>EMLAK KONUT GAYRIMENKUL YATIRIM ORTAKLIGI AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREEGYO00017"/>
          <other otherDesc="Internal" value="B586565"/>
        </identifiers>
        <balance>4299959.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>1958473.96000000</valUSD>
        <pctVal>0.055805386426</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="1670256.74999999"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AIMS APAC REIT</name>
        <lei>549300MGNQOBQ3KVN734</lei>
        <title>AIMS APAC REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2D63974620"/>
          <other otherDesc="Internal" value="B58DLN5"/>
        </identifiers>
        <balance>960100.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.27355000"/>
        <valUSD>1138354.21000000</valUSD>
        <pctVal>0.032436630701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fortune Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>FORTUNE REAL ESTATE INVESTMENT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1O33912138"/>
          <other otherDesc="Internal" value="B5T50H7"/>
        </identifiers>
        <balance>3002000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83375000"/>
        <valUSD>1862418.38000000</valUSD>
        <pctVal>0.053068347859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEGRO PUBLIC LIMITED COMPANY</name>
        <lei>213800XC35KGM9NFC641</lei>
        <title>SEGRO PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B5ZN1N88"/>
          <other otherDesc="Internal" value="B5ZN1N8"/>
        </identifiers>
        <balance>2911621.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>27497236.04000000</valUSD>
        <pctVal>0.783515080726</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SHAFTESBURY CAPITAL PLC</name>
        <lei>549300TTXXZ1SHUI0D54</lei>
        <title>SHAFTESBURY CAPITAL PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B62G9D36"/>
          <other otherDesc="Internal" value="B62G9D3"/>
        </identifiers>
        <balance>3085157.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>5596647.19000000</valUSD>
        <pctVal>0.159472663670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUNWAY REAL ESTATE INVESTMENT TRUST</name>
        <lei>N/A</lei>
        <title>SUNWAY REAL ESTATE INVESTMENT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5176TO001"/>
          <other otherDesc="Internal" value="B62QFR9"/>
        </identifiers>
        <balance>3640300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="3.97150000"/>
        <valUSD>2254850.31000000</valUSD>
        <pctVal>0.064250429392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>MY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Advance Residence Investment Corporation</name>
        <lei>N/A</lei>
        <title>ADVANCE RESIDENCE INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047160001"/>
          <other otherDesc="Internal" value="B62WZW2"/>
        </identifiers>
        <balance>5012.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>5162163.30000000</valUSD>
        <pctVal>0.147092340075</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fideicomiso Irrevocable No. F/1401</name>
        <lei>54930011BLQ0JPRBAL73</lei>
        <title>FIBRA UNO ADMINISTRACION SA DE CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXCFFU000001"/>
          <other otherDesc="Internal" value="B671GT8"/>
        </identifiers>
        <balance>4781103.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="17.51200000"/>
        <valUSD>8187830.00000000</valUSD>
        <pctVal>0.233306659407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WORKSPACE GROUP PLC</name>
        <lei>2138003GUZRFIN3UT430</lei>
        <title>WORKSPACE GROUP PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00B67G5X01"/>
          <other otherDesc="Internal" value="B67G5X0"/>
        </identifiers>
        <balance>72768.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>333622.17000000</valUSD>
        <pctVal>0.009506337330</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARGOSY PROPERTY LIMITED</name>
        <lei>9845005EAC0D08F77F73</lei>
        <title>ARGOSY PROPERTY LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZARGE0010S7"/>
          <other otherDesc="Internal" value="B6ZFBN1"/>
        </identifiers>
        <balance>1485334.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.69851000"/>
        <valUSD>944451.74000000</valUSD>
        <pctVal>0.026911511405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ozak Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000WGRKZVCFLA9230</lei>
        <title>OZAK GAYRIMENKUL YATIRIM ORTAKLIGI</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREOZAK00014"/>
          <other otherDesc="Internal" value="B72RSM5"/>
        </identifiers>
        <balance>629555.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>170399.47000000</valUSD>
        <pctVal>0.004855417260</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pavilion Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>PAVILION REAL ESTATE INVESTMENT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5212TO004"/>
          <other otherDesc="Internal" value="B79YDV3"/>
        </identifiers>
        <balance>3417800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="3.97150000"/>
        <valUSD>1540441.14000000</valUSD>
        <pctVal>0.043893824906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>MY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AKIS GAYRIMENKUL YATIRIM ORTAKLIGI ANONIM SIRKETI</name>
        <lei>789000E8HRSI0VGVLY65</lei>
        <title>AKIS GAYRIMENKUL YATIRIMI AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREAIGY00017"/>
          <other otherDesc="Internal" value="B8055M7"/>
        </identifiers>
        <balance>1610655.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>319031.58000000</valUSD>
        <pctVal>0.009090588370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fideicomiso Irrevocable No. F/1622</name>
        <lei>4469000001BRQKG5JK62</lei>
        <title>FIBRA MACQUARIE MEXICO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXCFFI0U0002"/>
          <other otherDesc="Internal" value="B80RZK1"/>
        </identifiers>
        <balance>1520767.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="17.51200000"/>
        <valUSD>3759365.20000000</valUSD>
        <pctVal>0.107120560185</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INGENIA COMMUNITIES GROUP</name>
        <lei>N/A</lei>
        <title>INGENIA COMMUNITIES GROUP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000INA9"/>
          <other otherDesc="Internal" value="B84GSC7"/>
        </identifiers>
        <balance>727179.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
        <valUSD>2075533.19000000</valUSD>
        <pctVal>0.059140909746</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IGB Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>IGB REAL ESTATE INVESTMENT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5227TO002"/>
          <other otherDesc="Internal" value="B89JCF2"/>
        </identifiers>
        <balance>3471800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="3.97150000"/>
        <valUSD>2543859.50000000</valUSD>
        <pctVal>0.072485550133</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>MY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Activia Properties Inc.</name>
        <lei>353800RPGYN3ML8CXV54</lei>
        <title>ACTIVIA PROPERTIES INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047490002"/>
          <other otherDesc="Internal" value="B8BSRY1"/>
        </identifiers>
        <balance>3679.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>3296203.69000000</valUSD>
        <pctVal>0.093923087269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Far East Hospitality Trust</name>
        <lei>N/A</lei>
        <title>FAR EAST HOSPITALITY TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2F08984575"/>
          <other otherDesc="Internal" value="B8GM577"/>
        </identifiers>
        <balance>1610000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.27355000"/>
        <valUSD>726905.11000000</valUSD>
        <pctVal>0.020712667815</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fideicomiso Irrevocable No. F/1596</name>
        <lei>4469000001BO1QDXFV70</lei>
        <title>CONCENTRADORA FIBRA HOTELERA MEXICANA SA DE CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXCFFI0T0005"/>
          <other otherDesc="Internal" value="B8HLNQ8"/>
        </identifiers>
        <balance>3200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="17.51200000"/>
        <valUSD>1408.86000000</valUSD>
        <pctVal>0.000040144509</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Comforia Residential Reit, Inc.</name>
        <lei>353800BJ2SV3UPG9JU05</lei>
        <title>COMFORIA RESIDENTIAL REIT INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047540004"/>
          <other otherDesc="Internal" value="B8N6QD5"/>
        </identifiers>
        <balance>3384.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>2364621.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kuyas Yatirim AS</name>
        <lei>789000Y579RN38MYXV25</lei>
        <title>KUYUMCUKENT GAYRIMENKUL YATIRIMLARI AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREKYAS00018"/>
          <other otherDesc="Internal" value="B8NFWK1"/>
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        <balance>884309.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>1626346.90000000</valUSD>
        <pctVal>0.046341651240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="1220118.25000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GLP J-REIT</name>
        <lei>353800E27V9KA51K2I90</lei>
        <title>GLP J REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047510007"/>
          <other otherDesc="Internal" value="B8RBZV7"/>
        </identifiers>
        <balance>8286.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>7164755.43000000</valUSD>
        <pctVal>0.204154843816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HALK GAYRIMENKUL YATIRIM ORTAKLIGI ANONIM SIRKETI</name>
        <lei>789000OIIYACSHHZY053</lei>
        <title>HALK GAYRIMENKUL YATIRIM ORTAKLIGI AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREHLGY00016"/>
          <other otherDesc="Internal" value="B8S9YR9"/>
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        <balance>1987794.58700000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>256476.85000000</valUSD>
        <pctVal>0.007308133789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KLCCP Stapled Group</name>
        <lei>N/A</lei>
        <title>KLCCP STAPLED GROUP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYL5235SS008"/>
          <other otherDesc="Internal" value="B92NSW7"/>
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        <balance>624300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="3.97150000"/>
        <valUSD>1424186.83000000</valUSD>
        <pctVal>0.040581237236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="137532.96000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Servet Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000EM0DA25ZIVOG89</lei>
        <title>SERVET GAYRIMENKUL YATIRIM ORTAKLIGI AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRESRGY00010"/>
          <other otherDesc="Internal" value="B95JG62"/>
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        <balance>2274929.50000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>168159.93000000</valUSD>
        <pctVal>0.004791603088</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Nippon Prologis REIT, Inc.</name>
        <lei>353800PHBMSDLAFURY41</lei>
        <title>NIPPON PROLOGIS REIT INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047550003"/>
          <other otherDesc="Internal" value="B98BC67"/>
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        <balance>11867.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>6770108.17000000</valUSD>
        <pctVal>0.192909637958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ARENA REIT NO. 1</name>
        <lei>984500FEAC9A1C1FC967</lei>
        <title>ARENA REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000ARF6"/>
          <other otherDesc="Internal" value="B99K263"/>
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        <balance>838896.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
        <valUSD>1996337.50000000</valUSD>
        <pctVal>0.056884282303</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fideicomiso Irrevocable No. DB/1616</name>
        <lei>4469000001BPY9CADE84</lei>
        <title>ASESOR DE ACTIVOS PRISMA SAPI DE CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXCFFI0V0001"/>
          <other otherDesc="Internal" value="B9FJ6S4"/>
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        <balance>3487.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="17.51200000"/>
        <valUSD>1035.43000000</valUSD>
        <pctVal>0.000029503875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Panora Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000D7WJGPS8B43F35</lei>
        <title>PANORA GAYRIMENKUL YATIRIM ORTAKLIGI</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREPGYO00013"/>
          <other otherDesc="Internal" value="BB2C7C1"/>
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        <balance>76316.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>219735.90000000</valUSD>
        <pctVal>0.006261225352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GROWTHPOINT PROPERTIES LIMITED</name>
        <lei>37890019DD1E46632291</lei>
        <title>GROWTHPOINT PROPERTIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000179420"/>
          <other otherDesc="Internal" value="BBGB5W0"/>
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        <balance>6649665.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.70000000"/>
        <valUSD>6510300.76000000</valUSD>
        <pctVal>0.185506602121</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hoshino Resorts REIT, Inc.</name>
        <lei>353800DF2MUZWFL4IL56</lei>
        <title>HOSHINO RESORTS REIT INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047610005"/>
          <other otherDesc="Internal" value="BBH7G35"/>
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        <balance>1034.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>1666092.34000000</valUSD>
        <pctVal>0.047474170581</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BURSTONE GROUP LIMITED</name>
        <lei>254900J1KNM6W078S240</lei>
        <title>BURSTONE GROUP LIMITED</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000180915"/>
          <other otherDesc="Internal" value="BCDYGW6"/>
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        <balance>1182748.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.70000000"/>
        <valUSD>669987.79000000</valUSD>
        <pctVal>0.019090847407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CENTRAL REIT Investment Corporation</name>
        <lei>N/A</lei>
        <title>CENTRAL REIT INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048690006"/>
          <other otherDesc="Internal" value="BD0G2B3"/>
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        <balance>389.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>270330.24000000</valUSD>
        <pctVal>0.007702876736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Colonial SFL, SOCIMI, S.A.</name>
        <lei>95980020140005007414</lei>
        <title>Colonial SFL Socimi SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0139140174"/>
          <other otherDesc="Internal" value="BD0PJ08"/>
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        <balance>522448.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85248000"/>
        <valUSD>3340068.51000000</valUSD>
        <pctVal>0.095172985547</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CENTURIA INDUSTRIAL REIT</name>
        <lei>984500D6B1D6BC3F7B08</lei>
        <title>CENTURIA INDUSTRIAL REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CIP0"/>
          <other otherDesc="Internal" value="BD31FD8"/>
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        <balance>1113214.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
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        <pctVal>0.068415748097</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Yeni Gimat Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000J53RVV2SNVN444</lei>
        <title>YENI GIMAT GAYRIMENKUL ORTAKLIGI AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREYGMI00012"/>
          <other otherDesc="Internal" value="BD3CV33"/>
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        <balance>165597.00000000</balance>
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        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>879572.86000000</valUSD>
        <pctVal>0.025062831748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Riyad REIT</name>
        <lei>N/A</lei>
        <title>RIYAD REIT FUND</title>
        <cusip>M8293R105</cusip>
        <identifiers>
          <isin value="SA145G523L57"/>
          <other otherDesc="Internal" value="BD3GH93"/>
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        <balance>41140.00000000</balance>
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        <currencyConditional curCd="SAR" exchangeRt="3.75050000"/>
        <valUSD>54407.25000000</valUSD>
        <pctVal>0.001550297666</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <issuerCat>RF</issuerCat>
        <invCountry>SA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STRIDE PROPERTY LIMITED</name>
        <lei>984500E6F106N9B40626</lei>
        <title>STRIDE PROPERTY GROUP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZSPGE0001S2"/>
          <other otherDesc="Internal" value="BD6K242"/>
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        <balance>904649.00000000</balance>
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        <pctVal>0.016845864169</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SASSEUR REAL ESTATE INVESTMENT TRUST</name>
        <lei>N/A</lei>
        <title>SASSEUR REAL ESTATE INVESTMENT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1ED2000000"/>
          <other otherDesc="Internal" value="BD6RNW8"/>
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        <balance>866600.00000000</balance>
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        <currencyConditional curCd="SGD" exchangeRt="1.27355000"/>
        <valUSD>455908.29000000</valUSD>
        <pctVal>0.012990797334</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEWRIVER REIT PLC</name>
        <lei>2138004GX1VAUMH66L31</lei>
        <title>NEWRIVER REIT PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BD7XPJ64"/>
          <other otherDesc="Internal" value="BD7XPJ6"/>
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        <balance>217584.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>221746.93000000</valUSD>
        <pctVal>0.006318528287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Charter Hall Long WALE REIT</name>
        <lei>N/A</lei>
        <title>CHARTER HALL LONG WALE REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000CLW0"/>
          <other otherDesc="Internal" value="BDB46J2"/>
        </identifiers>
        <balance>1185997.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
        <valUSD>2984348.13000000</valUSD>
        <pctVal>0.085036974719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LaSalle LOGIPORT REIT</name>
        <lei>353800II3DI1RPKBB314</lei>
        <title>LASALLE LOGIPORT REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048180008"/>
          <other otherDesc="Internal" value="BDD1L29"/>
        </identifiers>
        <balance>3026.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>2942869.72000000</valUSD>
        <pctVal>0.083855075574</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>One REIT, Inc.</name>
        <lei>N/A</lei>
        <title>ONE REIT INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047640002"/>
          <other otherDesc="Internal" value="BDGTL31"/>
        </identifiers>
        <balance>1389.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>692261.89000000</valUSD>
        <pctVal>0.019725532771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PEKER GAYRIMENKUL YATIRIM ORTAKLIGI ANONIM SIRKETI</name>
        <lei>789000AYPWS1SMED9849</lei>
        <title>PEKER GAYRIMENKUL YATIRIM ORTAKLIGI AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREPEGY00022"/>
          <other otherDesc="Internal" value="BDT8SW3"/>
        </identifiers>
        <balance>3460196.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>1255127.28000000</valUSD>
        <pctVal>0.035764000086</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CLS HOLDINGS PLC</name>
        <lei>213800A357TKB2TD9U78</lei>
        <title>CLS HOLDINGS PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BF044593"/>
          <other otherDesc="Internal" value="BF04459"/>
        </identifiers>
        <balance>51665.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>34049.26000000</valUSD>
        <pctVal>0.000970210557</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOCIAL HOUSING REIT PLC</name>
        <lei>213800BERVBS2HFTBC58</lei>
        <title>SOCIAL HOUSING REIT PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BF0P7H59"/>
          <other otherDesc="Internal" value="BF0P7H5"/>
        </identifiers>
        <balance>410390.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>406531.02000000</valUSD>
        <pctVal>0.011583825533</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Al Rajhi REIT Fund</name>
        <lei>N/A</lei>
        <title>AL RAJHI REIT</title>
        <cusip>M0857X107</cusip>
        <identifiers>
          <isin value="SA14GG523Q50"/>
          <other otherDesc="Internal" value="BF0Q284"/>
        </identifiers>
        <balance>402108.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75050000"/>
        <valUSD>878086.79000000</valUSD>
        <pctVal>0.025020487191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IMMOBILIARE GRANDE DISTRIBUZIONE SOCIETA DI INVESTIMENTO IMMOBILIARE QUOTATA S.P.A.</name>
        <lei>815600CF8C0389D0E272</lei>
        <title>IMMOBILIARE GRANDE DISTRIBUZIONE SIIQ SPA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005322612"/>
          <other otherDesc="Internal" value="BF0VLX7"/>
        </identifiers>
        <balance>99716.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85248000"/>
        <valUSD>498299.27000000</valUSD>
        <pctVal>0.014198699541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kore US REIT</name>
        <lei>254900DAOFEE40P4WB37</lei>
        <title>KORE US REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1EA1000007"/>
          <other otherDesc="Internal" value="BF249P2"/>
        </identifiers>
        <balance>1221800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>244360.00000000</valUSD>
        <pctVal>0.006962872371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIBAIL-RODAMCO-WESTFIELD SE</name>
        <lei>969500SHQITWXSIS7N89</lei>
        <title>UNIBAIL RODAMCO WESTFIELD</title>
        <cusip>F95094581</cusip>
        <identifiers>
          <isin value="FR0013326246"/>
          <other otherDesc="Internal" value="BF2PQ09"/>
        </identifiers>
        <balance>212473.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85248000"/>
        <valUSD>25696751.01000000</valUSD>
        <pctVal>0.732211481645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi Estate Logistics REIT Investment Corporation</name>
        <lei>353800YYSGZU31ICQK38</lei>
        <title>MITSUBISHI ESTATE LOGISTICS REIT INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048480002"/>
          <other otherDesc="Internal" value="BF46Y06"/>
        </identifiers>
        <balance>2353.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>1822878.66000000</valUSD>
        <pctVal>0.051941690370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CPN RETAIL GROWTH LEASEHOLD REIT</name>
        <lei>N/A</lei>
        <title>CPN RETAIL GROWTH LEASEHOLD REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH8351010005"/>
          <other otherDesc="Internal" value="BF5BKQ8"/>
        </identifiers>
        <balance>659500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="32.59750000"/>
        <valUSD>246825.68000000</valUSD>
        <pctVal>0.007033130250</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>TH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GREAT PORTLAND ESTATES P L C</name>
        <lei>213800JMEDD2Q4N1MC42</lei>
        <title>GREAT PORTLAND ESTATES PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BF5H9P87"/>
          <other otherDesc="Internal" value="BF5H9P8"/>
        </identifiers>
        <balance>2840.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>11932.38000000</valUSD>
        <pctVal>0.000340005070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PALACE CAPITAL PLC</name>
        <lei>2138009JDFQOXJFCJQ05</lei>
        <title>PALACE CAPITAL PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BF5SGF06"/>
          <other otherDesc="Internal" value="BF5SGF0"/>
        </identifiers>
        <balance>47178.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>110906.00000000</valUSD>
        <pctVal>0.003160191206</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Attacq Ltd</name>
        <lei>N/A</lei>
        <title>ATTACQ LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000177218"/>
          <other otherDesc="Internal" value="BFH3QX1"/>
        </identifiers>
        <balance>896987.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.70000000"/>
        <valUSD>893764.29000000</valUSD>
        <pctVal>0.025467206915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEDCO Capital REIT Fund</name>
        <lei>N/A</lei>
        <title>SEDCO CAPITAL REIT FUND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SA14GG523S58"/>
          <other otherDesc="Internal" value="BFMBJ97"/>
        </identifiers>
        <balance>28411.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75050000"/>
        <valUSD>56056.90000000</valUSD>
        <pctVal>0.001597303324</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jadwa REIT Saudi Fund</name>
        <lei>N/A</lei>
        <title>JADWA REIT SAUDI FUND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SA14GG523R59"/>
          <other otherDesc="Internal" value="BFMDCP0"/>
        </identifiers>
        <balance>274980.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75050000"/>
        <valUSD>828495.93000000</valUSD>
        <pctVal>0.023607429289</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>E KOCREF CR-REIT</name>
        <lei>N/A</lei>
        <title>E KOCREF CR REIT CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7088260005"/>
          <other otherDesc="Internal" value="BFMDHV1"/>
        </identifiers>
        <balance>56599.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1483.20000000"/>
        <valUSD>189464.69000000</valUSD>
        <pctVal>0.005398667766</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fideicomiso Irrevocable Numero 17416-3</name>
        <lei>N/A</lei>
        <title>CONCENTRADORA FIBRA DANHOS SA DE CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXCFDA020005"/>
          <other otherDesc="Internal" value="BFN0V08"/>
        </identifiers>
        <balance>643658.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="17.51200000"/>
        <valUSD>1018120.52000000</valUSD>
        <pctVal>0.029010653298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SNB Capital Fund of REITs Fund</name>
        <lei>N/A</lei>
        <title>ALAHLI REIT FUND 1</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SA14E0523P52"/>
          <other otherDesc="Internal" value="BFNNQG8"/>
        </identifiers>
        <balance>5684.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75050000"/>
        <valUSD>9714.56000000</valUSD>
        <pctVal>0.000276809794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AEON REIT Investment Corporation.</name>
        <lei>353800P59F8MJB4FE788</lei>
        <title>AEON REIT INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047650001"/>
          <other otherDesc="Internal" value="BFSSCF9"/>
        </identifiers>
        <balance>2664.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>2133512.01000000</valUSD>
        <pctVal>0.060792976876</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CRE Logistics REIT, Inc.</name>
        <lei>N/A</lei>
        <title>CRE LOGISTICS REIT INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048680007"/>
          <other otherDesc="Internal" value="BFXZ9X2"/>
        </identifiers>
        <balance>989.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>975083.76000000</valUSD>
        <pctVal>0.027784350027</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Derayah REIT Fund</name>
        <lei>N/A</lei>
        <title>DERAYAH REIT</title>
        <cusip>M2723F104</cusip>
        <identifiers>
          <isin value="SA14E0523PL6"/>
          <other otherDesc="Internal" value="BFYN1M8"/>
        </identifiers>
        <balance>13462.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75050000"/>
        <valUSD>19023.76000000</valUSD>
        <pctVal>0.000542069131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alinma Retail REIT Fund</name>
        <lei>N/A</lei>
        <title>ALINMA RETAIL REIT FUND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SA14HG523SL1"/>
          <other otherDesc="Internal" value="BFYRRL1"/>
        </identifiers>
        <balance>48230.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SAR" exchangeRt="3.75050000"/>
        <valUSD>57482.50000000</valUSD>
        <pctVal>0.001637924828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CapitaLand Ascott Trust</name>
        <lei>N/A</lei>
        <title>CAPITALAND ASCOTT TRUST MANAGEMENT LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXC16332337"/>
          <other otherDesc="Internal" value="BG0RZ29"/>
        </identifiers>
        <balance>4781600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.27355000"/>
        <valUSD>3360317.22000000</valUSD>
        <pctVal>0.095749958798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shinhan Alpha REIT Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SHINHAN ALPHA REIT CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7293940003"/>
          <other otherDesc="Internal" value="BG0WBV5"/>
        </identifiers>
        <balance>212772.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1483.20000000"/>
        <valUSD>867900.89000000</valUSD>
        <pctVal>0.024730246883</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOSiLA Logistics REIT, Inc.</name>
        <lei>N/A</lei>
        <title>SOSILA LOGISTICS REIT INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048960003"/>
          <other otherDesc="Internal" value="BG0WNL9"/>
        </identifiers>
        <balance>1162.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>911328.93000000</valUSD>
        <pctVal>0.025967699412</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TRITAX BIG BOX REIT PLC</name>
        <lei>213800L6X88MIYPVR714</lei>
        <title>TRITAX BIG BOX REIT PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BG49KP99"/>
          <other otherDesc="Internal" value="BG49KP9"/>
        </identifiers>
        <balance>5371357.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>11021237.46000000</valUSD>
        <pctVal>0.314042682166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Spring Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>SPRING REAL ESTATE INVESTMENT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000174232"/>
          <other otherDesc="Internal" value="BH0VV86"/>
        </identifiers>
        <balance>3000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83375000"/>
        <valUSD>509.33000000</valUSD>
        <pctVal>0.000014513012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GDI PROPERTY GROUP LIMITED</name>
        <lei>N/A</lei>
        <title>GDI PROPERTY GROUP PARTNERSHIP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000GDI7"/>
          <other otherDesc="Internal" value="BHB0NV9"/>
        </identifiers>
        <balance>614346.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
        <valUSD>267218.34000000</valUSD>
        <pctVal>0.007614205258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Charter Hall Social Infrastructure REIT</name>
        <lei>254900W31UGIMDQW3W98</lei>
        <title>CHARTER HALL SOCIAL INFRASTRUCTURE REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000030645"/>
          <other otherDesc="Internal" value="BHJVMY0"/>
        </identifiers>
        <balance>556198.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
        <valUSD>1039682.22000000</valUSD>
        <pctVal>0.029625039307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ESCON JAPAN REIT Investment Corporation</name>
        <lei>N/A</lei>
        <title>ESCON JAPAN REIT INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048810000"/>
          <other otherDesc="Internal" value="BHPBWR7"/>
        </identifiers>
        <balance>482.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>374945.28000000</valUSD>
        <pctVal>0.010683811307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SANKEI REAL ESTATE Inc.</name>
        <lei>N/A</lei>
        <title>SANKEI REAL ESTATE INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048880003"/>
          <other otherDesc="Internal" value="BHXM4W1"/>
        </identifiers>
        <balance>581.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>461967.39000000</valUSD>
        <pctVal>0.013163447276</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="451385.93000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hulic Reit, Inc.</name>
        <lei>N/A</lei>
        <title>HULIC REIT INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047660000"/>
          <other otherDesc="Internal" value="BJ04C42"/>
        </identifiers>
        <balance>2203.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>2287279.28000000</valUSD>
        <pctVal>0.065174470885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IRISH RESIDENTIAL PROPERTIES REIT PUBLIC LIMITED COMPANY</name>
        <lei>635400EOPACLULRENY18</lei>
        <title>IRISH RESIDENTIAL PROPERTIES REIT PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BJ34P519"/>
          <other otherDesc="Internal" value="BJ34P51"/>
        </identifiers>
        <balance>959491.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85248000"/>
        <valUSD>1206567.13000000</valUSD>
        <pctVal>0.034380311566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OUE Real Estate Investment Trust</name>
        <lei>549300ZH7I6OTTYIPE70</lei>
        <title>OUE REAL ESTATE INVESTMENT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG2G60000004"/>
          <other otherDesc="Internal" value="BJ62K79"/>
        </identifiers>
        <balance>2222800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.27355000"/>
        <valUSD>637055.47000000</valUSD>
        <pctVal>0.018152463297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CUSTODIAN PROPERTY INCOME REIT PLC</name>
        <lei>2138001BOD1J5XK1CX76</lei>
        <title>CUSTODIAN PROPERTY INCOME REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BJFLFT45"/>
          <other otherDesc="Internal" value="BJFLFT4"/>
        </identifiers>
        <balance>437360.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>498026.52000000</valUSD>
        <pctVal>0.014190927715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TARGET HEALTHCARE REIT PLC</name>
        <lei>213800RXPY9WULUSBC04</lei>
        <title>TARGET HEALTHCARE REIT PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BJGTLF51"/>
          <other otherDesc="Internal" value="BJGTLF5"/>
        </identifiers>
        <balance>856091.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>1214478.48000000</valUSD>
        <pctVal>0.034605740115</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMBASSY OFFICE PARKS REIT</name>
        <lei>335800O555A557E43Z08</lei>
        <title>EMBASSY OFFICE PARKS REIT</title>
        <cusip>Y2R9YR104</cusip>
        <identifiers>
          <isin value="INE041025011"/>
          <other otherDesc="Internal" value="BJH4V15"/>
        </identifiers>
        <balance>1465624.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="94.91375000"/>
        <valUSD>6558991.19000000</valUSD>
        <pctVal>0.186894002882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IGIS Value Plus REIT Co., Ltd.</name>
        <lei>N/A</lei>
        <title>IGIS VALUE PLUS REIT CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7334890001"/>
          <other otherDesc="Internal" value="BJJRP98"/>
        </identifiers>
        <balance>124275.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1483.20000000"/>
        <valUSD>350654.58000000</valUSD>
        <pctVal>0.009991664295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Prime US REIT</name>
        <lei>254900WC4WIZFTLHDZ97</lei>
        <title>PRIME US REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXC75818630"/>
          <other otherDesc="Internal" value="BJK0400"/>
        </identifiers>
        <balance>1444100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>264270.30000000</valUSD>
        <pctVal>0.007530202858</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HMC CAPITAL LIMITED</name>
        <lei>9845005E59E4DCFA1C33</lei>
        <title>HMC CAPITAL LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000058943"/>
          <other otherDesc="Internal" value="BJRBL61"/>
        </identifiers>
        <balance>200143.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
        <valUSD>358292.40000000</valUSD>
        <pctVal>0.010209298792</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="19014.66000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>China Merchants Commercial Real Estate Investment Trust</name>
        <lei>254900KMSLFSWLIJ5379</lei>
        <title>CHINA MERCHANTS COMMERCIAL REAL ESTATE INVESTMENT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000552189"/>
          <other otherDesc="Internal" value="BK4XZ54"/>
        </identifiers>
        <balance>12000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.83375000"/>
        <valUSD>1715.65000000</valUSD>
        <pctVal>0.000048886282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Acrophyte Hospitality Trust</name>
        <lei>N/A</lei>
        <title>ARA US HOSPITALITY TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXC80011726"/>
          <other otherDesc="Internal" value="BK5BKV8"/>
        </identifiers>
        <balance>44700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11175.00000000</valUSD>
        <pctVal>0.000318424041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WAREHOUSES DE PAUW NV</name>
        <lei>549300HWDYC5JXC85138</lei>
        <title>WAREHOUSES DE PAUW CVA</title>
        <cusip>N/A</cusip>
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          <isin value="BE0974349814"/>
          <other otherDesc="Internal" value="BK8VQD9"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Lendlease Global Commercial REIT</name>
        <lei>2549002B9UHG224VCA80</lei>
        <title>LENDLEASE GLOBAL COMMERCIAL REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXC61949712"/>
          <other otherDesc="Internal" value="BKBPXB5"/>
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        <balance>4491370.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LOTTE REIT Co., Ltd.</name>
        <lei>N/A</lei>
        <title>LOTTE REIT CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7330590001"/>
          <other otherDesc="Internal" value="BKTPM65"/>
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        <balance>332741.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Centuria Office REIT</name>
        <lei>984500D9D1RFE9AF4796</lei>
        <title>CENTURIA OFFICE REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000077893"/>
          <other otherDesc="Internal" value="BKTW448"/>
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        <balance>638770.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CARE PROPERTY INVEST NV</name>
        <lei>54930096UUTCOUCQDU64</lei>
        <title>CARE PROPERTY INVEST NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974273055"/>
          <other otherDesc="Internal" value="BKXNCS7"/>
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        <balance>58126.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85248000"/>
        <valUSD>882308.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SF Real Estate Investment Trust</name>
        <lei>213800UGJNP2A1O21932</lei>
        <title>SF REAL ESTATE INVESTMENT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HK0000735800"/>
          <other otherDesc="Internal" value="BL9YN66"/>
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        <balance>573000.00000000</balance>
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        <currencyConditional curCd="HKD" exchangeRt="7.83375000"/>
        <valUSD>188714.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>RF</issuerCat>
        <invCountry>HK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WAYPOINT REIT LIMITED</name>
        <lei>5493003CS5K82RREKA54</lei>
        <title>WAYPOINT REIT LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000088064"/>
          <other otherDesc="Internal" value="BLBQ285"/>
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        <balance>1333507.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
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        <pctVal>0.067475858632</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NIPPON REIT Investment Corporation</name>
        <lei>3538004O49OJ90PEXX85</lei>
        <title>NIPPON REIT INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047750009"/>
          <other otherDesc="Internal" value="BLC7414"/>
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        <balance>3196.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
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        <pctVal>0.052012205552</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IGIS RESIDENCE REIT Co., Ltd.</name>
        <lei>N/A</lei>
        <title>IGIS RESIDENCE REIT CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7350520003"/>
          <other otherDesc="Internal" value="BLD9RZ4"/>
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        <balance>46590.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1483.20000000"/>
        <valUSD>123134.30000000</valUSD>
        <pctVal>0.003508628316</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RL Commercial REIT Inc</name>
        <lei>N/A</lei>
        <title>RL COMMERCIAL REIT INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PHY7319E1039"/>
          <other otherDesc="Internal" value="BLFMKR4"/>
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        <balance>2087600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="61.47500000"/>
        <valUSD>234653.37000000</valUSD>
        <pctVal>0.006686288537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United Hampshire US REIT</name>
        <lei>N/A</lei>
        <title>UNITED HAMPSHIRE US REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXC39411175"/>
          <other otherDesc="Internal" value="BLH0VB7"/>
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        <balance>151644.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>80371.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MREIT Inc</name>
        <lei>N/A</lei>
        <title>MREIT INC</title>
        <cusip>Y6143N107</cusip>
        <identifiers>
          <isin value="PHY6143N1073"/>
          <other otherDesc="Internal" value="BLH17T0"/>
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        <balance>1570700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="PHP" exchangeRt="61.47500000"/>
        <valUSD>360258.15000000</valUSD>
        <pctVal>0.010265311505</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SCENTRE GROUP</name>
        <lei>N/A</lei>
        <title>SCENTRE GROUP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000SCG8"/>
          <other otherDesc="Internal" value="BLZH0Z7"/>
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        <balance>9467892.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
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        <pctVal>0.719587103617</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BROOKFIELD INDIA REAL ESTATE TRUST</name>
        <lei>335800MCXUOZ6TVFEQ25</lei>
        <title>BROOKFIELD INDIA REAL ESTATE TRUST</title>
        <cusip>Y0974Z107</cusip>
        <identifiers>
          <isin value="INE0FDU25010"/>
          <other otherDesc="Internal" value="BM98T78"/>
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        <balance>589670.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="94.91375000"/>
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        <pctVal>0.057696468483</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RAM Essential Services Property Fund</name>
        <lei>N/A</lei>
        <title>RAM ESSENTIAL SERVICES PROPERTY FUND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000180317"/>
          <other otherDesc="Internal" value="BMCFQX1"/>
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        <balance>347946.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KORAMCO LIFE INFRA REIT Co Ltd</name>
        <lei>N/A</lei>
        <title>KORAMCO LIFE INFRA REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7357120005"/>
          <other otherDesc="Internal" value="BMD7TC6"/>
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        <balance>104093.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mindspace Business Parks REIT</name>
        <lei>335800KNDFQZVN5X6W64</lei>
        <title>MINDSPACE BUSINESS PARKS REIT</title>
        <cusip>Y60386102</cusip>
        <identifiers>
          <isin value="INE0CCU25019"/>
          <other otherDesc="Internal" value="BMF5XN7"/>
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        <balance>395340.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hamborner REIT AG</name>
        <lei>529900EJTD8IR1GN0P96</lei>
        <title>HAMBORNER REIT AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A3H2333"/>
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        <balance>126096.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Shinhan Seobu T&amp;D REIT Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SHINHAN SEOBU T D REIT CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7404990004"/>
          <other otherDesc="Internal" value="BMHYQX3"/>
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        <balance>44357.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>REDEFINE PROPERTIES LIMITED</name>
        <lei>37890061EC026A7DA532</lei>
        <title>REDEFINE PROPERTIES LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000190252"/>
          <other otherDesc="Internal" value="BMP3858"/>
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        <balance>11472973.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>AREIT, INC</name>
        <lei>N/A</lei>
        <title>AREIT INC</title>
        <cusip>Y1001D101</cusip>
        <identifiers>
          <isin value="PHY1001D1010"/>
          <other otherDesc="Internal" value="BMW2NN1"/>
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        <balance>1967800.00000000</balance>
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        <currencyConditional curCd="PHP" exchangeRt="61.47500000"/>
        <valUSD>1264385.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JR GLOBAL REIT</name>
        <lei>N/A</lei>
        <title>JR GLOBAL REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7348950007"/>
          <other otherDesc="Internal" value="BMXTQP4"/>
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        <balance>405032.00000000</balance>
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        <valUSD>322780.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SK REIT Co., Ltd.</name>
        <lei>N/A</lei>
        <title>SK REITS CO LTD</title>
        <cusip>N/A</cusip>
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          <isin value="KR7395400005"/>
          <other otherDesc="Internal" value="BMYH2M6"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Eurocommercial Properties N.V.</name>
        <lei>724500SFK53FPNM68L95</lei>
        <title>EUROCOMMERCIAL PROPERTIES NV</title>
        <cusip>N/A</cusip>
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          <isin value="NL0015000K93"/>
          <other otherDesc="Internal" value="BMZ4R21"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Adra Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>9845006968B7F1AJXB44</lei>
        <title>ADRA GAYRIMENKUL YATIRIM ORTAKLIGI AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREADRA00023"/>
          <other otherDesc="Internal" value="BN4NH93"/>
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        <balance>75634.00000000</balance>
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        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MiraeAsset Maps REIT 1 Co Ltd</name>
        <lei>N/A</lei>
        <title>MIRAEASSET MAPS REIT1 CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7357250000"/>
          <other otherDesc="Internal" value="BN4PDS0"/>
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        <balance>12770.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fideicomiso Irrevocable 1721 Banco Actinver, S. A., Institucion de Banca Multiple, Grupo Financiero Actinver, Division Fiduciaria</name>
        <lei>549300JMTSVQ6LKX5222</lei>
        <title>PROLOGIS PROPERTY MEXICO SA DE CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXCFFI170008"/>
          <other otherDesc="Internal" value="BN56JP1"/>
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        <balance>1768662.00000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="17.51200000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EQUITES PROPERTY FUND LIMITED</name>
        <lei>378900F47D60FBC7C419</lei>
        <title>EQUITES PROPERTY FUND LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000188843"/>
          <other otherDesc="Internal" value="BN898F0"/>
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        <balance>1555407.00000000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="16.70000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hyprop Investments Limited</name>
        <lei>3789003E3E1AD1E96166</lei>
        <title>HYPROP INVESTMENTS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000190724"/>
          <other otherDesc="Internal" value="BN8SXL8"/>
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        <balance>756759.00000000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="16.70000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HOME INVEST BELGIUM SA</name>
        <lei>54930090SCENRBKUJO67</lei>
        <title>HOME INVEST BELGIUM SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974409410"/>
          <other otherDesc="Internal" value="BN91HC5"/>
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        <balance>12551.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OCTODEC INVESTMENTS LIMITED</name>
        <lei>3789I36JI0BKTUSZ8813</lei>
        <title>OCTODEC INVESTMENTS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000192258"/>
          <other otherDesc="Internal" value="BNB6YS3"/>
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        <balance>10792.00000000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="16.70000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HomeCo Daily Needs REIT</name>
        <lei>N/A</lei>
        <title>HOMECO DAILY NEEDS REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000113136"/>
          <other otherDesc="Internal" value="BNC0NF4"/>
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        <balance>3109335.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MERLIN Properties SOCIMI, S.A.</name>
        <lei>959800L8KD863DP30X04</lei>
        <title>MERLIN PROPERTIES SOCIMI SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0105025003"/>
          <other otherDesc="Internal" value="BNGNB77"/>
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        <balance>731728.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85248000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HEALTHCO HEALTHCARE AND WELLNESS REIT</name>
        <lei>N/A</lei>
        <title>HEALTHCO REIT</title>
        <cusip>Q4R10W102</cusip>
        <identifiers>
          <isin value="AU0000169302"/>
          <other otherDesc="Internal" value="BNHNN03"/>
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        <balance>579195.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ESR Kendall Square REIT Co., Ltd.</name>
        <lei>N/A</lei>
        <title>ESR KENDALL SQUARE REIT CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7365550003"/>
          <other otherDesc="Internal" value="BNNGHG0"/>
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        <balance>369146.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tokaido REIT,Inc.</name>
        <lei>N/A</lei>
        <title>TOKAIDO REIT INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3049110004"/>
          <other otherDesc="Internal" value="BNNR0Z3"/>
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        <balance>312.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>D&amp;D platform REIT Co.,Ltd.</name>
        <lei>N/A</lei>
        <title>D D PLATFORM REIT CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7377190004"/>
          <other otherDesc="Internal" value="BNNWWN0"/>
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        <balance>110153.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Nexus Select Trust</name>
        <lei>3358005ZHLYHK1WZGL78</lei>
        <title>NEXUS SELECT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE0NDH25011"/>
          <other otherDesc="Internal" value="BNTCJ88"/>
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        <balance>985756.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DIGITAL CORE REIT</name>
        <lei>549300IIGO612K0POE26</lei>
        <title>DIGITAL CORE REIT MANAGEMENT PTE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXC50067435"/>
          <other otherDesc="Internal" value="BNYGMH5"/>
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        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NH All-One REIT Co., Ltd.</name>
        <lei>N/A</lei>
        <title>NH ALL ONE REIT CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7400760005"/>
          <other otherDesc="Internal" value="BP0PKQ5"/>
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        <balance>85450.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>KR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dexus Industria REIT</name>
        <lei>N/A</lei>
        <title>DEXUS INDUSTRIA REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000192833"/>
          <other otherDesc="Internal" value="BP2RQ94"/>
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        <balance>385833.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mirae Asset Global REIT Co Ltd</name>
        <lei>N/A</lei>
        <title>MIRAE ASSET GLOBAL REIT CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7396690000"/>
          <other otherDesc="Internal" value="BP4BVZ5"/>
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        <balance>39953.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Daiwa House Logistics Trust</name>
        <lei>N/A</lei>
        <title>DAIWA HOUSE LOGISTICS TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXC62140063"/>
          <other otherDesc="Internal" value="BP4C062"/>
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        <balance>744100.00000000</balance>
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        <issuerCat>RF</issuerCat>
        <invCountry>PK</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Asce Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000OZVH03NPTZZG78</lei>
        <title>ASCE GAYRIMENKUL YATIRIM ORTAKLIGI AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREASCE00033"/>
          <other otherDesc="Internal" value="BP83MX2"/>
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        <balance>150436.00000000</balance>
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        <valUSD>41483.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REGION RE LIMITED</name>
        <lei>549300MS6NZV0B7K7D28</lei>
        <title>REGION GROUP</title>
        <cusip>Q8501T105</cusip>
        <identifiers>
          <isin value="AU0000253502"/>
          <other otherDesc="Internal" value="BPBMY63"/>
        </identifiers>
        <balance>2292537.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
        <valUSD>3807379.63000000</valUSD>
        <pctVal>0.108488698784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dexus Convenience Retail REIT</name>
        <lei>N/A</lei>
        <title>DEXUS CONVENIENCE RETAIL REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000179061"/>
          <other otherDesc="Internal" value="BPG8J16"/>
        </identifiers>
        <balance>136480.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
        <valUSD>273760.68000000</valUSD>
        <pctVal>0.007800624796</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="271905.63999999"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FAIRVEST LIMITED</name>
        <lei>378900E93AFC4D1CAD45</lei>
        <title>FAIRVEST LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000304796"/>
          <other otherDesc="Internal" value="BPKBQZ4"/>
        </identifiers>
        <balance>2892970.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.70000000"/>
        <valUSD>1164117.27000000</valUSD>
        <pctVal>0.033170731612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Koramco The One REIT</name>
        <lei>N/A</lei>
        <title>KORAMCO THE ONE REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7417310000"/>
          <other otherDesc="Internal" value="BPSJB99"/>
        </identifiers>
        <balance>41329.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1483.20000000"/>
        <valUSD>289514.77000000</valUSD>
        <pctVal>0.008249526900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IREIT GLOBAL</name>
        <lei>N/A</lei>
        <title>IREIT GLOBAL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1AB8000006"/>
          <other otherDesc="Internal" value="BPYCTY3"/>
        </identifiers>
        <balance>179300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.27355000"/>
        <valUSD>33085.08000000</valUSD>
        <pctVal>0.000942736902</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KB STAR REIT Co., Ltd.</name>
        <lei>N/A</lei>
        <title>KB STAR REAL ESTATE INVESTMENT TRUST INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7432320000"/>
          <other otherDesc="Internal" value="BQ0GW58"/>
        </identifiers>
        <balance>55045.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1483.20000000"/>
        <valUSD>80348.18000000</valUSD>
        <pctVal>0.002289466863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fuzul Gayrimenkul Yatirim Ortakligi AS</name>
        <lei>789000QJTEWFRG2N2R74</lei>
        <title>FUZUL GAYRIMENKUL YATIRIM ORTAKLIGI AS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TREFUZL00026"/>
          <other otherDesc="Internal" value="BQQ8L39"/>
        </identifiers>
        <balance>932947.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TRY" exchangeRt="45.18475000"/>
        <valUSD>305374.85000000</valUSD>
        <pctVal>0.008701449116</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Abacus Group</name>
        <lei>N/A</lei>
        <title>ABACUS GROUP</title>
        <cusip>Q0015N229</cusip>
        <identifiers>
          <isin value="AU0000291882"/>
          <other otherDesc="Internal" value="BQV4PB8"/>
        </identifiers>
        <balance>642896.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
        <valUSD>471453.37000000</valUSD>
        <pctVal>0.013433743839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Abacus Storage King</name>
        <lei>N/A</lei>
        <title>ABACUS STORAGE KING</title>
        <cusip>Q0R11R100</cusip>
        <identifiers>
          <isin value="AU0000286213"/>
          <other otherDesc="Internal" value="BQYLGZ7"/>
        </identifiers>
        <balance>706536.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
        <valUSD>721307.57000000</valUSD>
        <pctVal>0.020553169711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="91600.99000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>SHURGARD SELF STORAGE LIMITED</name>
        <lei>549300J0UEIKU81XO336</lei>
        <title>SHURGARD SELF STO</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GG00BQZCBZ44"/>
          <other otherDesc="Internal" value="BQZCBZ4"/>
        </identifiers>
        <balance>66699.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85248000"/>
        <valUSD>2049917.65000000</valUSD>
        <pctVal>0.058411012317</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IMPACT Growth Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>IMPACT GROWTH REAL ESTATE INVESTMENT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH5882010009"/>
          <other otherDesc="Internal" value="BRCFG03"/>
        </identifiers>
        <balance>880300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="32.59750000"/>
        <valUSD>313259.61000000</valUSD>
        <pctVal>0.008926120002</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>TH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HAMMERSON PLC</name>
        <lei>213800G1C9KKVVDN1A60</lei>
        <title>HAMMERSON PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BRJQ8J25"/>
          <other otherDesc="Internal" value="BRJQ8J2"/>
        </identifiers>
        <balance>794021.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>3551903.92000000</valUSD>
        <pctVal>0.101209091799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LDR Capital Property Fund I</name>
        <lei>984500C942E9676B7474</lei>
        <title>LDR CAPITAL PROPERTY FUND</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU0000455305"/>
          <other otherDesc="Internal" value="BS6XM91"/>
        </identifiers>
        <balance>194118.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
        <valUSD>71176.04000000</valUSD>
        <pctVal>0.002028112958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="70693.79000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Tosei Reit Investment Corporation</name>
        <lei>N/A</lei>
        <title>TOSEI REIT INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047830009"/>
          <other otherDesc="Internal" value="BSKPSK6"/>
        </identifiers>
        <balance>494.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>432196.80000000</valUSD>
        <pctVal>0.012315154517</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sekisui House Reit, Inc.</name>
        <lei>N/A</lei>
        <title>SEKISUI HOUSE REIT INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047820000"/>
          <other otherDesc="Internal" value="BSKRKL7"/>
        </identifiers>
        <balance>8427.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>4570977.31000000</valUSD>
        <pctVal>0.130246896481</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Regional REIT Limited</name>
        <lei>549300D8G4NKLRIKBX73</lei>
        <title>REGIONAL REIT LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GG00BSY2LD72"/>
          <other otherDesc="Internal" value="BSY2LD7"/>
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        <balance>25673.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>30245.80000000</valUSD>
        <pctVal>0.000861833545</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>GG</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Keppel DC REIT</name>
        <lei>254900L7YDIFLO15BD60</lei>
        <title>KEPPEL DC REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1AF6000009"/>
          <other otherDesc="Internal" value="BT9Q186"/>
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        <balance>3644543.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.27355000"/>
        <valUSD>6725041.07000000</valUSD>
        <pctVal>0.191625481527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KIWI PROPERTY GROUP LIMITED</name>
        <lei>N/A</lei>
        <title>KIWI PROPERTY GROUP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZKPGE0001S9"/>
          <other otherDesc="Internal" value="BTDY2M7"/>
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        <balance>2888223.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.69851000"/>
        <valUSD>1555907.27000000</valUSD>
        <pctVal>0.044334521785</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fideicomiso Irrevocable No. F/2157</name>
        <lei>254900YCRXHEDFPM7869</lei>
        <title>FIBRA MTY SAPI DE CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXCFFM010000"/>
          <other otherDesc="Internal" value="BTFRPD6"/>
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        <balance>1515119.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="17.51200000"/>
        <valUSD>1302974.65000000</valUSD>
        <pctVal>0.037127378424</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="680086.57999999"/>
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      </invstOrSec>
      <invstOrSec>
        <name>WHA PREMIUM GROWTH FREEHOLD AND LEASEHOLD REAL ESTATE INVESTMENT TRUST</name>
        <lei>N/A</lei>
        <title>WHA PREMIUM GROWTH FREEHOLD LEASEHOLD REAL ESTAT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH6141010004"/>
          <other otherDesc="Internal" value="BTKFJF5"/>
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        <balance>3607500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="32.59750000"/>
        <valUSD>1206281.16000000</valUSD>
        <pctVal>0.034372163045</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>TH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="16365.65000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>VUKILE PROPERTY FUND LIMITED</name>
        <lei>549300BDQAETROOTKO37</lei>
        <title>VUKILE PROPERTY FUND LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000180865"/>
          <other otherDesc="Internal" value="BTLK2B6"/>
        </identifiers>
        <balance>2464847.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.70000000"/>
        <valUSD>3521631.70000000</valUSD>
        <pctVal>0.100346505434</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FRASERS PROPERTY THAILAND INDUSTRIAL FREEHOLD &amp; LEASEHOLD REIT</name>
        <lei>N/A</lei>
        <title>FRASERS PROPERTY THAILAND INDUSTRIAL FREEHOLD LE</title>
        <cusip>Y8812J110</cusip>
        <identifiers>
          <isin value="TH6172010006"/>
          <other otherDesc="Internal" value="BV9DDK7"/>
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        <balance>3128900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="32.59750000"/>
        <valUSD>1151830.66000000</valUSD>
        <pctVal>0.032820632998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>TH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ESR-REIT</name>
        <lei>5493008PFX3JN1RMMD48</lei>
        <title>ESR REIT NPV REIT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SGXC55341835"/>
          <other otherDesc="Internal" value="BVDJZ16"/>
        </identifiers>
        <balance>1125379.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.27355000"/>
        <valUSD>2138445.43000000</valUSD>
        <pctVal>0.060933551331</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Healthcare &amp; Medical Investment Corporation</name>
        <lei>N/A</lei>
        <title>HEALTH CARE MEDICAL INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047910009"/>
          <other otherDesc="Internal" value="BVVFD01"/>
        </identifiers>
        <balance>597.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>439640.09000000</valUSD>
        <pctVal>0.012527246015</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KB STAR REAL ESTATE INVESTMENT RTS</name>
        <lei>N/A</lei>
        <title>KB STAR REAL ESTATE INVESTMENT RTS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KRA4323201G5"/>
          <other otherDesc="Internal" value="BWFCYT1"/>
        </identifiers>
        <balance>20211.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1483.20000000"/>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="RIGHTS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMIRA PROPERTY FUND LIMITED</name>
        <lei>N/A</lei>
        <title>EMIRA PROPERTY FUND LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000203063"/>
          <other otherDesc="Internal" value="BWV0563"/>
        </identifiers>
        <balance>58831.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.70000000"/>
        <valUSD>50023.96000000</valUSD>
        <pctVal>0.001425398792</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vicinity Centres</name>
        <lei>N/A</lei>
        <title>VICINITY LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000VCX7"/>
          <other otherDesc="Internal" value="BY7QXS7"/>
        </identifiers>
        <balance>7410924.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
        <valUSD>13373464.50000000</valUSD>
        <pctVal>0.381067795398</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GARDA DIVERSIFIED PROPERTY FUND</name>
        <lei>254900W7SIBKMI7V1B79</lei>
        <title>GARDA PROPERTY GROUP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000GDF3"/>
          <other otherDesc="Internal" value="BYP9CB4"/>
        </identifiers>
        <balance>632.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.39092000"/>
        <valUSD>477.09000000</valUSD>
        <pctVal>0.000013594355</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Konsum Real Estate AG</name>
        <lei>529900QXC6TDASMCSU89</lei>
        <title>DEUTSCHE KONSUM REIT AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A14KRD3"/>
          <other otherDesc="Internal" value="BYPHNC6"/>
        </identifiers>
        <balance>474.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85248000"/>
        <valUSD>834.04000000</valUSD>
        <pctVal>0.000023765403</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STOR-AGE PROPERTY REIT LIMITED</name>
        <lei>378900F5910D22484890</lei>
        <title>STOR AGE PROPERTY REIT LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000208963"/>
          <other otherDesc="Internal" value="BYPJX22"/>
        </identifiers>
        <balance>830964.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.70000000"/>
        <valUSD>861814.16000000</valUSD>
        <pctVal>0.024556809643</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ichigo Hotel REIT Investment Corporation</name>
        <lei>N/A</lei>
        <title>ICHIGO HOTEL REIT INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048160000"/>
          <other otherDesc="Internal" value="BYQL3F0"/>
        </identifiers>
        <balance>365.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>261105.26000000</valUSD>
        <pctVal>0.007440017191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PRIMARY HEALTH PROPERTIES PLC</name>
        <lei>213800Y5CJHXOATK7X11</lei>
        <title>PRIMARY HEALTH PROPERTIES PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYRJ5J14"/>
          <other otherDesc="Internal" value="BYRJ5J1"/>
        </identifiers>
        <balance>5605395.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>7114141.39000000</valUSD>
        <pctVal>0.202712631094</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Samty Residential Investment Corporation</name>
        <lei>N/A</lei>
        <title>SAMTY RESIDENTIAL INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3047960004"/>
          <other otherDesc="Internal" value="BYRVCJ6"/>
        </identifiers>
        <balance>566.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>375635.75000000</valUSD>
        <pctVal>0.010703485781</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nomura Real Estate Master Fund, Inc.</name>
        <lei>353800TNNZOQ1CPZE086</lei>
        <title>NOMURA REAL ESTATE MASTER FUND INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048110005"/>
          <other otherDesc="Internal" value="BYSJJF4"/>
        </identifiers>
        <balance>7033.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>7243713.98000000</valUSD>
        <pctVal>0.206404714115</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RESIDENTIAL SECURE INCOME PLC</name>
        <lei>213800D24WA531LAR763</lei>
        <title>RESIDENTIAL SECURE INCOME PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYSX1508"/>
          <other otherDesc="Internal" value="BYSX150"/>
        </identifiers>
        <balance>44562.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>31971.87000000</valUSD>
        <pctVal>0.000911016738</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MANULIFE US REAL ESTATE INVESTMENT TRUST</name>
        <lei>254900OMIOIPNIC1T502</lei>
        <title>MANULIFE US REAL ESTATE INVESTMENT TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1CI1000004"/>
          <other otherDesc="Internal" value="BYV9SY3"/>
        </identifiers>
        <balance>2172300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>119476.50000000</valUSD>
        <pctVal>0.003404401788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LAND SECURITIES GROUP PLC</name>
        <lei>213800V8IAVKS37D6B88</lei>
        <title>LAND SECURITIES GROUP PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYW0PQ60"/>
          <other otherDesc="Internal" value="BYW0PQ6"/>
        </identifiers>
        <balance>1586671.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73592000"/>
        <valUSD>12742180.69000000</valUSD>
        <pctVal>0.363079791635</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nippon Hotel &amp; Residential Investment Corporation</name>
        <lei>N/A</lei>
        <title>NIPPON HOTEL RESIDENTIAL INV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048310001"/>
          <other otherDesc="Internal" value="BYY57L8"/>
        </identifiers>
        <balance>439.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>198342.11000000</valUSD>
        <pctVal>0.005651623825</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FRASERS LOGISTICS &amp; COMMERCIAL TRUST</name>
        <lei>25490039A7FZFHHURL81</lei>
        <title>FRASERS LOGISTICS COMMERCIAL TRUST</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SG1CI9000006"/>
          <other otherDesc="Internal" value="BYYFHZ2"/>
        </identifiers>
        <balance>5281700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SGD" exchangeRt="1.27355000"/>
        <valUSD>3981337.21000000</valUSD>
        <pctVal>0.113445501975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Star Asia Investment Corporation</name>
        <lei>N/A</lei>
        <title>STAR ASIA INVESTMENT CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048200004"/>
          <other otherDesc="Internal" value="BYYJ8J5"/>
        </identifiers>
        <balance>4763.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>1708181.62000000</valUSD>
        <pctVal>0.048673476051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KIP Real Estate Investment Trust</name>
        <lei>N/A</lei>
        <title>KIP REIT</title>
        <cusip>Y4804N102</cusip>
        <identifiers>
          <isin value="MYL5280TO001"/>
          <other otherDesc="Internal" value="BYZLX84"/>
        </identifiers>
        <balance>973800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MYR" exchangeRt="3.97150000"/>
        <valUSD>210869.44000000</valUSD>
        <pctVal>0.006008581592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>RF</issuerCat>
        <invCountry>MY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Marimo Regional Revitalization REIT, Inc.</name>
        <lei>N/A</lei>
        <title>MARIMO REGIONAL REVITALIZATION REIT INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048290005"/>
          <other otherDesc="Internal" value="BYZWTV2"/>
        </identifiers>
        <balance>362.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>254108.04000000</valUSD>
        <pctVal>0.007240636156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mitsui Fudosan Logistics Park Inc.</name>
        <lei>353800DN63EIYS760S59</lei>
        <title>MITSUI FUDOSAN LOGISTICS PARK INC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048300002"/>
          <other otherDesc="Internal" value="BYZWTW3"/>
        </identifiers>
        <balance>6675.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>4770747.58000000</valUSD>
        <pctVal>0.135939214757</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MIRARTH Real Estate Investment Corporation</name>
        <lei>353800B55299YP0HS329</lei>
        <title>MIRARTH REAL ESTATE INVESTMENT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048750008"/>
          <other otherDesc="Internal" value="BZ16GD6"/>
        </identifiers>
        <balance>1864.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>1044377.65000000</valUSD>
        <pctVal>0.029758832398</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MIRAI Corporation</name>
        <lei>353800HQCYM7P10R9D93</lei>
        <title>MIRAI CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3048370005"/>
          <other otherDesc="Internal" value="BZ1B0D9"/>
        </identifiers>
        <balance>3248.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.70500000"/>
        <valUSD>952398.46000000</valUSD>
        <pctVal>0.027137947798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SA Corporate Real Estate Ltd</name>
        <lei>N/A</lei>
        <title>SA CORPORATE REAL ESTATE LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000203238"/>
          <other otherDesc="Internal" value="BZ1C8N8"/>
        </identifiers>
        <balance>4119249.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.70000000"/>
        <valUSD>813983.34000000</valUSD>
        <pctVal>0.023193902886</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RESILIENT REIT LIMITED</name>
        <lei>378900F37FF47D486C58</lei>
        <title>RESILIENT REIT LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000209557"/>
          <other otherDesc="Internal" value="BZ1MVY0"/>
        </identifiers>
        <balance>486154.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.70000000"/>
        <valUSD>2399330.10000000</valUSD>
        <pctVal>0.068367282960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>XIOR STUDENT HOUSING NV</name>
        <lei>549300JK7HFOCP0U8K85</lei>
        <title>XIOR STUDENT HOUSING NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BE0974288202"/>
          <other otherDesc="Internal" value="BZ1NNF8"/>
        </identifiers>
        <balance>64018.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85248000"/>
        <valUSD>2072654.84000000</valUSD>
        <pctVal>0.059058893116</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NSI N.V.</name>
        <lei>724500I77C30W2LZZJ03</lei>
        <title>NSI NV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NL0012365084"/>
          <other otherDesc="Internal" value="BZBY737"/>
        </identifiers>
        <balance>26684.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85248000"/>
        <valUSD>531501.41000000</valUSD>
        <pctVal>0.015144771989</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DIMENSIONAL FUND ADVISORS LP</name>
        <lei>N/A</lei>
        <title>The DFA Short Term Investment Fund</title>
        <cusip>23320U405</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="23320U405"/>
        </identifiers>
        <balance>60471926.61000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>60471926.61000000</valUSD>
        <pctVal>1.723106511162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="Client Self-Managed Investment" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="60471926.61000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly total returns reported under item B.5.a do not include any sales or redemption charges, as applicable." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-06-01</ncom:dateSigned>
      <ncom:nameOfApplicant>Dimensional ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Randy Olson</ncom:signature>
      <ncom:signerName>Randy Olson</ncom:signerName>
      <ncom:title>Chief Compliance Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
