<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from HCW Pension Real Estate Fund Ltd. Partnership 1996 Second Quarter 10-QSB and is qualified in its entirety by reference to such 10-QSB filing. </LEGEND> <CIK> 0000745538 <NAME> HCW PENSION REAL ESTATE FUND LTD PARTNRSHIP <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 1,482 <SECURITIES> 0 <RECEIVABLES> 103 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0<F1> <PP&E> 14,268 <DEPRECIATION> 3,949 <TOTAL-ASSETS> 12,374 <CURRENT-LIABILITIES> 0<F1> <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 11,682 <TOTAL-LIABILITY-AND-EQUITY> 12,374 <SALES> 0 <TOTAL-REVENUES> 1,588 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,359 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 229 <EPS-PRIMARY> 14.27 <EPS-DILUTED> 0 <FN> <F1>The Registrant has an unclassified balance sheet. </FN>