EXHIBIT 12.2

DUKE REALTY CORPORATION
EARNINGS TO DEBT SERVICE CALCULATIONS
(in thousands except ratios)

	Six Months
	Ended June 30, 2007
Net income from continuing operations, less preferred dividends	$	36,239
Minority interest in earnings of common unitholders	2,613
Interest expense (excludes amortization of deferred financing fees)	77,037
Earnings before debt service	$	115,889
Interest expense (excludes amortization of deferred financing fees)	$	77,037
Recurring principal amortization	5,018
Total debt service	$	82,055
Ratio of earnings to debt service	1.41