Kempen Capital Management N.v. Buys Nutrien, PPL Corp, Kennedy-Wilson Holdings Inc, Sells Tapestry Inc, KKR LP, Seagate Technology PLC

• New Purchases: NTR, PPL, KW, ESRT, WRE, SHO,
• Added Positions: SPG, REG, TRTN, VER, LB, PSA, EQR, AVB, OFC, DCT,
• Reduced Positions: NYCB, VLO, CSCO, TSM, BXP, BRX, DK, EQC, VR, SLF,
• Sold Out: TPR, KKR, STX, GNC, INVH,

For the details of KEMPEN CAPITAL MANAGEMENT N.V.'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=KEMPEN+CAPITAL+MANAGEMENT+N.V.

1. Simon Property Group Inc (SPG) - 381,631 shares, 4.73% of the total portfolio. Shares added by 25.94%
2. LyondellBasell Industries NV (LYB) - 319,730 shares, 2.71% of the total portfolio. Shares reduced by 1.8%
3. SK Telecom Co Ltd (SKM) - 1,284,100 shares, 2.49% of the total portfolio. Shares added by 14.90%
4. Verizon Communications Inc (VZ) - 631,305 shares, 2.42% of the total portfolio. Shares added by 6.40%
5. Canadian Imperial Bank of Commerce (CM) - 263,150 shares, 2.4% of the total portfolio. Shares added by 0.10%

Kempen Capital Management N.v. initiated holding in Nutrien Ltd. The purchase prices were between $44.42 and $55.73, with an estimated average price of $50.11. The stock is now traded at around $51.39. The impact to a portfolio due to this purchase was 1.06%. The holding were 216,041 shares as of 2018-03-31.

Kempen Capital Management N.v. initiated holding in PPL Corp. The purchase prices were between $27.13 and $32.27, with an estimated average price of $29.78. The stock is now traded at around $27.44. The impact to a portfolio due to this purchase was 1.05%. The holding were 463,900 shares as of 2018-03-31.

Kempen Capital Management N.v. initiated holding in Kennedy-Wilson Holdings Inc. The purchase prices were between $16.15 and $17.95, with an estimated average price of $17.15. The stock is now traded at around $19.75. The impact to a portfolio due to this purchase was 1.04%. The holding were 741,700 shares as of 2018-03-31.

Kempen Capital Management N.v. initiated holding in Empire State Realty Trust Inc. The purchase prices were between $16.31 and $20.3, with an estimated average price of $18.1. The stock is now traded at around $16.51. The impact to a portfolio due to this purchase was 0.81%. The holding were 602,051 shares as of 2018-03-31.

Kempen Capital Management N.v. initiated holding in Washington REIT. The purchase prices were between $25.28 and $30.19, with an estimated average price of $27.31. The stock is now traded at around $28.66. The impact to a portfolio due to this purchase was 0.11%. The holding were 48,179 shares as of 2018-03-31.

Kempen Capital Management N.v. initiated holding in Sunstone Hotel Investors Inc. The purchase prices were between $14.33 and $17.26, with an estimated average price of $15.69. The stock is now traded at around $17.11. The impact to a portfolio due to this purchase was 0.07%. The holding were 58,577 shares as of 2018-03-31.

Kempen Capital Management N.v. added to a holding in Simon Property Group Inc by 25.94%. The purchase prices were between $150.46 and $172.42, with an estimated average price of $159.06. The stock is now traded at around $159.26. The impact to a portfolio due to this purchase was 0.97%. The holding were 381,631 shares as of 2018-03-31.

Kempen Capital Management N.v. added to a holding in Regency Centers Corp by 197.43%. The purchase prices were between $55.58 and $69.54, with an estimated average price of $60.41. The stock is now traded at around $57.61. The impact to a portfolio due to this purchase was 0.62%. The holding were 198,071 shares as of 2018-03-31.

Kempen Capital Management N.v. added to a holding in Triton International Ltd by 71.95%. The purchase prices were between $28.16 and $41.85, with an estimated average price of $33.47. The stock is now traded at around $35.71. The impact to a portfolio due to this purchase was 0.61%. The holding were 596,563 shares as of 2018-03-31.

Kempen Capital Management N.v. added to a holding in VEREIT Inc by 259.87%. The purchase prices were between $6.66 and $7.77, with an estimated average price of $7.1. The stock is now traded at around $7.04. The impact to a portfolio due to this purchase was 0.56%. The holding were 1,380,235 shares as of 2018-03-31.

Kempen Capital Management N.v. added to a holding in L Brands Inc by 39.75%. The purchase prices were between $37.51 and $59.89, with an estimated average price of $46.78. The stock is now traded at around $34.06. The impact to a portfolio due to this purchase was 0.52%. The holding were 600,850 shares as of 2018-03-31.

Kempen Capital Management N.v. added to a holding in Public Storage by 47.32%. The purchase prices were between $180.49 and $206.77, with an estimated average price of $194.82. The stock is now traded at around $206.67. The impact to a portfolio due to this purchase was 0.51%. The holding were 99,318 shares as of 2018-03-31.

Kempen Capital Management N.v. sold out a holding in Tapestry Inc. The sale prices were between $44.97 and $53.24, with an estimated average price of $49.36.

Kempen Capital Management N.v. sold out a holding in KKR & Co LP. The sale prices were between $20.2 and $24.41, with an estimated average price of $22.22.

Kempen Capital Management N.v. sold out a holding in Seagate Technology PLC. The sale prices were between $42.64 and $60.4, with an estimated average price of $53.18.

Kempen Capital Management N.v. sold out a holding in GNC Holdings Inc. The sale prices were between $3.39 and $5.26, with an estimated average price of $4.16.

Kempen Capital Management N.v. sold out a holding in Invitation Homes Inc. The sale prices were between $20.55 and $23.49, with an estimated average price of $22.19.