EXHIBIT 11.2

DUKE REALTY LIMITED PARTNERSHIP AND SUBSIDIARIES

EARNINGS TO DEBT SERVICE CALCULATIONS

(in thousands)

	DECEMBER 31, 2004
Net income from continuing operations, less preferred distributions	$	142,851
Earnings from sale of land and ownership interests in  unconsolidated companies, net of impairment adjustment	(10,202		)
Recurring principal amortization	7,334
Interest expense (excludes amortization of deferred financing fees)	130,226
Earnings before debt service	$	270,209
Interest expense (excludes amortization of deferred financing fees)	$	130,226
Recurring principal amortization	7,334
Total debt service	$	137,560
Ratio of earnings to debt service	1.96