8-K

                          UNITED STATES

                SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549


                             FORM 8-K

                          CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF
1934


Date of Report (Date of earliest event reported)
                 April 27, 1998 (April 20, 1998)

                  ENTERTAINMENT PROPERTIES TRUST
      (Exact name of Registrant as specified in its charter)


          Maryland                                43-179877 
(State or other jurisdiction  (Commission    (I.R.S. Employer
   of Incorporation)          File Number)    Identification No.)


     One Kansas City Place
1200 Main Street, Suite 3250, Kansas City, Missouri    64105
(Address of principal executive offices)             (Zip Code)


Registrant's telephone number, including area code(816) 472-1700



_________________________________________________________________
(Former name or former address, if changed since last report)


 




ITEM 5.   OTHER EVENTS

     Entertainment Properties Trust (the "Company") issued a
press release on April 20, 1998, a copy of which is attached
hereto as Exhibit 99 and is incorporated herein by reference,
announcing the addition of Mesquite 30, another Dallas, Texas
megaplex.


ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS

     (c)  Exhibits.  The following Exhibits are filed with this
report:

Exhibit No.         Description

     99        Press Release, issued April 20, 1998.


                            SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned, hereunto duly authorized.


                              ENTERTAINMENT PROPERTIES TRUST

                              By: /s/ R. Scott Christian
                              R. Scott Christian, Treasurer


Date:   4/27/98

EX-99

                            EXHIBIT 99


Jonathan B. Weis                            FOR IMMEDIATE RELEASE
Director of Corporate Communications
Entertainment Properties Trust
(816) 472-1700

Joe Keenan, Sturges + Word
(816) 221-7500

        ENTERTAINMENT PROPERTIES TRUST ANNOUNCES ADDITION
         OF SECOND DALLAS AREA MEGAPLEX THEATRE PROPERTY

     KANSAS CITY, MO. (April 20, 1998) -- Entertainment
Properties Trust (NYSE:EPR), a real estate investment trust that
owns entertainment-related properties, today announced it has
purchased the Mesquite 30 megaplex theatre real estate from
American Multi-Cinema Inc. (AMC), a subsidiary of AMC
Entertainment Inc.  AMC will continue to operate the theatre
under a sale/leaseback transaction.

The addition brings to 15 the number of megaplex theatre
properties EPR has acquired since the company became publicly
traded in November of 1997.  The Mesquite 30 megaplex is located
in Mesquite, Texas, and is the second megaplex theatre property
EPR owns in the Dallas area.  The Company also owns the Grand 24
in Dallas.

Entertainment Properties Trust is a real estate investment trust
whose principal business strategy is to acquire and develop a
diversified portfolio of high-quality properties leased to
entertainment-related business operators.  The company's common
shares of beneficial interest are traded on the New York Stock
Exchange under the ticker symbol EPR.