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Exhibit 12.2

DUKE REALTY LIMITED PARTNERSHIP
RATIO OF EARNINGS TO COMBINED FIXED CHARGES
AND PREFERRED UNIT DISTRIBUTIONS

(Dollars in thousands)

		Six Months Ended June 30, 2002		2001		2000		1999		1998		1997
Earnings:
Net income from continuing operations		100,583		262,430		245,029		159,447		103,112		72,780
Preferred distributions		28,419		60,850		57,389		46,808		19,833		12,485
Earnings from land and depreciated property dispositions		(4,087	)	(45,708	)	(60,692	)	(10,012	)	(1,351	)	(1,775	)
Interest expense		55,327		113,830		133,948		86,757		60,217		40,296
	Earnings before fixed charges	180,242		391,402		375,674		283,000		181,811		123,786
Fixed charges and preferred distributions:
Interest expense		55,327		113,830		133,948		86,757		60,217		40,296
Interest costs capitalized		8,438		25,859		32,980		26,017		8,546		6,003
	Total fixed charges	63,765		139,689		166,928		112,774		68,763		46,299
Preferred distributions		28,419		60,850		57,389		46,808		19,833		12,485
	Total fixed charges and preferred distributions	92,184		200,539		224,317		159,582		88,596		58,784
Ratio of earnings to fixed charges		2.83		2.80		2.25		2.51		2.64		2.67
Ratio of earnings to combined fixed charges and preferred unit distributions		1.96		1.95		1.67		1.77		2.05		2.11

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Exhibit 12.2