| JLP Asset Management, LLC | 40,600 | $7,048,160 | 7.80% |
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| GRS Advisors, LLC | 166,082 | $28,831,836 | 5.13% |
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| Uniplan Investment Counsel, Inc. | 300,415 | $52,152 | 3.79% |
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| HGI Capital Management, LLC | 35,328 | $6,132,941 | 2.95% |
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| OSTERWEIS CAPITAL MANAGEMENT INC | 203,367 | $35,304,462 | 2.34% |
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| AEW CAPITAL MANAGEMENT L P | 302,634 | $52,537,262 | 2.02% |
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| MAGNOLIA CAPITAL ADVISORS LLC | 20,427 | $3,546,093 | 1.78% |
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| PALISADE CAPITAL MANAGEMENT, LP | 270,603 | $46,976,681 | 1.25% |
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| Ausbil Investment Management Ltd | 11,557 | $2,006,295 | 1.24% |
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| HEITMAN REAL ESTATE SECURITIES LLC | 124,945 | $21,690,452 | 1.19% |
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| Mitsubishi UFJ Asset Management (UK) Ltd. | 10,000 | $1,736 | 1.12% |
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| Zimmer Partners, LP | 236,105 | $40,987,828 | 0.97% |
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| Westover Capital Advisors, LLC | 16,005 | $2,778,481 | 0.96% |
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| Adelante Capital Management LLC | 62,550 | $10,859 | 0.96% |
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| SCOUT INVESTMENTS, INC. | 206,832 | $38,191,528 | 0.78% |
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| CHILTON CAPITAL MANAGEMENT LLC | 74,048 | $12,932,087 | 0.71% |
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| RMB Capital Management, LLC | 119,024 | $20,662,488 | 0.68% |
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| KENNEDY CAPITAL MANAGEMENT LLC | 166,012 | $28,819,705 | 0.67% |
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| Greenland Capital Management LP | 33,000 | $5,728,800 | 0.63% |
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| TRUSTMARK NATIONAL BANK TRUST DEPARTMENT | 38,083 | $6,611,209 | 0.61% |
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