
<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM THE CONSOLIDATED STATEMENT OF OPERATIONS FOR THE NINE MONTHS ENDED 
AUGUST 31, 1997 AND THE CONSOLIDATED BALANCE SHEET AS OF AUGUST 31, 1997 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>   1,000
       
<S>                                        <C>
<PERIOD-TYPE>                              9-MOS
<FISCAL-YEAR-END>                          NOV-30-1997
<PERIOD-END>                               AUG-31-1997
<CASH>                                         107,272
<SECURITIES>                                    27,703
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                      1,854
<CURRENT-ASSETS>                               152,449
<PP&E>                                         258,701
<DEPRECIATION>                                   6,140
<TOTAL-ASSETS>                                 496,317
<CURRENT-LIABILITIES>                           34,277
<BONDS>                                        221,676
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            12
<OTHER-SE>                                     195,870
<TOTAL-LIABILITY-AND-EQUITY>                   496,317
<SALES>                                              0
<TOTAL-REVENUES>                                 9,576
<CGS>                                                0
<TOTAL-COSTS>                                    6,413
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               3,989
<INCOME-PRETAX>                                  5,233
<INCOME-TAX>                                       159
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     5,176
<EPS-PRIMARY>                                   431.33
<EPS-DILUTED>                                   431.33
        


</TABLE>
