UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, D.C. 20549

                                   FORM N-PX

    ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT
                                     COMPANY

 INVESTMENT COMPANY ACT FILE NUMBER:     811-07154

 NAME OF REGISTRANT:                     Cohen & Steers Total Return
                                         Realty Fund



 ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 280 PARK AVENUE 10TH FLOOR
                                         New York, NY 10017

 NAME AND ADDRESS OF AGENT FOR SERVICE:  John E. McLean
                                         280 PARK AVENUE 10TH FLOOR
                                         New York, NY 10017

 REGISTRANT'S TELEPHONE NUMBER:          212-832-3232

 DATE OF FISCAL YEAR END:                12/31

 DATE OF REPORTING PERIOD:               07/01/2006 - 06/30/2007





                                                                                                  

Cohen & Steers Total Return Realty Fund
--------------------------------------------------------------------------------------------------------------------------
 AMERICAN CAMPUS COMMUNITIES, INC.                                                           Agenda Number:  932662679
--------------------------------------------------------------------------------------------------------------------------
        Security:  024835100
    Meeting Type:  Annual
    Meeting Date:  03-May-2007
          Ticker:  ACC
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       WILLIAM C. BAYLESS JR.                                    Mgmt          For                            For
       R.D. BURCK                                                Mgmt          For                            For
       G. STEVEN DAWSON                                          Mgmt          For                            For
       CYDNEY C. DONNELL                                         Mgmt          For                            For
       EDWARD LOWENTHAL                                          Mgmt          For                            For
       BRIAN B. NICKEL                                           Mgmt          For                            For
       SCOTT H. RECHLER                                          Mgmt          Withheld                       Against
       WINSTON W. WALKER                                         Mgmt          For                            For

02     RATIFICATION OF ERNST & YOUNG AS OUR INDEPENDENT          Mgmt          For                            For
       AUDITORS FOR 2007




--------------------------------------------------------------------------------------------------------------------------
 ANNALY CAPITAL MANAGEMENT, INC.                                                             Agenda Number:  932681605
--------------------------------------------------------------------------------------------------------------------------
        Security:  035710409
    Meeting Type:  Annual
    Meeting Date:  24-May-2007
          Ticker:  NLY
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       KEVIN P. BRADY                                            Mgmt          For                            For
       E. WAYNE NORDBERG                                         Mgmt          For                            For

02     RATIFICATION OF THE APPOINTMENT OF DELOITTE               Mgmt          For                            For
       & TOUCHE LLP AS INDEPENDENT REGISTERED PUBLIC
       ACCOUNTING FIRM FOR THE COMPANY FOR THE 2007
       FISCAL YEAR.




--------------------------------------------------------------------------------------------------------------------------
 APARTMENT INVESTMENT AND MANAGEMENT                                                         Agenda Number:  932654088
--------------------------------------------------------------------------------------------------------------------------
        Security:  03748R101
    Meeting Type:  Annual
    Meeting Date:  30-Apr-2007
          Ticker:  AIV
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       JAMES N. BAILEY                                           Mgmt          For                            For
       TERRY CONSIDINE                                           Mgmt          For                            For
       RICHARD S. ELLWOOD                                        Mgmt          For                            For
       THOMAS L. KELTNER                                         Mgmt          For                            For
       J. LANDIS MARTIN                                          Mgmt          For                            For
       ROBERT A. MILLER                                          Mgmt          For                            For
       THOMAS L. RHODES                                          Mgmt          For                            For
       MICHAEL A. STEIN                                          Mgmt          For                            For

02     TO RATIFY THE SELECTION OF ERNST & YOUNG LLP              Mgmt          For                            For
       TO SERVE AS THE INDEPENDENT REGISTERED PUBLIC
       ACCOUNTING FIRM FOR AIMCO FOR THE FISCAL YEAR
       ENDING DECEMBER 31, 2007.

03     TO APPROVE THE AIMCO 2007 STOCK AWARD AND INCENTIVE       Mgmt          For                            For
       PLAN.

04     TO APPROVE THE AIMCO 2007 EMPLOYEE STOCK PURCHASE         Mgmt          For                            For
       PLAN.




--------------------------------------------------------------------------------------------------------------------------
 ARCHSTONE-SMITH TRUST                                                                       Agenda Number:  932667314
--------------------------------------------------------------------------------------------------------------------------
        Security:  039583109
    Meeting Type:  Annual
    Meeting Date:  16-May-2007
          Ticker:  ASN
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       STEPHEN R. DEMERITT                                       Mgmt          For                            For
       ERNEST A. GERARDI, JR.                                    Mgmt          For                            For
       RUTH ANN M. GILLIS                                        Mgmt          For                            For
       NED S. HOLMES                                             Mgmt          For                            For
       ROBERT P. KOGOD                                           Mgmt          For                            For
       JAMES H. POLK, III                                        Mgmt          For                            For
       JOHN C. SCHWEITZER                                        Mgmt          For                            For
       R. SCOT SELLERS                                           Mgmt          For                            For
       ROBERT H. SMITH                                           Mgmt          For                            For

02     SHAREHOLDER PROPOSAL, IF PRESENTED AT THE MEETING,        Shr           Against                        For
       REGARDING PAY-FOR-SUPERIOR PERFORMANCE.

03     RATIFICATION OF APPOINTMENT OF KPMG LLP AS AUDITORS       Mgmt          For                            For
       FOR THE CURRENT FISCAL YEAR.




--------------------------------------------------------------------------------------------------------------------------
 AVALONBAY COMMUNITIES, INC.                                                                 Agenda Number:  932666641
--------------------------------------------------------------------------------------------------------------------------
        Security:  053484101
    Meeting Type:  Annual
    Meeting Date:  16-May-2007
          Ticker:  AVB
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       BRYCE BLAIR                                               Mgmt          For                            For
       BRUCE A. CHOATE                                           Mgmt          For                            For
       JOHN J. HEALY, JR.                                        Mgmt          For                            For
       GILBERT M. MEYER                                          Mgmt          For                            For
       TIMOTHY J. NAUGHTON                                       Mgmt          For                            For
       LANCE R. PRIMIS                                           Mgmt          For                            For
       H. JAY SARLES                                             Mgmt          For                            For
       ALLAN D. SCHUSTER                                         Mgmt          For                            For
       AMY P. WILLIAMS                                           Mgmt          For                            For

02     TO RATIFY THE SELECTION OF ERNST & YOUNG LLP              Mgmt          For                            For
       AS THE COMPANY S INDEPENDENT AUDITORS FOR THE
       YEAR ENDING DECEMBER 31, 2007.




--------------------------------------------------------------------------------------------------------------------------
 BRANDYWINE REALTY TRUST                                                                     Agenda Number:  932667415
--------------------------------------------------------------------------------------------------------------------------
        Security:  105368203
    Meeting Type:  Annual
    Meeting Date:  09-May-2007
          Ticker:  BDN
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       WALTER D'ALESSIO                                          Mgmt          For                            For
       D. PIKE ALOIAN                                            Mgmt          For                            For
       THOMAS F. AUGUST                                          Mgmt          For                            For
       DONALD E. AXINN                                           Mgmt          For                            For
       WYCHE FOWLER                                              Mgmt          For                            For
       MICHAEL J. JOYCE                                          Mgmt          For                            For
       ANTHONY A. NICHOLS, SR.                                   Mgmt          For                            For
       MICHAEL V. PRENTISS                                       Mgmt          For                            For
       CHARLES P. PIZZI                                          Mgmt          For                            For
       GERARD H. SWEENEY                                         Mgmt          For                            For

02     RATIFICATION OF THE AUDIT COMMITTEE S APPOINTMENT         Mgmt          For                            For
       OF PRICEWATERHOUSECOOPERS, LLP AS INDEPENDENT
       REGISTERED PUBLIC ACCOUNTING FIRM

03     AMENDMENT AND RESTATEMENT OF 1997 LONG-TERM               Mgmt          For                            For
       INCENTIVE PLAN

04     EMPLOYEE SHARE PURCHASE PLAN                              Mgmt          For                            For




--------------------------------------------------------------------------------------------------------------------------
 CAMDEN PROPERTY TRUST                                                                       Agenda Number:  932658644
--------------------------------------------------------------------------------------------------------------------------
        Security:  133131102
    Meeting Type:  Annual
    Meeting Date:  01-May-2007
          Ticker:  CPT
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       RICHARD J. CAMPO                                          Mgmt          For                            For
       WILLIAM R. COOPER                                         Mgmt          For                            For
       SCOTT S. INGRAHAM                                         Mgmt          For                            For
       LEWIS A. LEVEY                                            Mgmt          For                            For
       WILLIAM B. MCGUIRE, JR.                                   Mgmt          For                            For
       WILLIAM F. PAULSEN                                        Mgmt          For                            For
       D. KEITH ODEN                                             Mgmt          For                            For
       F. GARDNER PARKER                                         Mgmt          For                            For
       STEVEN A. WEBSTER                                         Mgmt          For                            For

02     RATIFICATION OF DELOITTE & TOUCHE LLP AS THE              Mgmt          For                            For
       INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.




--------------------------------------------------------------------------------------------------------------------------
 CEDAR SHOPPING CENTERS, INC.                                                                Agenda Number:  932701279
--------------------------------------------------------------------------------------------------------------------------
        Security:  150602209
    Meeting Type:  Annual
    Meeting Date:  19-Jun-2007
          Ticker:  CDR
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       JAMES J. BURNS                                            Mgmt          For                            For
       RICHARD HOMBURG                                           Mgmt          For                            For
       PAUL G. KIRK, JR.                                         Mgmt          For                            For
       EVERETT B. MILLER, III                                    Mgmt          For                            For
       LEO S. ULLMAN                                             Mgmt          For                            For
       BRENDA J. WALKER                                          Mgmt          For                            For
       ROGER M. WIDMANN                                          Mgmt          For                            For

02     TO AMEND THE ARTICLES OF INCORPORATION TO INCREASE        Mgmt          Against                        Against
       AUTHORIZED COMMON STOCK AND PREFERRED STOCK.

03     TO RATIFY THE APPOINTMENT OF ERNST & YOUNG LLP            Mgmt          For                            For
       AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING
       FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31,
       2007.




--------------------------------------------------------------------------------------------------------------------------
 COLONIAL PROPERTIES TRUST                                                                   Agenda Number:  932647805
--------------------------------------------------------------------------------------------------------------------------
        Security:  195872106
    Meeting Type:  Annual
    Meeting Date:  25-Apr-2007
          Ticker:  CLP
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       WESTON M. ANDRESS                                         Mgmt          For                            For
       CARL F. BAILEY                                            Mgmt          For                            For
       M. MILLER GORRIE                                          Mgmt          For                            For
       WILLIAM M. JOHNSON                                        Mgmt          For                            For
       GLADE M. KNIGHT                                           Mgmt          For                            For
       JAMES K. LOWDER                                           Mgmt          For                            For
       THOMAS H. LOWDER                                          Mgmt          For                            For
       HERBERT A. MEISLER                                        Mgmt          For                            For
       CLAUDE B. NIELSEN                                         Mgmt          For                            For
       HAROLD W. RIPPS                                           Mgmt          For                            For
       DONALD T. SENTERFITT                                      Mgmt          For                            For
       JOHN W. SPIEGEL                                           Mgmt          For                            For
       C.R. THOMPSON, III                                        Mgmt          For                            For

02     TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS       Mgmt          For                            For
       LLP, AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING
       FIRM OF THE COMPANY FOR THE FISCAL YEAR ENDING
       DECEMBER 31, 2007.




--------------------------------------------------------------------------------------------------------------------------
 DCT INDUSTRIAL TRUST                                                                        Agenda Number:  932671868
--------------------------------------------------------------------------------------------------------------------------
        Security:  233153105
    Meeting Type:  Annual
    Meeting Date:  03-May-2007
          Ticker:  DCT
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       THOMAS G. WATTLES                                         Mgmt          For                            For
       PHILIP L. HAWKINS                                         Mgmt          For                            For
       PHILLIP R. ALTINGER                                       Mgmt          For                            For
       THOMAS F. AUGUST                                          Mgmt          For                            For
       JOHN S. GATES, JR.                                        Mgmt          For                            For
       TRIPP H. HARDIN                                           Mgmt          For                            For
       JAMES R. MULVIHILL                                        Mgmt          For                            For
       JOHN C. O'KEEFE                                           Mgmt          For                            For
       BRUCE L. WARWICK                                          Mgmt          For                            For

02     RATIFICATION OF THE APPOINTMENT OF KPMG LLP               Mgmt          For                            For
       AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC
       ACCOUNTING FIRM FOR 2007.




--------------------------------------------------------------------------------------------------------------------------
 DIAMONDROCK HOSPITALITY COMPANY                                                             Agenda Number:  932656789
--------------------------------------------------------------------------------------------------------------------------
        Security:  252784301
    Meeting Type:  Annual
    Meeting Date:  26-Apr-2007
          Ticker:  DRH
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       WILLIAM W. MCCARTEN                                       Mgmt          For                            For
       DANIEL J. ALTOBELLO                                       Mgmt          For                            For
       W. ROBERT GRAFTON                                         Mgmt          For                            For
       MAUREEN L. MCAVEY                                         Mgmt          For                            For
       GILBERT T. RAY                                            Mgmt          For                            For
       JOHN L. WILLIAMS                                          Mgmt          For                            For

02     TO APPROVE THE AMENDMENTS TO DIAMONDROCK HOSPITALITY      Mgmt          For                            For
       COMPANY S 2004 STOCK OPTION AND INCENTIVE PLAN
       ATTACHED TO THE PROXY STATEMENT.

03     TO RATIFY THE SELECTION OF KPMG LLP AS THE INDEPENDENT    Mgmt          For                            For
       AUDITORS FOR DIAMONDROCK HOSPITALITY COMPANY
       FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.




--------------------------------------------------------------------------------------------------------------------------
 EDUCATION REALTY TRUST, INC.                                                                Agenda Number:  932693509
--------------------------------------------------------------------------------------------------------------------------
        Security:  28140H104
    Meeting Type:  Annual
    Meeting Date:  22-May-2007
          Ticker:  EDR
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       PAUL O. BOWER                                             Mgmt          For                            For
       MONTE J. BARROW                                           Mgmt          For                            For
       WILLIAM J. CAHILL, III                                    Mgmt          For                            For
       JOHN L. FORD                                              Mgmt          For                            For
       WENDELL W. WEAKLEY                                        Mgmt          For                            For

02     RATIFICATION OF APPOINTMENT OF DELOITTE & TOUCHE          Mgmt          For                            For
       LLP AS EDR S INDEPENDENT AUDITORS FOR THE FISCAL
       YEAR ENDING DECEMBER 31, 2007.




--------------------------------------------------------------------------------------------------------------------------
 ENTERTAINMENT PROPERTIES TRUST                                                              Agenda Number:  932674484
--------------------------------------------------------------------------------------------------------------------------
        Security:  29380T105
    Meeting Type:  Annual
    Meeting Date:  09-May-2007
          Ticker:  EPR
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       BARRETT BRADY                                             Mgmt          For                            For

02     PROPOSAL TO APPROVE THE COMPANY S 2007 EQUITY             Mgmt          For                            For
       INCENTIVE PLAN.

03     PROPOSAL TO APPROVE THE COMPANY S ANNUAL PERFORMANCE-BASEDMgmt          For                            For
       INCENTIVE PLAN.

04     PROPOSAL TO RATIFY THE APPOINTMENT OF KPMG LLP            Mgmt          For                            For
       AS THE COMPANY S INDEPENDENT REGISTERED PUBLIC
       ACCOUNTING FIRM FOR 2007.




--------------------------------------------------------------------------------------------------------------------------
 EQUITY OFFICE PROPERTIES TRUST                                                              Agenda Number:  932620746
--------------------------------------------------------------------------------------------------------------------------
        Security:  294741103
    Meeting Type:  Special
    Meeting Date:  07-Feb-2007
          Ticker:  EOP
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     TO APPROVE THE MERGER OF EQUITY OFFICE PROPERTIES         Mgmt          For                            For
       TRUST WITH AND INTO BLACKHAWK ACQUISITION TRUST
       AND THE AGREEMENT AND PLAN OF MERGER, DATED
       AS OF NOVEMBER 19, 2006, AS AMENDED, AMONG
       EQUITY OFFICE PROPERTIES TRUST, EOP OPERATING
       LIMITED PARTNERSHIP, BLACKHAWK PARENT LLC,
       BLACKHAWK ACQUISITION TRUST AND BLACKHAWK ACQUISITION
       L.P., AS FULLY DESCRIBED IN THE ENCLOSED STATEMENT.

02     TO APPROVE ANY ADJOURNMENTS OF THE SPECIAL MEETING        Mgmt          For                            For
       FOR THE PURPOSE OF SOLICITING ADDITIONAL PROXIES
       IF THERE ARE NOT SUFFICIENT VOTES AT THE SPECIAL
       MEETING TO APPROVE THE MERGER AND THE AGREEMENT
       AND PLAN OF MERGER, AS AMENDED.




--------------------------------------------------------------------------------------------------------------------------
 EXTRA SPACE STORAGE INC.                                                                    Agenda Number:  932687506
--------------------------------------------------------------------------------------------------------------------------
        Security:  30225T102
    Meeting Type:  Annual
    Meeting Date:  23-May-2007
          Ticker:  EXR
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       KENNETH M. WOOLLEY*                                       Mgmt          For                            For
       ANTHONY FANTICOLA**                                       Mgmt          For                            For
       HUGH W. HORNE**                                           Mgmt          For                            For
       SPENCER F. KIRK**                                         Mgmt          For                            For
       JOSEPH D. MARGOLIS**                                      Mgmt          For                            For
       ROGER B. PORTER**                                         Mgmt          For                            For
       K. FRED SKOUSEN**                                         Mgmt          For                            For

02     RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG          Mgmt          For                            For
       LLP AS THE COMPANY S INDEPENDENT REGISTERED
       PUBLIC ACCOUNTING FIRM.




--------------------------------------------------------------------------------------------------------------------------
 GLIMCHER REALTY TRUST                                                                       Agenda Number:  932664368
--------------------------------------------------------------------------------------------------------------------------
        Security:  379302102
    Meeting Type:  Annual
    Meeting Date:  11-May-2007
          Ticker:  GRT
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       NILES C. OVERLY*                                          Mgmt          For                            For
       WILLIAM S. WILLIAMS*                                      Mgmt          For                            For
       DAVID M. ARONOWITZ**                                      Mgmt          For                            For

03     APPROVAL OF THE FOLLOWING MATTERS WITH RESPECT            Mgmt          For                            For
       TO THE GLIMCHER REALTY TRUST 2004 INCENTIVE
       COMPENSATION PLAN, AS AMENDED, ALL AS MORE
       FULLY DESCRIBED IN THE PROXY STATEMENT.

04     RATIFICATION OF THE APPOINTMENT OF BDO SEIDMAN,           Mgmt          For                            For
       LLP AS GLIMCHER REALTY TRUST S INDEPENDENT
       REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL
       YEAR ENDING DECEMBER 31, 2007.




--------------------------------------------------------------------------------------------------------------------------
 GMH COMMUNITIES TRUST                                                                       Agenda Number:  932573973
--------------------------------------------------------------------------------------------------------------------------
        Security:  36188G102
    Meeting Type:  Annual
    Meeting Date:  06-Sep-2006
          Ticker:  GCT
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       FREDERICK F. BUCHHOLZ                                     Mgmt          No vote
       RADM J.W EASTWOOD (RET)                                   Mgmt          No vote
       MICHAEL D. FASCITELLI                                     Mgmt          No vote
       GARY M. HOLLOWAY, SR.                                     Mgmt          No vote
       STEVEN J. KESSLER                                         Mgmt          No vote
       DENIS J. NAYDEN                                           Mgmt          No vote
       DENNIS J. O'LEARY                                         Mgmt          No vote
       BRUCE F. ROBINSON                                         Mgmt          No vote
       RICHARD A. SILFEN                                         Mgmt          No vote




--------------------------------------------------------------------------------------------------------------------------
 GMH COMMUNITIES TRUST                                                                       Agenda Number:  932719480
--------------------------------------------------------------------------------------------------------------------------
        Security:  36188G102
    Meeting Type:  Annual
    Meeting Date:  14-Jun-2007
          Ticker:  GCT
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       GARY M. HOLLOWAY, SR.                                     Mgmt          Withheld                       Against
       BRUCE F. ROBINSON                                         Mgmt          For                            For
       FREDERICK F. BUCHHOLZ                                     Mgmt          For                            For
       RADM J.W EASTWOOD (RET)                                   Mgmt          For                            For
       MICHAEL D. FASCITELLI                                     Mgmt          For                            For
       STEVEN J. KESSLER                                         Mgmt          For                            For
       DENIS J. NAYDEN                                           Mgmt          For                            For
       DENNIS J. O'LEARY                                         Mgmt          For                            For
       RICHARD A. SILFEN                                         Mgmt          For                            For




--------------------------------------------------------------------------------------------------------------------------
 HEALTH CARE PROPERTY INVESTORS, INC.                                                        Agenda Number:  932683166
--------------------------------------------------------------------------------------------------------------------------
        Security:  421915109
    Meeting Type:  Annual
    Meeting Date:  10-May-2007
          Ticker:  HCP
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       M.A. CIRILLO-GOLDBERG                                     Mgmt          For                            For
       ROBERT R. FANNING, JR.                                    Mgmt          For                            For
       JAMES F. FLAHERTY III                                     Mgmt          For                            For
       DAVID B. HENRY                                            Mgmt          For                            For
       MICHAEL D. MCKEE                                          Mgmt          For                            For
       HAROLD M. MESSMER, JR.                                    Mgmt          For                            For
       PETER L. RHEIN                                            Mgmt          For                            For
       KENNETH B. ROATH                                          Mgmt          For                            For
       RICHARD M. ROSENBERG                                      Mgmt          For                            For
       JOSEPH P. SULLIVAN                                        Mgmt          For                            For

02     TO RATIFY THE SELECTION OF ERNST & YOUNG LLP              Mgmt          For                            For
       AS THE COMPANY S INDEPENDENT AUDITORS FOR THE
       FISCAL YEAR ENDING DECEMBER 31, 2007.

03     STOCKHOLDER PROPOSAL REGARDING EXECUTIVE COMPENSATION.    Shr           Against                        For




--------------------------------------------------------------------------------------------------------------------------
 HEALTH CARE REIT, INC.                                                                      Agenda Number:  932658062
--------------------------------------------------------------------------------------------------------------------------
        Security:  42217K106
    Meeting Type:  Annual
    Meeting Date:  11-May-2007
          Ticker:  HCN
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       RAYMOND W. BRAUN                                          Mgmt          For                            For
       THOMAS J. DEROSA                                          Mgmt          For                            For
       JEFFREY H. DONAHUE                                        Mgmt          For                            For
       FRED S. KLIPSCH                                           Mgmt          For                            For

02     APPROVAL OF AN AMENDMENT TO THE COMPANY S SECOND          Mgmt          For                            For
       RESTATED CERTIFICATE OF INCORPORATION TO INCREASE
       THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK
       FROM 125,000,000 TO 225,000,000.

03     APPROVAL OF AN AMENDMENT TO THE COMPANY S SECOND          Mgmt          For                            For
       RESTATED CERTIFICATE OF INCORPORATION TO INCREASE
       THE NUMBER OF AUTHORIZED SHARES OF PREFERRED
       STOCK FROM 25,000,000 TO 50,000,000.

04     RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG          Mgmt          For                            For
       LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING
       FIRM FOR THE FISCAL YEAR 2007.




--------------------------------------------------------------------------------------------------------------------------
 HEALTH CARE REIT, INC.                                                                      Agenda Number:  932658074
--------------------------------------------------------------------------------------------------------------------------
        Security:  42217K403
    Meeting Type:  Annual
    Meeting Date:  11-May-2007
          Ticker:  HCNPRF
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     APPROVAL OF AN AMENDMENT TO THE COMPANY S SECOND          Mgmt          For                            For
       RESTATED CERTIFICATE OF INCORPORATION TO INCREASE
       THE NUMBER OF AUTHORIZED SHARES OF PREFERRED
       STOCK FROM 25,000,000 TO 50,000,000.




--------------------------------------------------------------------------------------------------------------------------
 HEALTH CARE REIT, INC.                                                                      Agenda Number:  932658074
--------------------------------------------------------------------------------------------------------------------------
        Security:  42217K502
    Meeting Type:  Annual
    Meeting Date:  11-May-2007
          Ticker:  HCNPRG
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     APPROVAL OF AN AMENDMENT TO THE COMPANY S SECOND          Mgmt          For                            For
       RESTATED CERTIFICATE OF INCORPORATION TO INCREASE
       THE NUMBER OF AUTHORIZED SHARES OF PREFERRED
       STOCK FROM 25,000,000 TO 50,000,000.




--------------------------------------------------------------------------------------------------------------------------
 HOME PROPERTIES, INC.                                                                       Agenda Number:  932662249
--------------------------------------------------------------------------------------------------------------------------
        Security:  437306103
    Meeting Type:  Annual
    Meeting Date:  01-May-2007
          Ticker:  HME
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       JOSH E. FIDLER                                            Mgmt          Withheld                       Against
       ALAN L. GOSULE                                            Mgmt          For                            For
       LEONARD F. HELBIG, III                                    Mgmt          For                            For
       ROGER W. KOBER                                            Mgmt          For                            For
       NORMAN P. LEENHOUTS                                       Mgmt          For                            For
       NELSON B. LEENHOUTS                                       Mgmt          For                            For
       EDWARD J. PETTINELLA                                      Mgmt          For                            For
       CLIFFORD W. SMITH, JR.                                    Mgmt          For                            For
       PAUL L. SMITH                                             Mgmt          For                            For
       THOMAS S. SUMMER                                          Mgmt          For                            For
       AMY L. TAIT                                               Mgmt          For                            For

02     TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS       Mgmt          For                            For
       LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING
       FIRM FOR 2007.




--------------------------------------------------------------------------------------------------------------------------
 HOSPITALITY PROPERTIES TRUST                                                                Agenda Number:  932684714
--------------------------------------------------------------------------------------------------------------------------
        Security:  44106M102
    Meeting Type:  Annual
    Meeting Date:  15-May-2007
          Ticker:  HPT
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       WILLIAM A. LAMKIN                                         Mgmt          For                            For

02     TO APPROVE AN AMENDMENT TO THE DECLARATION OF             Mgmt          Against                        Against
       TRUST THAT WILL CHANGE THE REQUIRED SHAREHOLDER
       VOTE FOR CERTAIN ACTIONS AND PROVIDE THAT THE
       REQUIRED SHAREHOLDER VOTE NECESSARY FOR THE
       ELECTION OF TRUSTEES OR TO TAKE CERTAIN OTHER
       ACTIONS SHALL BE SET IN THE BYLAWS.

03     TO APPROVE AMENDMENTS TO OUR DECLARATION OF               Mgmt          Against                        Against
       TRUST THAT WILL CHANGE THE REQUIRED SHAREHOLDER
       VOTE FOR CERTAIN AMENDMENTS TO THE DECLARATION
       OF TRUST OR FOR TERMINATION OF THE TRUST.

04     TO APPROVE AN AMENDMENT TO THE DECLARATION OF             Mgmt          Against                        Against
       TRUST THAT, SUBJECT TO AN EXPRESS PROVISION
       IN THE TERMS OF ANY CLASS OR SERIES OF SHARES
       OF BENEFICIAL INTEREST, WOULD AUTHORIZE THE
       BOARD TO DIVIDE OR COMBINE THE OUTSTANDING
       SHARES OF ANY CLASS OR SERIES OF SHARES OF
       BENEFICIAL INTEREST WITHOUT A SHAREHOLDER VOTE.

05     TO APPROVE AN AMENDMENT TO THE DECLARATION OF             Mgmt          Against                        Against
       TRUST TO PROVIDE THAT ANY SHAREHOLDER WHO VIOLATES
       THE DECLARATION OF TRUST OR BYLAWS WILL INDEMNIFY
       AND HOLD THE COMPANY HARMLESS FROM AND AGAINST
       ALL COSTS, EXPENSES, PENALTIES, FINES AND OTHER
       AMOUNTS, INCLUDING ATTORNEYS  AND OTHER PROFESSIONAL
       FEES, ALL AS MORE FULLY DESCRIBED IN THE PROXY
       STATEMENT.

06     TO APPROVE THE ADJOURNMENT OR POSTPONEMENT OF             Mgmt          Against                        Against
       THE MEETING, IF NECESSARY OR APPROPRIATE, TO
       SOLICIT ADDITIONAL PROXIES IF THERE ARE INSUFFICIENT
       VOTES AT THE TIME OF THE MEETING TO ELECT A
       TRUSTEE AS PROPOSED IN ITEM 1 OR TO APPROVE
       ITEMS 2, 3, 4 OR 5.




--------------------------------------------------------------------------------------------------------------------------
 HRPT PROPERTIES TRUST                                                                       Agenda Number:  932682443
--------------------------------------------------------------------------------------------------------------------------
        Security:  40426W101
    Meeting Type:  Annual
    Meeting Date:  15-May-2007
          Ticker:  HRP
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       PATRICK F. DONELAN                                        Mgmt          Withheld                       Against

02     TO APPROVE AMENDMENTS TO THE DECLARATION OF               Mgmt          Against                        Against
       TRUST THAT WILL CHANGE THE REQUIRED SHAREHOLDER
       VOTE AND MANNER OF VOTING FOR CERTAIN ACTIONS
       AND PROVIDE THAT THE REQUIRED SHAREHOLDER VOTE
       NECESSARY FOR THE ELECTION OF TRUSTEES OR TO
       TAKE CERTAIN OTHER ACTIONS SHALL BE SET IN
       THE BYLAWS.

03     TO APPROVE AMENDMENTS TO THE DECLARATION OF               Mgmt          Against                        Against
       TRUST THAT WILL CHANGE THE REQUIRED SHAREHOLDER
       VOTE FOR CERTAIN AMENDMENTS TO THE DECLARATION
       OF TRUST, FOR CERTAIN BUSINESS COMBINATIONS
       OR FOR TERMINATION OF THE TRUST.

04     TO APPROVE AN AMENDMENT TO THE DECLARATION OF             Mgmt          Against                        Against
       TRUST THAT, SUBJECT TO AN EXPRESS PROVISION
       IN THE TERMS OF ANY CLASS OR SERIES OF SHARES
       OF BENEFICIAL INTEREST, WOULD AUTHORIZE THE
       BOARD TO DIVIDE OR COMBINE THE OUTSTANDING
       SHARES OF ANY CLASS OR SERIES OF SHARES OF
       BENEFICIAL INTEREST WITHOUT A SHAREHOLDER VOTE.

05     TO APPROVE AN AMENDMENT TO THE DECLARATION OF             Mgmt          Against                        Against
       TRUST TO PROVIDE THAT ANY SHAREHOLDER WHO VIOLATES
       THE DECLARATION OF TRUST OR BYLAWS, ALL AS
       MORE FULLY DESCRIBED IN THE PROXY STATEMENT.

06     TO APPROVE AN AMENDMENT TO THE DECLARATION OF             Mgmt          For                            For
       TRUST THAT WOULD PERMIT ISSUANCE OF SECURITIES.

07     TO APPROVE THE ADJOURNMENT OR POSTPONEMENT OF             Mgmt          Against                        Against
       THE MEETING, IF NECESSARY OR APPROPRIATE, TO
       SOLICIT ADDITIONAL PROXIES IF THERE ARE INSUFFICIENT
       VOTES AT THE TIME OF THE MEETING TO ELECT A
       TRUSTEE AS PROPOSED IN ITEM 1 OR TO APPROVE
       ITEMS 2, 3, 4, 5 OR 6.




--------------------------------------------------------------------------------------------------------------------------
 INLAND REAL ESTATE CORPORATION                                                              Agenda Number:  932717133
--------------------------------------------------------------------------------------------------------------------------
        Security:  457461200
    Meeting Type:  Annual
    Meeting Date:  20-Jun-2007
          Ticker:  IRC
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       ROLAND W. BURRIS                                          Mgmt          For                            For
       THOMAS P. D'ARCY                                          Mgmt          For                            For
       DANIEL L. GOODWIN                                         Mgmt          Withheld                       Against
       JOEL G. HERTER                                            Mgmt          For                            For
       HEIDI N. LAWTON                                           Mgmt          For                            For
       THOMAS H. MCAULEY                                         Mgmt          For                            For
       THOMAS R. MCWILLIAMS                                      Mgmt          For                            For
       ROBERT D. PARKS                                           Mgmt          For                            For
       JOEL D. SIMMONS                                           Mgmt          For                            For

02     RATIFY THE APPOINTMENT OF KPMG LLP AS OUR INDEPENDENT     Mgmt          For                            For
       REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL
       YEAR ENDING DECEMBER 31, 2007.




--------------------------------------------------------------------------------------------------------------------------
 ISTAR FINANCIAL INC.                                                                        Agenda Number:  932703754
--------------------------------------------------------------------------------------------------------------------------
        Security:  45031U101
    Meeting Type:  Annual
    Meeting Date:  30-May-2007
          Ticker:  SFI
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       JAY SUGARMAN                                              Mgmt          For                            For
       GLENN R. AUGUST                                           Mgmt          For                            For
       ROBERT W. HOLMAN, JR.                                     Mgmt          For                            For
       ROBIN JOSEPHS                                             Mgmt          For                            For
       CARTER MCCLELLAND                                         Mgmt          For                            For
       JOHN G. MCDONALD                                          Mgmt          For                            For
       GEORGE R. PUSKAR                                          Mgmt          For                            For
       JEFFREY A. WEBER                                          Mgmt          For                            For

02     APPROVAL OF ADOPTION OF ISTAR FINANCIAL INC.              Mgmt          For                            For
       2007 INCENTIVE COMPENSATION PLAN.

03     RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS Mgmt          For                            For
       LLP AS THE COMPANY S INDEPENDENT ACCOUNTANTS
       FOR THE FISCAL YEAR ENDING DECEMBER 31, 2007.




--------------------------------------------------------------------------------------------------------------------------
 KILROY REALTY CORPORATION                                                                   Agenda Number:  932687429
--------------------------------------------------------------------------------------------------------------------------
        Security:  49427F108
    Meeting Type:  Annual
    Meeting Date:  17-May-2007
          Ticker:  KRC
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       WILLIAM P. DICKEY                                         Mgmt          For                            For




--------------------------------------------------------------------------------------------------------------------------
 LEXINGTON REALTY TRUST                                                                      Agenda Number:  932596159
--------------------------------------------------------------------------------------------------------------------------
        Security:  529043101
    Meeting Type:  Special
    Meeting Date:  20-Nov-2006
          Ticker:  LXP
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     TO APPROVE THE AGREEMENT AND PLAN OF MERGER,              Mgmt          For                            For
       DATED AS OF JULY 23, 2006, BY AND AMONG LEXINGTON
       CORPORATE PROPERTIES TRUST AND NEWKIRK REALTY
       TRUST, INC., A COPY OF WHICH IS ATTACHED AS
       ANNEX A TO THE JOINT PROXY STATEMENT/PROSPECTUS,
       AND THE TRANSACTIONS CONTEMPLATED THEREBY.

02     THE ADJOURNMENT OR POSTPONEMENT OF THE SPECIAL            Mgmt          For                            For
       MEETING, IF NECESSARY, TO PERMIT FURTHER SOLICITATION
       OF PROXIES IF THERE ARE NOT SUFFICIENT VOTES
       AT THE TIME OF THE SPECIAL MEETING TO APPROVE
       THE PROPOSALS.




--------------------------------------------------------------------------------------------------------------------------
 LIBERTY PROPERTY TRUST                                                                      Agenda Number:  932689093
--------------------------------------------------------------------------------------------------------------------------
        Security:  531172104
    Meeting Type:  Annual
    Meeting Date:  17-May-2007
          Ticker:  LRY
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       J. ANTHONY HAYDEN                                         Mgmt          For                            For
       M. LEANNE LACHMAN                                         Mgmt          For                            For

02     APPROVAL OF THE PROPOSAL TO RATIFY THE SELECTION          Mgmt          For                            For
       OF ERNST & YOUNG LLP AS THE TRUST S INDEPENDENT
       REGISTERED PUBLIC ACCOUNTING FIRM FOR 2007.

03     APPROVAL OF THE PROPOSAL TO AMEND AND RESTATE             Mgmt          For                            For
       THE TRUST S AMENDED AND RESTATED SHARE INCENTIVE
       PLAN, WITHOUT INCREASING THE NUMBER OF SHARES
       AVAILABLE FOR GRANT THEREUNDER, INCLUDING AMONG
       OTHER THINGS TO ADD TO THE TYPES OF AWARDS
       AVAILABLE FOR GRANT UNDER THE PLAN.




--------------------------------------------------------------------------------------------------------------------------
 MACK-CALI REALTY CORPORATION                                                                Agenda Number:  932686047
--------------------------------------------------------------------------------------------------------------------------
        Security:  554489104
    Meeting Type:  Annual
    Meeting Date:  23-May-2007
          Ticker:  CLI
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       ALAN S. BERNIKOW                                          Mgmt          For                            For
       KENNETH M. DUBERSTEIN                                     Mgmt          For                            For
       VINCENT TESE                                              Mgmt          For                            For
       ROY J. ZUCKERBERG                                         Mgmt          For                            For

02     RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS Mgmt          For                            For
       LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING
       FIRM OF THE COMPANY FOR THE FISCAL YEAR ENDING
       DECEMBER 31, 2007.




--------------------------------------------------------------------------------------------------------------------------
 MAGUIRE PROPERTIES INC.                                                                     Agenda Number:  932712652
--------------------------------------------------------------------------------------------------------------------------
        Security:  559775101
    Meeting Type:  Annual
    Meeting Date:  05-Jun-2007
          Ticker:  MPG
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       ROBERT F. MAGUIRE III                                     Mgmt          For                            For
       LAWRENCE S. KAPLAN                                        Mgmt          Withheld                       Against
       CAROLINE S. MCBRIDE                                       Mgmt          Withheld                       Against
       ANDREA L. VAN DE KAMP                                     Mgmt          Withheld                       Against
       WALTER L. WEISMAN                                         Mgmt          Withheld                       Against
       LEWIS N. WOLFF                                            Mgmt          Withheld                       Against

02     RATIFICATION OF THE SELECTION OF KPMG LLP AS              Mgmt          For                            For
       THE COMPANY S INDEPENDENT REGISTERED PUBLIC
       ACCOUNTING FIRM FOR THE YEAR ENDED DECEMBER
       31, 2007.

03     APPROVAL OF THE SECOND AMENDED AND RESTATED               Mgmt          Against                        Against
       2003 INCENTIVE AWARD PLAN OF THE COMPANY, MAGUIRE
       PROPERTIES SERVICES, INC. AND MAGUIRE PROPERTIES
       L.P.




--------------------------------------------------------------------------------------------------------------------------
 MID-AMERICA APARTMENT COMMUNITIES, I                                                        Agenda Number:  932666259
--------------------------------------------------------------------------------------------------------------------------
        Security:  59522J103
    Meeting Type:  Annual
    Meeting Date:  22-May-2007
          Ticker:  MAA
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       MARY E. MCCORMICK                                         Mgmt          For                            For
       WILLIAM B. SANSOM                                         Mgmt          For                            For

02     RATIFICATION OF ERNST & YOUNG LLP AS MID-AMERICA          Mgmt          For                            For
       S INDEPENDENT REGISTERED PUBLIC ACCOUNTING
       FIRM FOR 2007.




--------------------------------------------------------------------------------------------------------------------------
 NATIONWIDE HEALTH PROPERTIES, INC.                                                          Agenda Number:  932641055
--------------------------------------------------------------------------------------------------------------------------
        Security:  638620104
    Meeting Type:  Annual
    Meeting Date:  24-Apr-2007
          Ticker:  NHP
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       DAVID R. BANKS                                            Mgmt          For                            For
       DOUGLAS M. PASQUALE                                       Mgmt          For                            For
       JACK D. SAMUELSON                                         Mgmt          For                            For

02     APPROVE THE SHARE INCREASE AMENDMENT TO AMEND             Mgmt          For                            For
       THE COMPANY S CHARTER TO INCREASE THE NUMBER
       OF AUTHORIZED SHARES OF COMMON STOCK OF THE
       COMPANY FROM 100,000,000 TO 200,000,000 SHARES.

03     APPROVE THE REIT PROTECTION AMENDMENT TO AMEND            Mgmt          For                            For
       THE COMPANY S CHARTER TO AUGMENT, ENHANCE AND
       CLARIFY COMPANY STOCK OWNERSHIP RESTRICTIONS
       TO PROTECT THE COMPANY S STATUS AS A REAL ESTATE
       INVESTMENT TRUST FOR U.S. FEDERAL INCOME TAX
       PURPOSES.

04     RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG          Mgmt          For                            For
       LLP AS THE COMPANY S INDEPENDENT ACCOUNTANTS
       FOR THE CALENDAR YEAR ENDING DECEMBER 31, 2007.




--------------------------------------------------------------------------------------------------------------------------
 NEWCASTLE INVESTMENT CORP.                                                                  Agenda Number:  932693927
--------------------------------------------------------------------------------------------------------------------------
        Security:  65105M108
    Meeting Type:  Annual
    Meeting Date:  17-May-2007
          Ticker:  NCT
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       KEVIN J. FINNERTY                                         Mgmt          For                            For
       KENNETH M. RIIS                                           Mgmt          For                            For

02     PROPOSAL TO APPROVE THE APPOINTMENT OF ERNST              Mgmt          For                            For
       & YOUNG LLP AS THE COMPANY S INDEPENDENT AUDITORS
       FOR THE FISCAL YEAR 2007.




--------------------------------------------------------------------------------------------------------------------------
 PARKWAY PROPERTIES, INC.                                                                    Agenda Number:  932691555
--------------------------------------------------------------------------------------------------------------------------
        Security:  70159Q104
    Meeting Type:  Annual
    Meeting Date:  10-May-2007
          Ticker:  PKY
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       DANIEL P. FRIEDMAN                                        Mgmt          For                            For
       ROGER P. FRIOU                                            Mgmt          For                            For
       MARTIN L. GARCIA                                          Mgmt          For                            For
       MATTHEW W. KAPLAN                                         Mgmt          For                            For
       MICHAEL J. LIPSEY                                         Mgmt          For                            For
       STEVEN G. ROGERS                                          Mgmt          For                            For
       LELAND R. SPEED                                           Mgmt          For                            For
       TROY A. STOVALL                                           Mgmt          For                            For
       LENORE M. SULLIVAN                                        Mgmt          For                            For

02     TO CONSIDER AND RATIFY THE APPOINTMENT OF ERNST           Mgmt          For                            For
       & YOUNG LLP AS INDEPENDENT ACCOUNTANTS OF THE
       COMPANY FOR THE 2007 FISCAL YEAR.




--------------------------------------------------------------------------------------------------------------------------
 PUBLIC STORAGE, INC.                                                                        Agenda Number:  932677226
--------------------------------------------------------------------------------------------------------------------------
        Security:  74460D232
    Meeting Type:  Annual
    Meeting Date:  03-May-2007
          Ticker:  PSAPRM
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     APPROVAL OF THE PROPOSAL TO REORGANIZE FROM               Mgmt          Against                        Against
       A CALIFORNIA CORPORATION TO A MARYLAND REAL
       ESTATE INVESTMENT TRUST.

02     APPROVAL OF ADJOURNMENTS OR POSTPONEMENTS OF              Mgmt          Against                        Against
       THE ANNUAL MEETING IF NECESSARY.




--------------------------------------------------------------------------------------------------------------------------
 PUBLIC STORAGE, INC.                                                                        Agenda Number:  932677226
--------------------------------------------------------------------------------------------------------------------------
        Security:  74460D257
    Meeting Type:  Annual
    Meeting Date:  03-May-2007
          Ticker:  PSAPRL
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     APPROVAL OF THE PROPOSAL TO REORGANIZE FROM               Mgmt          Against                        Against
       A CALIFORNIA CORPORATION TO A MARYLAND REAL
       ESTATE INVESTMENT TRUST.

02     APPROVAL OF ADJOURNMENTS OR POSTPONEMENTS OF              Mgmt          Against                        Against
       THE ANNUAL MEETING IF NECESSARY.




--------------------------------------------------------------------------------------------------------------------------
 PUBLIC STORAGE, INC.                                                                        Agenda Number:  932677226
--------------------------------------------------------------------------------------------------------------------------
        Security:  74460D273
    Meeting Type:  Annual
    Meeting Date:  03-May-2007
          Ticker:  PSAPRK
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     APPROVAL OF THE PROPOSAL TO REORGANIZE FROM               Mgmt          Against                        Against
       A CALIFORNIA CORPORATION TO A MARYLAND REAL
       ESTATE INVESTMENT TRUST.

02     APPROVAL OF ADJOURNMENTS OR POSTPONEMENTS OF              Mgmt          Against                        Against
       THE ANNUAL MEETING IF NECESSARY.




--------------------------------------------------------------------------------------------------------------------------
 PUBLIC STORAGE, INC.                                                                        Agenda Number:  932677226
--------------------------------------------------------------------------------------------------------------------------
        Security:  74460D299
    Meeting Type:  Annual
    Meeting Date:  03-May-2007
          Ticker:  PSAPRI
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     APPROVAL OF THE PROPOSAL TO REORGANIZE FROM               Mgmt          Against                        Against
       A CALIFORNIA CORPORATION TO A MARYLAND REAL
       ESTATE INVESTMENT TRUST.

02     APPROVAL OF ADJOURNMENTS OR POSTPONEMENTS OF              Mgmt          Against                        Against
       THE ANNUAL MEETING IF NECESSARY.




--------------------------------------------------------------------------------------------------------------------------
 SENIOR HOUSING PROPERTIES TRUST                                                             Agenda Number:  932692913
--------------------------------------------------------------------------------------------------------------------------
        Security:  81721M109
    Meeting Type:  Annual
    Meeting Date:  30-May-2007
          Ticker:  SNH
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       JOHN L. HARRINGTON                                        Mgmt          Withheld                       Against
       ADAM D. PORTNOY                                           Mgmt          Withheld                       Against

02     TO APPROVE AMENDMENTS TO THE DECLARATION OF               Mgmt          Against                        Against
       TRUST THAT WILL CHANGE THE REQUIRED SHAREHOLDER
       VOTE FOR CERTAIN ACTIONS AND PROVIDE THAT THE
       REQUIRED SHAREHOLDER VOTE NECESSARY FOR CERTAIN
       OTHER ACTIONS SHALL BE SET IN THE BYLAWS.

03     TO APPROVE AN AMENDMENT TO THE DECLARATION OF             Mgmt          Against                        Against
       TRUST TO PROVIDE THAT ANY SHAREHOLDER WHO VIOLATES
       THE DECLARATION OF TRUST OR BYLAWS WILL INDEMNIFY
       AND HOLD THE COMPANY HARMLESS FROM AND AGAINST
       ALL COSTS, EXPENSES, PENALTIES, FINES AND OTHER
       AMOUNTS, INCLUDING ATTORNEYS  AND OTHER PROFESSIONAL
       FEES, ALL AS MORE FULLY DESCRIBED IN THE PROXY
       STATEMENT.

04     TO APPROVE THE ADJOURNMENT OR POSTPONEMENT OF             Mgmt          Against                        Against
       THE MEETING, IF NECESSARY OR APPROPRIATE, TO
       SOLICIT ADDITIONAL PROXIES IF THERE ARE INSUFFICIENT
       VOTES AT THE TIME OF THE MEETING TO ELECT EACH
       OF THE TRUSTEES AS PROPOSED IN ITEM 1 OR TO
       APPROVE ITEMS 2 OR 3.




--------------------------------------------------------------------------------------------------------------------------
 SOVRAN SELF STORAGE, INC.                                                                   Agenda Number:  932677036
--------------------------------------------------------------------------------------------------------------------------
        Security:  84610H108
    Meeting Type:  Annual
    Meeting Date:  21-May-2007
          Ticker:  SSS
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       ROBERT J. ATTEA                                           Mgmt          For                            For
       KENNETH F. MYSZKA                                         Mgmt          For                            For
       JOHN E. BURNS                                             Mgmt          For                            For
       MICHAEL A. ELIA                                           Mgmt          For                            For
       ANTHONY P. GAMMIE                                         Mgmt          For                            For
       CHARLES E. LANNON                                         Mgmt          For                            For

02     RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG          Mgmt          For                            For
       LLP AS INDEPENDENT AUDITORS FOR FISCAL YEAR
       2007.




--------------------------------------------------------------------------------------------------------------------------
 STRATEGIC HOTELS & RESORTS INC.                                                             Agenda Number:  932687215
--------------------------------------------------------------------------------------------------------------------------
        Security:  86272T106
    Meeting Type:  Annual
    Meeting Date:  17-May-2007
          Ticker:  BEE
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       ROBERT P. BOWEN                                           Mgmt          For                            For
       MICHAEL W. BRENNAN                                        Mgmt          For                            For
       EDWARD C. COPPOLA                                         Mgmt          For                            For
       KENNETH FISHER                                            Mgmt          For                            For
       LAURENCE S. GELLER                                        Mgmt          For                            For
       JAMES A. JEFFS                                            Mgmt          For                            For
       SIR DAVID MICHELS                                         Mgmt          For                            For
       WILLIAM A. PREZANT                                        Mgmt          For                            For

02     RATIFICATION OF THE APPOINTMENT OF DELOITTE               Mgmt          For                            For
       & TOUCHE LLP AS INDEPENDENT AUDITORS FOR THE
       FISCAL YEAR ENDING DECEMBER 31, 2007.




--------------------------------------------------------------------------------------------------------------------------
 THE MACERICH COMPANY                                                                        Agenda Number:  932694753
--------------------------------------------------------------------------------------------------------------------------
        Security:  554382101
    Meeting Type:  Annual
    Meeting Date:  30-May-2007
          Ticker:  MAC
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       EDWARD C. COPPOLA                                         Mgmt          For                            For
       FRED S. HUBBELL                                           Mgmt          For                            For
       DR. WILLIAM P. SEXTON                                     Mgmt          For                            For

02     RATIFICATION OF THE APPOINTMENT OF DELOITTE               Mgmt          For                            For
       & TOUCHE LLP AS THE COMPANY S INDEPENDENT ACCOUNTANTS
       FOR THE YEAR ENDING DECEMBER 31, 2007.

03     STOCKHOLDER PROPOSAL REGARDING DECLASSIFICATION           Shr           For                            Against
       OF THE BOARD OF DIRECTORS, IF PROPERLY PRESENTED
       AT THE MEETING.




--------------------------------------------------------------------------------------------------------------------------
 U-STORE-IT TRUST                                                                            Agenda Number:  932668114
--------------------------------------------------------------------------------------------------------------------------
        Security:  91274F104
    Meeting Type:  Annual
    Meeting Date:  08-May-2007
          Ticker:  YSI
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       THOMAS A. COMMES                                          Mgmt          For                            For
       J.C. (JACK) DANNEMILLER                                   Mgmt          For                            For
       W.M. DIEFENDERFER III                                     Mgmt          For                            For
       HAROLD S. HALLER                                          Mgmt          For                            For
       DEAN JERNIGAN                                             Mgmt          For                            For
       MARIANNE M. KELER                                         Mgmt          For                            For
       DAVID J. LARUE                                            Mgmt          For                            For

02     APPROVAL OF THE U-STORE-IT TRUST 2007 EQUITY              Mgmt          For                            For
       INCENTIVE PLAN




--------------------------------------------------------------------------------------------------------------------------
 UNITED DOMINION REALTY TRUST, INC.                                                          Agenda Number:  932650725
--------------------------------------------------------------------------------------------------------------------------
        Security:  910197102
    Meeting Type:  Annual
    Meeting Date:  08-May-2007
          Ticker:
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       KATHERINE A. CATTANACH                                    Mgmt          For                            For
       ERIC J. FOSS                                              Mgmt          For                            For
       ROBERT P. FREEMAN                                         Mgmt          For                            For
       JON A. GROVE                                              Mgmt          For                            For
       JAMES D. KLINGBEIL                                        Mgmt          For                            For
       ROBERT C. LARSON                                          Mgmt          For                            For
       THOMAS R. OLIVER                                          Mgmt          For                            For
       LYNNE B. SAGALYN                                          Mgmt          For                            For
       MARK J. SANDLER                                           Mgmt          For                            For
       THOMAS W. TOOMEY                                          Mgmt          For                            For
       THOMAS C. WAJNERT                                         Mgmt          For                            For

02     PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST               Mgmt          For                            For
       & YOUNG LLP TO SERVE AS OUR INDEPENDENT AUDITORS
       FOR THE YEAR ENDING DECEMBER 31, 2007.




--------------------------------------------------------------------------------------------------------------------------
 URSTADT BIDDLE PROPERTIES INC.                                                              Agenda Number:  932629833
--------------------------------------------------------------------------------------------------------------------------
        Security:  917286205
    Meeting Type:  Annual
    Meeting Date:  08-Mar-2007
          Ticker:  UBA
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       WILLING L. BIDDLE                                         Mgmt          For                            For
       E. VIRGIL CONWAY                                          Mgmt          For                            For
       ROBERT J. MUELLER                                         Mgmt          For                            For

02     TO RATIFY THE APPOINTMENT OF PKF AS THE INDEPENDENT       Mgmt          For                            For
       REGISTERED PUBLIC ACCOUNTING FIRM OF THE COMPANY
       FOR ONE YEAR.




--------------------------------------------------------------------------------------------------------------------------
 VENTAS, INC.                                                                                Agenda Number:  932700253
--------------------------------------------------------------------------------------------------------------------------
        Security:  92276F100
    Meeting Type:  Annual
    Meeting Date:  16-May-2007
          Ticker:  VTR
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       DEBRA A. CAFARO                                           Mgmt          For                            For
       DOUGLAS CROCKER II                                        Mgmt          For                            For
       JAY M. GELLERT                                            Mgmt          For                            For
       RONALD G. GEARY                                           Mgmt          For                            For
       CHRISTOPHER T. HANNON                                     Mgmt          For                            For
       SHELI Z. ROSENBERG                                        Mgmt          For                            For
       THOMAS C. THEOBALD                                        Mgmt          For                            For

02     DIRECTORS  PROPOSAL: TO RATIFY THE APPOINTMENT            Mgmt          For                            For
       OF ERNST & YOUNG LLP AS THE INDEPENDENT REGISTERED
       PUBLIC ACCOUNTING FIRM FOR FISCAL YEAR 2007.

03     DIRECTORS  PROPOSAL: TO APPROVE AN AMENDMENT              Mgmt          For                            For
       TO THE CERTIFICATE OF INCORPORATION TO INCREASE
       THE AUTHORIZED COMMON STOCK.

04     DIRECTORS  PROPOSAL: TO APPROVE AN AMENDMENT              Mgmt          For                            For
       TO THE CERTIFICATE OF INCORPORATION TO INCLUDE
       CERTAIN PROVISIONS LIMITING THE CONSTRUCTIVE
       OWNERSHIP OF THE CAPITAL STOCK IN ORDER TO
       PROVIDE FURTHER ASSURANCES FOR CONTINUED COMPLIANCE
       AS A QUALIFIED REAL ESTATE INVESTMENT TRUST
       UNDER U.S. FEDERAL INCOME TAX LAW.




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 VORNADO REALTY TRUST                                                                        Agenda Number:  932700479
--------------------------------------------------------------------------------------------------------------------------
        Security:  929042109
    Meeting Type:  Annual
    Meeting Date:  22-May-2007
          Ticker:  VNO
            ISIN:
--------------------------------------------------------------------------------------------------------------------------

Prop.# Proposal                                                  Proposal      Proposal Vote                  For/Against
                                                                 Type                                         Management

01     DIRECTOR
       ROBERT P. KOGOD                                           Mgmt          For                            For
       DAVID MANDELBAUM                                          Mgmt          For                            For
       RICHARD R. WEST                                           Mgmt          For                            For

02     RATIFICATION OF SELECTION OF INDEPENDENT REGISTERED       Mgmt          For                            For
       PUBLIC ACCOUNTING FIRM.

03     SHAREHOLDER PROPOSAL REGARDING MAJORITY VOTING            Shr           For                            Against
       FOR TRUSTEES.



* Management position unknown





SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

(Registrant)         Cohen & Steers Total Return Realty Fund
By (Signature)       /s/ Adam M. Derechin
Name                 Adam M. Derechin
Title                President
Date                 08/23/2007