EXHIBIT 11.2

DUKE REALTY CORPORATION

EARNINGS TO DEBT SERVICE CALCULATIONS

(in thousands)

	Six Months Ended
	June 30, 2005
Net income from continuing operations, less preferred dividends	$	56,644
Minority interest in earnings of common unitholders	5,773
Interest expense (excludes amortization of deferred financing fees)	68,091
Earnings before debt service	$	130,508
Interest expense (excludes amortization of deferred financing fees)	$	68,091
Recurring principal amortization	3,406
Total debt service	$	71,497
Ratio of earnings to debt service	1.83