The Board of Directors
DUKE REALTY INVESTMENTS, INC.:

With respect to the accompanying registration statement, we
acknowledge our awareness of the use therein of our report
dated May 5, 1998, related to our review of interim
financial information.

Pursuant to Rule 436(c) under the Securities Act of 1933,
such reports are not considered a part of a registration
statement prepared or certified by an accountant, or reports
prepared or certified by an accountant within the meaning of
sections 7 and 11 of the Act.



KPMG Peat Marwick LLP
Indianapolis, Indiana
June 25, 1998