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 31, 1997



                        Federal Realty Investment Trust
        ---------------------------------------------------------------
            (Exact name of registrant as specified in its charter)



     District of Columbia                1-7533             52-0782497
     ---------------------------      -----------       ------------------
     (State or other jurisdiction     (Commission       (IRS Employer
     of incorporation)                File Number)       Identification No.)
 


     1626 East Jefferson Street, Rockville, Maryland         20852-4041
     -----------------------------------------------         ----------
     (Address of principal executive offices)                (Zip Code)


     Registrant's telephone number including area code:  301/998-8100
                                                            ------------



Exhibit Index appears on Page 3.

 
Item 5.  Other Events


         Federal Realty Investment Trust hereby files as exhibit 99 the
following supplemental data pertaining to its portfolio of properties at March
31, 1997.



Item 7.  Financial Statements and Exhibits


    (c)  Exhibits.


         99  Supplemental portfolio information at March 31, 1997



                                  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.



                                  FEDERAL REALTY INVESTMENT TRUST



Date:  May 7, 1997                    /s/ Cecily A. Ward
                                      -----------------------------------
                                      Cecily A. Ward
                                      Vice President, Controller


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                                 EXHIBIT INDEX


 
 


Exh No.    Exhibit                                                    Page No.
- -------    -------                                                    --------
                                                                 
 99        Supplemental portfolio information at March 31, 1997             4

 

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