AEW CAPITAL MANAGEMENT INC
13F-NT, 2000-02-09
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 13F

                               FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: December 31, 1999

Check here if Amendment [        ]; Amendment Number:
This Amendment (check only one): [        ]  is a restatement.
                                 [        ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:     AEW Capital Management, Inc.
Address:   225 Franklin Street
           Boston, MA  02110

13F File Number:   28-6536

The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name:    James J. Finnegan
Title:   Vice President
Phone:  (617) 261-9324

   James J. Finnegan           Boston, Massachusetts       February 8, 2000
  -------------------         -----------------------      ----------------
     [Signature]                   [City, State]                [Date]

Report Type  (Check only one.):

[ ] 13F HOLDING REPORT.

[X] 13F NOTICE.

[ ] 13F COMBINATION REPORT.

List of Other Managers Reporting for this Manager:
Form 13F File Number                        Name
28-6538                                     AEW Capital Management, L.P.


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