November 14, 1995
VIA ELECTRONIC TRANSMISSION
Securities and Exchange Commission
File Desk
Judiciary Plaza
450 Fifth Street, NW
Washington, DC 20549
Re: Pioneer Real Estate Shares (the "Fund")
File Nos. 33-65822 and 811-7870
CIK No. 0000908996
Ladies and Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, this letter
certifies that the form of Statement of Additional Information that would have
been required to be filed under paragraph (c) of Rule 497 does not differ from
that contained in the Post-Effective Amendment, dated November 7, 1995. and that
the text of the Post -Effective Amendment has been filed electronically,
Accession No. 0000908996-95-000034.
If you have any questions concerning the foregoing or the attachments,
please call the undersigned or Elizabeth Watson collect at (617) 742-7825.
Very truly yours,
/s/Eunice R. Simmons
Eunice R. Simmons
EDGAR Compliance Associate
cc: Ms. Elizabeth Watson
Mses. Rajotte/Alves
Joseph P. Barri, Esq.
Mr. Lloyd Lipsett
Mr. Mark Goshko
