CENTERSQUARE INVESTMENT MANAGEMENT LLC Q1 2025 Filing

Filed May 9, 2025

Portfolio Value

$9.7B

Holdings

Report Date

Q1 2025

Filing Type

13F-HR

All Holdings (77 positions)

#	Stock	Shares	Value	% Portfolio
1	WELLWelltower Inc	4,962,246	$760.3M	7.87%
2	PLDPrologis Trust	6,708,300	$749.9M	7.76%
3	EQIXEquinix Inc	885,983	$722.4M	7.48%
4	VENVentas Inc	6,843,065	$470.5M	4.87%
5	FQIDigital Realty Trust Inc	3,035,478	$435.0M	4.50%
6	EXRExtra Space Storage Inc	2,645,359	$392.8M	4.07%
7	UDRUDR Inc	8,423,229	$380.5M	3.94%
8	INVHInvitation Homes Inc	10,853,109	$378.2M	3.92%
9	CPTCamden Property Trust	2,614,150	$319.7M	3.31%
10	EQREquity Residential Properties	4,277,430	$306.2M	3.17%
11	ORealty Income Corp	4,971,123	$288.4M	2.99%
12	SPGSimon Property Group Inc	1,618,038	$268.7M	2.78%
13	DOCHealthpeak Properties Inc	13,285,932	$268.6M	2.78%
14	PSAPublic Storage Inc	862,916	$258.3M	2.67%
15	BRXBrixmor Property Group Inc	8,049,652	$213.7M	2.21%
16	KIMKimco Realty Corp	9,000,485	$191.2M	1.98%
17	REXRRexford Industrial Realty	4,808,035	$188.2M	1.95%
18	ADCAgree Realty Corp	2,431,960	$187.7M	1.94%
19	IRMIron Mountain Inc	2,008,437	$172.8M	1.79%
20	BXPBXP Inc	2,514,277	$168.9M	1.75%
21	HSTHost Hotels & Resorts Inc	11,235,809	$159.7M	1.65%
22	CUZCousins Properties Inc	5,183,579	$152.9M	1.58%
23	NNNNNN REIT	3,168,145	$135.1M	1.40%
24	KRGKite Realty Group Trust	5,960,072	$133.3M	1.38%
25	VICIVICI Properties Inc	3,941,964	$128.6M	1.33%
26	FRFirst Industrial Realty Trust	2,379,896	$128.4M	1.33%
27	AMTAmerican Tower Corp	554,287	$120.6M	1.25%
28	FRTFederal Realty Investment Trus	1,211,041	$118.5M	1.23%
29	SUISun Communities Inc	851,000	$109.5M	1.13%
30	AHRAmerican Healthcare REIT Inc	3,539,273	$107.2M	1.11%
31	CUBECubesmart	2,437,703	$104.1M	1.08%
32	VNOVornado Realty Trust	2,595,901	$96.0M	0.99%
33	OHIOmega Healthcare Investors Inc	2,124,230	$80.9M	0.84%
34	COLDAmericold Realty Trust Inc	3,722,935	$79.9M	0.83%
35	LAMRLamar Advertising Company	655,886	$74.6M	0.77%
36	LINELineage Inc	1,262,475	$74.0M	0.77%
37	MAAMid-America Apartment Communit	412,895	$69.2M	0.72%
38	AMHAmerican Homes 4 Rent	1,825,434	$69.0M	0.71%
39	BNLBroadstone Net Lease Inc	3,954,526	$67.4M	0.70%
40	AREAlexandria Real Estate Equitie	523,158	$48.4M	0.50%
41	DRHDiamondRock Hospitality Co	5,967,761	$46.1M	0.48%
42	NTSTNetSTREIT Corp	2,388,977	$37.9M	0.39%
43	SBACSBA Communications Corp	170,147	$37.4M	0.39%
44	LXPUSDLXP Industrial Trust	4,271,470	$36.9M	0.38%
45	NHINational Health Investors	495,971	$36.6M	0.38%
46	MACMacerich Company	2,082,086	$35.7M	0.37%
47	HRHealthcare Realty Trust Inc	1,824,518	$30.8M	0.32%
48	REGRegency Centers Corp	399,700	$29.5M	0.31%
49	ESSEssex Property Trust Inc	88,598	$27.2M	0.28%
50	AVBAvalon Bay Communities	115,790	$24.9M	0.26%
51	PEBPebblebrook Hotel Trust	2,337,309	$23.7M	0.25%
52	ESRTEmpire State Realty Trust	2,805,998	$21.9M	0.23%
53	SHOSunstone Hotel Investors Inc	1,443,154	$13.6M	0.14%
54	WYWeyerhaeuser Co	435,839	$12.8M	0.13%
55	EGPEastGroup Properties Inc	55,722	$9.8M	0.10%
56	ELSEquity Lifestyle Properties	108,030	$7.2M	0.07%
57	VTMXCorp Inmobiliaria Vesta SAB	305,752	$7.0M	0.07%
58	STAGSTAG Industrial	184,800	$6.7M	0.07%
59	8CWCrown Castle Intl Corp	57,510	$6.0M	0.06%
60	RHPRyman Hospitality Properties	61,180	$5.6M	0.06%
61	TRNOTerreno Realty Corp	59,358	$3.8M	0.04%
62	KRCKilroy Realty Corporation	90,991	$3.0M	0.03%
63	PEB 6.375 PERP EPebblebrook Hotel 6.375 Series	127,246	$2.2M	0.02%
64	FVRFrontView REIT Inc	164,484	$2.1M	0.02%
65	CDPCOPT Defense Properties	72,140	$2.0M	0.02%
66	IRTIndependence Realty Trust Inc	79,000	$1.7M	0.02%
67	DBRGDigitalBridge Group Inc	174,000	$1.5M	0.02%
68	ELMEElme Communities	78,900	$1.4M	0.01%
69	CBRECBRE Group Inc - A	10,020	$1.3M	0.01%
70	CSRCenterspace	14,600	$945K	0.01%
71	DEIDouglas Emmett Inc	53,000	$848K	0.01%
72	EPRTEssential Properties Realty	22,591	$737K	0.01%
73	PEB 6.3 PERP FPebblebrook Hotel 6.300 Series	40,594	$711K	0.01%
74	FCPTFour Corners Property Trust	21,666	$622K	0.01%
75	NEENEXTERA ENERGY INC	8,500	$603K	0.01%
76	JLLJones Lang LaSalle Inc	1,080	$268K	0.00%
77	APLEApple Hospitality REIT Inc	17,600	$227K	0.00%