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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 FC3fUPK2Z8iiRFwMoOxMpA==

<SEC-DOCUMENT>0000853183-96-000013.txt : 19960522
<SEC-HEADER>0000853183-96-000013.hdr.sgml : 19960522
ACCESSION NUMBER:		0000853183-96-000013
CONFORMED SUBMISSION TYPE:	N-30D/A
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19960229
FILED AS OF DATE:		19960521
SROS:			NASD

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TEMPLETON REAL ESTATE SECURITIES FUND
		CENTRAL INDEX KEY:			0000853183
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		N-30D/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05844
		FILM NUMBER:		96570373

	BUSINESS ADDRESS:	
		STREET 1:		BROWARD FINANCIAL CENTRE
		STREET 2:		500 EAST BROWARD BLVD
		CITY:			FORT LAUDERDALE
		STATE:			FL
		ZIP:			33394-3091
		BUSINESS PHONE:		3055277500

	MAIL ADDRESS:	
		STREET 2:		500 EAST BROWARD BLVD STE 2100
		CITY:			FORT LAUDERDALE
		STATE:			FL
		ZIP:			33394-3091

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TEMPLETON REAL ESTATE TRUST
		DATE OF NAME CHANGE:	19900313
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-30D/A
<SEQUENCE>1
<DESCRIPTION>SUPPLEMENT TO SEMI-ANNUAL REPORT
<TEXT>

                     
<PAGE>


                      SUPPLEMENT TO THE SEMI-ANNUAL REPORT

                   Semi-Annual Report dated February 29, 1996
                      Templeton Real Estate Securities Fund

Effective today, the Fund's name will be changed to "Templeton Global Real
Estate Fund."


May 15, 1996                                          TL410 STKSA 5/96


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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