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Press release from Marketwire

Northern Property Real Estate Investment Trust Announces July 2010 Distribution

Thursday, July 15, 2010

Northern Property Real Estate Investment Trust Announces July 2010 Distribution10:43 EDT Thursday, July 15, 2010CALGARY, ALBERTA--(Marketwire - July 15, 2010) - Northern Property Real Estate Investment Trust ("NPREIT") (TSX:NPR.UN) announced its July 2010 monthly distribution in the amount of $0.1233 per unit, payable on August 16, 2010 to unitholders of record at July 30, 2010.As at the date hereof, there are 23,238,060 Trust Units and 1,932,705 Class B exchangeable limited partnership units of NPR.UN issued and outstanding.FOR FURTHER INFORMATION PLEASE CONTACT: Northern Property Real Estate Investment Trust Mr. Todd R. Cook Chief Financial Officer (403) 531-0720