<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM DUKE
REALTY INVESTMENTS, INC. AND SUBSIDIARIES' DECEMBER 31, 1996 CONSOLIDATED
FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                           5,334
<SECURITIES>                                         0
<RECEIVABLES>                                   30,625
<ALLOWANCES>                                   (1,550)
<INVENTORY>                                          0
<CURRENT-ASSETS>                                29,824
<PP&E>                                       1,290,676
<DEPRECIATION>                                (82,207)
<TOTAL-ASSETS>                               1,361,142
<CURRENT-LIABILITIES>                           67,312
<BONDS>                                        525,815
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                     72,288
<COMMON>                                       682,644
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                 1,361,142
<SALES>                                              0
<TOTAL-REVENUES>                               187,815
<CGS>                                           94,870
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                10,729
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              31,344
<INCOME-PRETAX>                                 50,872
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             50,872
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    50,872
<EPS-PRIMARY>                                    $1.81
<EPS-DILUTED>                                        0