EXHIBIT 12.2

DUKE REALTY CORPORATION

EARNINGS TO DEBT SERVICE CALCULATIONS

(in thousands, except ratios)

	Three Months Ended
	March 31, 2008
Income from continuing operations, less preferred dividends	$	3,168
Minority interest in earnings of common unitholders	214
Interest expense (excludes amortization of deferred financing fees)	44,742
Earnings before debt service	$	48,124
Interest expense (excludes amortization of deferred financing fees)	$	44,742
Recurring principal amortization	2,340
Total debt service	$	47,082
Ratio of earnings to debt service	1.02