<ARTICLE> 5
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               SEP-30-1998
<CASH>                                          49,368
<SECURITIES>                                         0
<RECEIVABLES>                                   28,861
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                       3,831,313
<DEPRECIATION>                                 148,339
<TOTAL-ASSETS>                               4,066,031
<CURRENT-LIABILITIES>                          106,322
<BONDS>                                      1,504,852
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                    295,000
<COMMON>                                             0
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                 4,066,031
<SALES>                                              0
<TOTAL-REVENUES>                               233,530
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               147,295
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              46,486
<INCOME-PRETAX>                                 91,687
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             91,687
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                  3,075
<CHANGES>                                            0
<NET-INCOME>                                    88,612
<EPS-PRIMARY>                                     1.59
<EPS-DILUTED>                                     1.58