| Divco West Real Estate Services, LLC | 1,020,991 | $32,273,527 | 34.13% |
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| Senvest Management, LLC | 2,961,076 | $93,599,612 | 3.63% |
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| RUSH ISLAND MANAGEMENT, LP | 1,125,338 | $35,571,934 | 3.01% |
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| Waterfront Capital Partners, LLC | 841,632 | $26,603,988 | 2.61% |
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| Resolution Capital Ltd | 2,823,435 | $89,248,780 | 1.77% |
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| APG Asset Management US Inc. | 5,124,912 | $161,998,468 | 1.43% |
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| Green Alpha Advisors, LLC | 54,486 | $1,722,299 | 1.32% |
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| LASALLE INVESTMENT MANAGEMENT SECURITIES LLC | 794,363 | $25,109,814 | 1.12% |
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| PGGM Investments | 1,919,078 | $60,662 | 1.05% |
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| Ranger Global Real Estate Advisors, LLC | 213,704 | $6,755,184 | 1.02% |
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| CENTERSQUARE INVESTMENT MANAGEMENT LLC | 2,520,674 | $79,678,505 | 1.00% |
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| OAKTREE CAPITAL MANAGEMENT LP | 1,850,011 | $58,478,847 | 0.85% |
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| JLP Asset Management, LLC | 19,400 | $613,234 | 0.75% |
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| Vert Asset Management LLC | 45,804 | $1,447,864 | 0.73% |
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| CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC | 914,530 | $28,908,293 | 0.58% |
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| Weiss Multi-Strategy Advisers LLC | 580,418 | $18,347 | 0.44% |
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| Friedenthal Financial | 20,126 | $636,183 | 0.43% |
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| Camelot Portfolios, LLC | 13,613 | $430,330 | 0.41% |
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| Bridgefront Capital, LLC | 13,678 | $432,362 | 0.30% |
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| UniSuper Management Pty Ltd | 756,535 | $23,914,071 | 0.29% |
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