EXCEL REALTY TRUST INC
S-8 POS, 1998-10-01
REAL ESTATE INVESTMENT TRUSTS
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<PAGE>
 
  As filed with the Securities and Exchange Commission on October 1, 1998
  
                                                      Registration No. 333-13481
================================================================================

                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                             --------------------

                        POST-EFFECTIVE AMENDMENT NO. 1
                                      TO
                                   Form S-8
                            REGISTRATION STATEMENT
                                     UNDER
                          THE SECURITIES ACT OF 1933

                             --------------------

                           EXCEL REALTY TRUST, INC.
            (Exact name of registrant as specified in its charter)

                Maryland                                 33-0160389
        (State of incorporation)            (I.R.S. Employer Identification No.)


     16955 Via Del Campo, Suite 110
          San Diego, California                            92127
(Address of principal executive offices)                 (Zip Code)

                             --------------------

              1993 Stock Option Plan of Excel Realty Trust, Inc.
                           (Full title of the plan)

                             --------------------

                                Richard B. Muir
                    Executive Vice President and Secretary
                            Excel Realty Trust, Inc.
                         1655 Via Del Campo, Suite 110
                          San Diego, California  92127
                    (Name and address of agent for service)

                             --------------------

                                (619) 485-9400
         (Telephone number, including area code, of agent for service)

                             --------------------

          This Post-Effective Amendment No. 1 to the Registration Statement on
Form S-8, File No. 333-13481 ("Registration Statement") of New Plan Excel Realty
Trust, Inc. (formerly known as Excel Realty Trust, Inc.)("Company") is being
filed for the purpose of deregistering 420,843 shares of the Company's common
stock ("Shares") issuable under the 1993 Stock Option Plan of New Plan Excel
Realty Trust, Inc. (formerly known as the 1993 Stock Option Plan of Excel Realty
Trust, Inc.) ("Plan"). Under Rule 429(b), the Company transferred a portion of
the registration fee paid for the Registration Statement under the Securities
Act of 1933, as amended to a new Form S-8 for the Plan filed with the Securities
and Exchange Commission on October 1, 1998. This Post-Effective Amendment No.
1 to the Registration Statement deregisters 420,843 Shares for which such
registration fee was transferred.
<PAGE>
 
                                  SIGNATURES

          Pursuant to Rule 478(a)(4) under the Securities Act of 1933, as
amended, this Post-Effective Amendment No. 1 to the Registration Statement has
been duly signed on behalf of the Registrant by the undersigned Agent for
Service in the City of San Diego, State of California on September 28, 1998.

                                 NEW PLAN EXCEL REALTY TRUST, INC.


                                 By: /s/ Richard B. Muir
                                     ---------------------------
                                       Richard B. Muir
                                       Agent for Service



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