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) July 16, 1998 (July 1, 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 July 1, 1998, a copy of which is attached hereto as
Exhibit 99 and is incorporated herein by reference, announcing
the addition of Norfolk, VA, area megaplex theatre property.


ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS

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

EXHIBIT NO.         DESCRIPTION

    99              Press Release, issued July 1, 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:  July 16, 1998

EX-99

                            EXHIBIT 99

                                                    PRESS RELEASE
CONTACT:  Jon Weis
          Entertainment Properties Trust
          (816) 472-1700

          Joe Keenan
          Sturges + Word
          (816) 221-7500


               ENTERTAINMENT PROPERTIES TRUST ANNOUNCES ADDITION
                OF NORFOLK, VA., AREA MEGAPLEX THEATRE PROPERTY

              KANSAS CITY, Mo. (July 1, 1998)   Entertainment
          Properties Trust (NYSE:EPR), a real estate investment trust
          that owns entertainment-related properties, today announced
          it has purchased the Hampton Town Center 24 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 17 the number of megaplex theatre
          properties EPR has acquired since the company became
          publicly traded in November of 1997.  The Hampton Town
          Center 24 is located in Norfolk, Va.

          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.

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