____________________________________________________________________________
____________________________________________________________________________
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) March 28, 1995
(March 23, 1995)
NEW PLAN REALTY TRUST
____________________________________________________________________________
(Exact Name of Registrant as Specified in Charter)
Massachusetts 0-7532 13-1995781
____________________________________________________________________________
(State or Other Jurisdiction (Commission IRS Employer
of Incorporation) File Number) Identification No.)
1120 Avenue of the Americas, New York, New York 10036
____________________________________________________________________________
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (212) 869-3000
_____________
____________________________________________________________________________
(Former Name or Former Address, if Changed Since Last Report)
____________________________________________________________________________
____________________________________________________________________________
Item 5. Other Events.
New Plan Realty Trust, a Massachusetts business trust (the "Company")
has commenced an offering of senior debt securities (the "Senior
Securities") in an aggregate principal amount equal to $100,000,000, as
described in the Company's Preliminary Prospectus Supplement dated March 23,
1995 to the Company's Prospectus dated March 23, 1995. The Senior
Securities were registered as part of the Company's Registration Statement
(No. 33-53311), which was declared effective by the Securities and Exchange
Commission on May 23, 1994.The Senior Securities are to be issued under a
Senior Securities Indenture to be entered into by the Company and The First
National Bank of Boston, as trustee (the "Senior Securities Trustee").
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Financial Statements of Businesses Acquired.
None
(b) Pro Forma Financial Information.
None
(c) Exhibits.
1. Form of Senior Securities Indenture to be entered into
by the Company and The First National Bank of Boston, as
trustee.
2. Statement of Eligibility of Senior Securities Trustee on
Form T-1.
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.
Date: March 28, 1995
NEW PLAN REALTY TRUST
By: /s/ MICHAEL I. BROWN
___________________________________
Michael I. Brown
Chief Financial Officer
and Controller