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Duke Realty Corporation Investigation

We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Duke Realty Corporation (“Duke Realty” or the “Company”) (NYSE: DRE), in connection with the proposed acquisition of the Company by Prologis, Inc. (“Prologis”) (NYSE: PLD).  Upon completion of the transaction, the Company’s shareholders will receive 0.475 shares of Prologis common stock for each Duke Realty share owned, representing implied per-share merger consideration of approximately $55.69 based upon Prologis’s June 10, 2022 closing price of $117.24.  The all- stock transaction is valued at approximately $26 billion.

Weiss Law is investigating whether (i) Duke Realty’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the per-share merger consideration adequately compensates Duke Realty’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.

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