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                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

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                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                        Date of Report: February 3, 2006
                        (Date of earliest event reported)

                         ENTERTAINMENT PROPERTIES TRUST
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

          Maryland                       1-13561                 43-1790877
(State or other jurisdiction           (Commission              (IRS Employer
      of incorporation)                File Number)          Identification No.)

          30 West Pershing Road, Suite 201, Kansas City, Missouri 64108
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               (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code: (816) 472-1700

                                 Not Applicable
          (Former name or former address if changed since last report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

[ ]  Written  communications  pursuant to Rule 425 under the  Securities Act (17
     CFR 230.425)

[ ]  Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)

[ ]  Pre-commencement   communications  pursuant  to  Rule  14d-2(b)  under  the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement   communications  pursuant  to  Rule  13e-4(c)  under  the
     Exchange Act (17 CFR 240.13e-4(c))

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ITEM 8.01 OTHER EVENTS.

     On  February  3,  2006,  we entered  into an  Underwriting  Agreement  (the
"Underwriting   Agreement")   with  RBC   Capital   Markets   Corporation   (the
"Underwriter")  in connection with a public offering of 1,000,000  common shares
of beneficial  interest (excluding 150,000 shares to cover  over-allotments,  if
any), pursuant to our prospectus supplement dated February 3, 2006 as filed with
the  Commission  on February 3, 2006.  The  offering  is  scheduled  to close on
February 8, 2006. A form of the  Underwriting  Agreement  is attached  hereto as
Exhibit 1.2.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(c)      Exhibits

EXHIBIT NO.         DOCUMENT

    1.2             Form  of  Underwriting  Agreement  dated  February  3,  2006
                    between the Company and RBC Capital Markets  Corporation for
                    1,000,000 common shares  (excluding  150,000 shares to cover
                    over-allotments, if any).

    5.1             Form of Opinion of  Sonnenschein  Nath & Rosenthal LLP as to
                    the legality of the common  shares to be issued  pursuant to
                    the Underwriting Agreement.

    8.1             Form  of  Opinion  of  Sonnenschein  Nath  &  Rosenthal  LLP
                    regarding   certain  U.S.  Federal  Income  Tax  Matters  in
                    connection with the issuance and sale of the common shares.


                                    SIGNATURE

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.

                                       ENTERTAINMENT PROPERTIES TRUST


    Dated:  February 3, 2006           By:   /s/ Fred L. Kennon
                                               -------------------
                                             Fred L. Kennon
                                             Vice President, Treasurer and Chief
                                             Financial Officer