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Press release from Marketwire

Northern Property Real Estate Investment Trust Announces January 2011 Distribution

Tuesday, January 18, 2011

Northern Property Real Estate Investment Trust Announces January 2011 Distribution13:21 EST Tuesday, January 18, 2011CALGARY, ALBERTA--(Marketwire - Jan. 18, 2011) - Northern Property Real Estate Investment Trust ("NPREIT") (TSX:NPR.UN) announced its January 2011 monthly distribution in the amount of $0.1275 per unit, payable on February 15, 2011 to unitholders of record at January 31, 2011.As at the date hereof, there are 27,442,306 Trust Units NPR.UN issued and outstanding.FOR FURTHER INFORMATION PLEASE CONTACT: Mr. Todd R. CookNorthern Property Real Estate Investment TrustChief Financial Officer(403) 531-0720