EXHIBIT 11.2

DUKE REALTY CORPORATION

EARNINGS TO DEBT SERVICE CALCULATIONS

(in thousands)

	Three Months Ended March 31, 2005
Net income from continuing operations, less preferred dividends	$	21,741
Earnings from sale of land, net of impairment adjustments	(142		)
Recurring principal amortization	1,697
Minority interest in earnings of common unitholders	2,316
Interest expense (excludes amortization of deferred financing fees)	33,682
Earnings before debt service	$	59,294
Interest expense (excludes amortization of deferred financing fees)	$	33,682
Recurring principal amortization	1,697
Total debt service	$	35,379
Ratio of earnings to debt service	1.68