<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000842436
<NAME> ALPINE EQUITY TRUST
<SERIES>
<NUMBER> 012
<NAME> ALPINE INTERNATIONAL REAL ESTATE EQUITY FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 33550451
<INVESTMENTS-AT-VALUE> 29332470
<RECEIVABLES> 3139622
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 947268
<TOTAL-ASSETS> 33419360
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<OTHER-ITEMS-LIABILITIES> 79128
<TOTAL-LIABILITIES> 3565409
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 35144207
<SHARES-COMMON-STOCK> 9284 <F1>
<SHARES-COMMON-PRIOR> 15873 <F1>
<ACCUMULATED-NII-CURRENT> 4050
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 1131965
<ACCUM-APPREC-OR-DEPREC> (4162340)
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<DIVIDEND-INCOME> 408278
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<EXPENSES-NET> 753224
<NET-INVESTMENT-INCOME> (339566)
<REALIZED-GAINS-CURRENT> (487590)
<APPREC-INCREASE-CURRENT> (325192)
<NET-CHANGE-FROM-OPS> (1152348)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0 <F1>
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<DISTRIBUTIONS-OTHER> 0 <F1>
<NUMBER-OF-SHARES-SOLD> 480086
<NUMBER-OF-SHARES-REDEEMED> 691331
<SHARES-REINVESTED> 8925
<NET-CHANGE-IN-ASSETS> (3850985)
<ACCUMULATED-NII-PRIOR> 0
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<PER-SHARE-NAV-BEGIN> 12.72 <F1>
<PER-SHARE-NII> (0.27) <F1>
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<PER-SHARE-DISTRIBUTIONS> 0.00 <F1>
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<PER-SHARE-NAV-END> 12.16 <F1>
<EXPENSE-RATIO> 3.38 <F1>
<FN>
<F1> Class B
</FN>
</TABLE>
