SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                     FORM 15

 Certification and Notice of Termination of Registration under Section 12(g) of
                             the Securities Exchange
Act of 1934 or Suspension of Duty to File Reports Under Sections 13 and 15(d) of
                                 the Securities
                              Exchange Act of 1934.

                           Commission File No. 1-9639

                    REAL ESTATE INVESTMENT TRUST OF MARYLAND
             (Exact name of registrant as specified in its charter)


                           12011 San Vicente Boulevard
                                    Suite 707
                         Los Angeles, California  90049
                                 (310) 476-7793

(Address, including zip code, and telephone number, including area code, of
                    registrant's principal executive offices)

                          Shares of Beneficial Interest
            (Title of each class of securities covered by this Form)

                                      None
   (Titles of all other classes of securities for which a duty to file reports
                               under section 13(a)
                                or 15(d) remains)

     Please place an X in the box(es) to designate the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:

     Rule 12g-4(a)(1)(i)           [X]  Rule 12h-3(b)(1)(ii)       [ ]
     Rule 12g-4(a)(1)(ii)          [ ]  Rule 12h-3(b)(2)(i)        [ ]
     Rule 12g-4(a)(2)(i)           [ ]  Rule 12h-3(b)(2)(ii)       [ ]
     Rule 12g-4(a)(2)(ii)          [ ]  Rule 15d-6                 [ ]
     Rule 12h-3(b)(1)(i)           [X]

Approximate number of holders of record as of the certification or notice date:
     None.

     Pursuant to the requirements of the Securities Exchange Act of 1934, BRE
PROPERTIES, INC. (Commission File No. 1-7993), as successor to Real Estate
Investment Trust of Maryland, has caused this certification/notice to be signed
on behalf of Real Estate Investment Trust of Maryland by the undersigned duly
authorized person.


DATE:  3/25/96           By: /s/ LeRoy E. Carlson
                            ----------------------------------------------------
                                  LeRoy E. Carlson, Executive Vice President and
                                  Chief Financial Officer