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Press release from Marketwire

Northern Property Real Estate Investment Trust Announces September 2010 Distribution

Wednesday, September 15, 2010

Northern Property Real Estate Investment Trust Announces September 2010 Distribution11:33 EDT Wednesday, September 15, 2010CALGARY, ALBERTA--(Marketwire - Sept. 15, 2010) - Northern Property Real Estate Investment Trust ("NPREIT") (TSX:NPR.UN) announced its September 2010 monthly distribution in the amount of $0.1275 per unit, payable on October 15, 2010 to unitholders of record at September 30, 2010.As at the date hereof, there are 23,273,060 Trust Units and 1,897,705 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