# EDGAR Filing Document

**Accession Number:** 0001828039
**File Stem:** 0001577619-25-000007
**Filing Date:** 2025-8
**Character Count:** 28887
**Document Hash:** 9cf10ab2b7aad041023eabe22c48f843
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001577619-25-000007.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001577619-25-000007

**CONFORMED SUBMISSION TYPE**: N-PX

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**EFFECTIVENESS DATE**: 20250828

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AXA Real Estate Investment Managers SGP
- **CENTRAL INDEX KEY:** 0001828039

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** I0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-PX
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20829
- **FILM NUMBER:** 251267973

**BUSINESS ADDRESS:**
- **STREET 1:** 6 PLACE DE LA PYRAMIDE
- **STREET 2:** TOUR MAJUNGA
- **CITY:** PUTEAUX
- **STATE:** I0
- **ZIP:** 92800
- **BUSINESS PHONE:** 0033144457000

**MAIL ADDRESS:**
- **STREET 1:** 6 PLACE DE LA PYRAMIDE
- **STREET 2:** TOUR MAJUNGA
- **CITY:** PUTEAUX
- **STATE:** I0
- **ZIP:** 92800

## FORM N-PX
### ANNUAL REPORT OF PROXY VOTING RECORD

## N-PX: Filer Information

**Filer CIK:** 0001828039

**Date of Report:** 06/30/2025

**Are you a Registered Management Investment Company or an Institutional Manager?:** Institutional Manager

**Is this a LIVE or TEST Filing?:** LIVE

**Is this an electronic copy of an official filing submitted in paper format?:** [ ]

### Submission Contact Information
_Not provided in this filing._

### Notification Information
**Notify via Filing Website only?:** [ ]

## N-PX: Cover Page

**Name of reporting person:** AXA Real Estate Investment Managers SGP

**Address:** 6 Place de la pyramide, Puteaux, I0 92800

**Telephone number:** 0033144457000

**Name of agent for service:** —

**Agent Address:** —, —, — —

**Reporting Period:** Report for the year ended 06/30/2025

**SEC File Number:** 028-20829

**CRD Number (if any):** —

**Other SEC File Number (if any):** —

**LEI (if any):** 2138003CWF7Z28U7S234

**Report Type (check only one):**

Institutional Manager.

- [x] Institutional Manager Voting Report

- [ ] Institutional Manager Notice Report

- [ ] Institutional Manager Combination Report

Registered Management Investment Company.

- [ ] Fund Voting Report

- [ ] Fund Notice Report

**Do you wish to provide explanatory information pursuant to Special Instruction B.4?:**

- [ ] No

- [x] Yes

**Additional information:** —

## N-PX: Summary - Included Managers

**Number of Included Institutional Managers:** 0

**Included Institutional Managers:** —

## FORM N-PX PROXY VOTING RECORD

| NAME OF ISSUER                               | CUSIP     | MEETING DATE   | VOTE DESCRIPTION                                                                                                                                                                                                                                                                                                           | VOTE CATEGORY                |     SHARES VOTED |   SHARES ON LOAN | HOW VOTED   |   SHARES VOTED FOR OR AGAINST MANAGEMENT | FOR OR AGAINST MANAGEMENT   | OTHER INFO   |
|:---|:---|:---|:---|:---|---:|---:|:---|---:|:---|:---|
| Public Service Enterprise Group Incorporated | 744573106 | 04/22/2025     | Advisory Vote on the Approval of Executive Compensation.                                                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |  42239           |                0 | FOR         |                          42239           | FOR                         |  |
| Healthpeak Properties, Inc.                  | 42250P103 | 04/24/2025     | Approval of 2024 executive compensation on an advisory basis.                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |      1.00515e+06 |                0 | FOR         |                              1.00515e+06 | FOR                         |  |
| STAG Industrial, Inc.                        | 85254J102 | 04/28/2025     | The approval, by non-binding vote, of executive compensation.                                                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES | 280636           |                0 | AGAINST     |                         280636           | AGAINST                     |  |
| Constellation Energy Corporation             | 21037T109 | 04/29/2025     | To consider and act on an advisory vote regarding the approval of compensation paid to named executive officers                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES |  35221           |                0 | FOR         |                          35221           | FOR                         |  |
| Exelon Corporation                           | 30161N101 | 04/29/2025     | Advisory vote to approve the compensation paid to Exelon's named executive officers.                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES | 127077           |                0 | AGAINST     |                         127077           | AGAINST                     |  |
| Kimco Realty Corporation                     | 49446R109 | 04/29/2025     | THE BOARD OF DIRECTORS RECOMMENDS: A VOTE FOR THE ADVISORY RESOLUTION TO APPROVE THE COMPANY'S EXECUTIVE COMPENSATION (AS MORE PARTICULARLY DESCRIBED IN THE PROXY STATEMENT).                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 782987           |                0 | FOR         |                         782987           | FOR                         |  |
| The Williams Companies, Inc.                 | 969457100 | 04/29/2025     | Approve, on an Advisory Basis, the Compensation of our Named Executive Officers.                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |  47421           |                0 | AGAINST     |                          47421           | AGAINST                     |  |
| Eversource Energy                            | 30040W108 | 05/01/2025     | Consider an advisory proposal approving the compensation of our Named Executive Officers.                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES | 110576           |                0 | AGAINST     |                         110576           | AGAINST                     |  |
| American Homes 4 Rent                        | 02665T306 | 05/07/2025     | Advisory Vote to Approve American Homes 4 Rent's Named Executive Officer Compensation.                                                                                                                                                                                                                                     | SECTION 14A SAY-ON-PAY VOTES | 518454           |                0 | AGAINST     |                         518454           | AGAINST                     |  |
| CSX Corporation                              | 126408103 | 05/07/2025     | Advisory (non-binding) resolution to approve compensation for the Company's named executive officers.                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES | 138117           |                0 | AGAINST     |                         138117           | AGAINST                     |  |
| Dominion Energy, Inc.                        | 25746U109 | 05/07/2025     | Advisory Vote on Approval of Executive Compensation (Say on Pay)                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |  50967           |                0 | FOR         |                          50967           | FOR                         |  |
| Federal Realty Investment Trust              | 313745101 | 05/07/2025     | To approve, on a non-binding, advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 122344           |                0 | FOR         |                         122344           | FOR                         |  |
| Regency Centers Corporation                  | 758849103 | 05/07/2025     | Approval, in an advisory vote, of the Company's executive compensation.                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 169903           |                0 | FOR         |                         169903           | FOR                         |  |
| Prologis, Inc.                               | 74340W103 | 05/08/2025     | Advisory Vote to Approve the Company's Executive Compensation for 2024.                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 731391           |                0 | FOR         |                         731391           | FOR                         |  |
| Union Pacific Corporation                    | 907818108 | 05/08/2025     | Approve, by non-binding vote, the compensation of the Company's Named Executive Officers ("Say on Pay").                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES |  33657           |                0 | AGAINST     |                          33657           | AGAINST                     |  |
| Alexandria Real Estate Equities, Inc.        | 015271109 | 05/13/2025     | To cast a non-binding, advisory vote on a resolution to approve the compensation of the Company's named executive officers, as more particularly described in the accompanying Proxy Statement.                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 161552           |                0 | AGAINST     |                         161552           | AGAINST                     |  |
| Realty Income Corporation                    | 756109104 | 05/13/2025     | A non-binding advisory proposal to approve the compensation of our named executive officers as described in the Proxy Statement.                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES | 493669           |                0 | AGAINST     |                         493669           | AGAINST                     |  |
| Sempra                                       | 816851109 | 05/13/2025     | Advisory approval of our executive compensation                                                                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 114052           |                0 | FOR         |                         114052           | FOR                         |  |
| Sun Communities, Inc.                        | 866674104 | 05/13/2025     | To approve, by a non-binding advisory vote, executive compensation.                                                                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES | 187486           |                0 | AGAINST     |                         187486           | AGAINST                     |  |
| Ventas, Inc.                                 | 92276F100 | 05/13/2025     | Approval, on an advisory basis, of the compensation of named executive officers of Ventas, Inc.                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 120000           |                0 | AGAINST     |                         120000           | AGAINST                     |  |
| American Tower Corporation                   | 03027X100 | 05/14/2025     | To approve, on an advisory basis, the Company's executive compensation.                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES |  24960           |                0 | FOR         |                          24960           | FOR                         |  |
| American Water Works Company, Inc.           | 030420103 | 05/14/2025     | Approval, on an advisory basis, of the compensation of the Company's named executive officers.                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |  25303           |                0 | FOR         |                          25303           | FOR                         |  |
| Hudson Pacific Properties, Inc.              | 444097109 | 05/14/2025     | The advisory approval of the Company's executive compensation for the fiscal year ended December 31, 2024, as more fully disclosed in the accompanying Proxy Statement.                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 330995           |                0 | AGAINST     |                         330995           | AGAINST                     |  |
| Simon Property Group, Inc.                   | 828806109 | 05/14/2025     | Advisory Vote to Approve the Compensation of our Named Executive Officers.                                                                                                                                                                                                                                                 | SECTION 14A SAY-ON-PAY VOTES | 228413           |                0 | AGAINST     |                         228413           | AGAINST                     |  |
| Cheniere Energy, Inc.                        | 16411R208 | 05/15/2025     | Approve, on an advisory and non-binding basis, the compensation of the Company's named executive officers for 2024.                                                                                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES |  32238           |                0 | AGAINST     |                          32238           | AGAINST                     |  |
| Empire State Realty Trust, Inc.              | 292104106 | 05/15/2025     | To approve, on a non-binding, advisory basis, the compensation of our named executive officers.                                                                                                                                                                                                                            | SECTION 14A SAY-ON-PAY VOTES | 576630           |                0 | FOR         |                         576630           | FOR                         |  |
| Kinder Morgan, Inc.                          | 49456B101 | 05/15/2025     | Approval, on an advisory basis, of the compensation of our named executive officers, as disclosed in the Proxy Statement                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES | 319806           |                0 | FOR         |                         319806           | FOR                         |  |
| UDR, Inc.                                    | 902653104 | 05/15/2025     | Advisory vote to approve named executive officer compensation.                                                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 467991           |                0 | AGAINST     |                         467991           | AGAINST                     |  |
| BXP, Inc.                                    | 101121101 | 05/20/2025     | To approve, by non-binding, advisory resolution, the Company's named executive officer compensation.                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES | 158457           |                0 | AGAINST     |                         158457           | AGAINST                     |  |
| Kilroy Realty Corporation                    | 49427F108 | 05/20/2025     | Approval, on an advisory basis, of the compensation of the Company's named executive officers.                                                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES | 311898           |                0 | AGAINST     |                         311898           | AGAINST                     |  |
| AvalonBay Communities, Inc.                  | 053484101 | 05/21/2025     | To adopt a resolution approving, on a non-binding advisory basis, the compensation paid to the Company's Named Executive Officers, as disclosed pursuant to Item 402 of Regulation S-K, including the Compensation Discussion and Analysis, compensation tables and any related material disclosed in the proxy statement. | SECTION 14A SAY-ON-PAY VOTES | 179805           |                0 | FOR         |                         179805           | FOR                         |  |
| Crown Castle Inc.                            | 22822V101 | 05/21/2025     | The non-binding, advisory vote to approve the compensation of the Company's named executive officers.                                                                                                                                                                                                                      | SECTION 14A SAY-ON-PAY VOTES |  21556           |                0 | AGAINST     |                          21556           | AGAINST                     |  |
| Equinix, Inc.                                | 29444U700 | 05/21/2025     | Approval, by a non-binding advisory vote, of the compensation of our named executive officers                                                                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |  67004           |                0 | AGAINST     |                          67004           | AGAINST                     |  |
| Extra Space Storage Inc.                     | 30225T102 | 05/21/2025     | Advisory vote to approve the compensation of the Company's named executive officers.                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES | 194743           |                0 | AGAINST     |                         194743           | AGAINST                     |  |
| Xcel Energy Inc.                             | 98389B100 | 05/21/2025     | Approval of Xcel Energy Inc.'s executive compensation in an advisory vote (say on pay vote)                                                                                                                                                                                                                                | SECTION 14A SAY-ON-PAY VOTES |  27072           |                0 | AGAINST     |                          27072           | AGAINST                     |  |
| NextEra Energy, Inc.                         | 65339F101 | 05/22/2025     | Approval, by non-binding advisory vote, of NextEra Energy's compensation of its named executive officers as disclosed in the proxy statement.                                                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES | 123378           |                0 | AGAINST     |                         123378           | AGAINST                     |  |
| PG Corporation                               | 69331C108 | 05/22/2025     | Advisory Vote to Approve Executive Compensation.                                                                                                                                                                                                                                                                           | SECTION 14A SAY-ON-PAY VOTES |  90027           |                0 | FOR         |                          90027           | FOR                         |  |
| Welltower Inc.                               | 95040Q104 | 05/22/2025     | The approval, on an advisory basis, of the compensation of the named executive officers.                                                                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES | 391758           |                0 | FOR         |                         391758           | FOR                         |  |
| Douglas Emmett, Inc.                         | 25960P109 | 05/29/2025     | To approve, in a non-binding advisory vote, our executive compensation.                                                                                                                                                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 649135           |                0 | AGAINST     |                         649135           | AGAINST                     |  |
| Iron Mountain Incorporated                   | 46284V101 | 05/29/2025     | The approval of a non-binding, advisory resolution approving the compensation of our named executive officers as described in the Iron Mountain Incorporated Proxy Statement.                                                                                                                                              | SECTION 14A SAY-ON-PAY VOTES |  22272           |                0 | AGAINST     |                          22272           | AGAINST                     |  |
| Rexford Industrial Realty, Inc.              | 76169C100 | 06/03/2025     | The advisory resolution to approve the Company's named executive officer compensation for the fiscal year ended December 31, 2024, as described in the Rexford Industrial Realty, Inc. Proxy Statement.                                                                                                                    | SECTION 14A SAY-ON-PAY VOTES | 175360           |                0 | AGAINST     |                         175360           | AGAINST                     |  |
| Digital Realty Trust, Inc.                   | 253868103 | 06/06/2025     | To approve, on a non-binding, advisory basis, the compensation of the Company's named executive officers, as more fully described in the accompanying Proxy Statement (Say-on-Pay).                                                                                                                                        | SECTION 14A SAY-ON-PAY VOTES | 301034           |                0 | AGAINST     |                         301034           | AGAINST                     |  |
| Omega Healthcare Investors, Inc.             | 681936100 | 06/06/2025     | Approval, on an advisory basis, of executive compensation                                                                                                                                                                                                                                                                  | SECTION 14A SAY-ON-PAY VOTES | 178682           |                0 | FOR         |                         178682           | FOR                         |  |
| Veris Residential, Inc.                      | 554489104 | 06/11/2025     | To consider and vote, on an advisory basis, for the adoption of a resolution approving the compensation of our named executive officers.                                                                                                                                                                                   | SECTION 14A SAY-ON-PAY VOTES | 502929           |                0 | AGAINST     |                         502929           | AGAINST                     |  |
| Lineage, Inc.                                | 53566V106 | 06/18/2025     | Advisory (non-binding) approval of the compensation of our named executive officers.                                                                                                                                                                                                                                       | SECTION 14A SAY-ON-PAY VOTES |  68265           |              127 | AGAINST     |                          68265           | AGAINST                     |  |
| Lineage, Inc.                                | 53566V106 | 06/18/2025     | Advisory (non-binding) approval of the frequency of future advisory votes on the compensation of our named executive officers.                                                                                                                                                                                             | SECTION 14A SAY-ON-PAY VOTES |  68265           |              127 | ONE YEAR    |                          68265           | FOR                         |  |

## N-PX: Signature Block

**Reporting Person:** AXA Real Estate Investment Managers SGP

**By (Signature):** Juliette d'Aubarede

**By (Printed Signature):** Juliette d'Aubarede

**By (Title):** Head of Compliance

**Date:** 08/28/2025