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             SECURITIES AND EXCHANGE COMMISSION
                   Washington, D.C.  20549


                          FORM 8-K
                              
      CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
             THE SECURITIES EXCHANGE ACT OF 1934


    DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): April 21, 1998



                DUKE REALTY INVESTMENTS, INC.
   (Exact name of registrant as specified in its charter)


       Indiana                       1-9044                   35-1740409
(State or jurisdiction of        (Commission              (I.R.S. Employer
incorporation or organization)    File Number)             Identification No.)


               8888 KEYSTONE CROSSING, SUITE 1200
               INDIANAPOLIS, INDIANA                        46240
            (Address of principal executive offices)     (Zip Code)


REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE:   (317) 574-3531


                         Not applicable
    (Former name or former address, if changed since last report)

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ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

Exhibit
Number      Exhibit
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          1    U.S. Terms Agreement dated April 21, 1998,
          which is being filed pursuant to Regulation S-K
          Item 601(b)(1) in lieu of filing the otherwise
          required exhibit to the registration statement on
          Form S-3 of the Registrant, file no. 333-26845,
          under the Securities Act of 1933, as amended (the
          "Registration Statement"), and which, as this Form
          8-K filing is incorporated by reference in the
          Registration Statement, is set forth in full in the
          Registration Statement.

     8    Tax opinion of Bose McKinney & Evans, including consent,
          which is being filed pursuant to Regulation S-K Item
          601(b)(8) in lieu of filing the otherwise required exhibit to
          the Registration Statement and which, as this Form 8-K filing
          is incorporated by reference in the Registration Statement,
          is set forth in full in the Registration Statement.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly
authorized.

                                   DUKE REALTY INVESTMENTS, INC.


Date:     April 23, 1998           By:  /s/ Dennis D. Oklak
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                                   Dennis D. Oklak
                                   Executive Vice President and
                                   Chief Administrative Officer

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