The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AGREE RLTY CORP COM 008492100 7,823,942 103,300 SH SOLE 103,300 0 0
AMERICAN HOMES 4 RENT CL A 02665T306 3,871,560 115,500 SH SOLE 115,500 0 0
BURLINGTON STORES INC COM 122017106 1,799,424 5,680 SH SOLE 5,680 0 0
CBRE GROUP INC CL A 12504L109 10,734,793 79,700 SH SOLE 79,700 0 0
CENTURY COMMUNITIES INC COM 156504300 816,852 11,399 SH SOLE 11,399 0 0
DOMINOS PIZZA INC COM 25754A201 2,315,033 7,820 SH SOLE 7,820 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 5,790,761 85,246 SH SOLE 85,246 0 0
ESSEX PPTY TR INC COM 297178105 3,761,511 12,900 SH SOLE 12,900 0 0
FEDERAL RLTY INVT TR NEW SH BEN INT NEW 313745101 9,288,366 75,246 SH SOLE 75,246 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203 6,186,211 18,720 SH SOLE 18,720 0 0
HOME DEPOT INC COM 437076102 2,567,510 7,280 SH SOLE 7,280 0 0
JAMES HARDIE INDS PLC ORD SHS G4253H101 4,120,208 157,380 SH SOLE 157,380 0 0
KIMCO REALTY CORP COM 49446R109 6,157,845 242,913 SH SOLE 242,913 0 0
LOUISIANA PAC CORP COM 546347105 4,774,662 60,700 SH SOLE 60,700 0 0
LOWES COS INC COM 548661107 4,233,408 19,200 SH SOLE 19,200 0 0
MCDONALDS CORP COM 580135101 1,924,607 7,120 SH SOLE 7,120 0 0
PERFORMANCE FOOD GROUP CO COM 71377A103 1,423,981 12,738 SH SOLE 12,738 0 0
PROLOGIS INC. COM 74340W103 16,500,246 121,800 SH SOLE 121,800 0 0
PUBLIC STORAGE COM 74460D109 4,046,993 12,714 SH SOLE 12,714 0 0
ROSS STORES INC COM 778296103 1,447,380 6,800 SH SOLE 6,800 0 0
SUN CMNTYS INC COM 866674104 4,640,517 38,700 SH SOLE 38,700 0 0
SYSCO CORP COM 871829107 6,761,622 80,900 SH SOLE 80,900 0 0
TERRENO RLTY CORP COM 88146M101 5,828,005 89,980 SH SOLE 89,980 0 0
TJX COS INC NEW COM 872540109 1,272,600 8,400 SH SOLE 8,400 0 0