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Press release from Marketwire

Northern Property Real Estate Investment Trust Announces February 2011 Distribution

Tuesday, February 15, 2011

Northern Property Real Estate Investment Trust Announces February 2011 Distribution11:10 EST Tuesday, February 15, 2011CALGARY, ALBERTA--(Marketwire - Feb. 15, 2011) - Northern Property Real Estate Investment Trust ("NPREIT") (TSX:NPR.UN) announced its February 2011 monthly distribution in the amount of $0.1275 per unit, payable on March 15, 2011 to unitholders of record at February 28, 2011.As at the date hereof, there are 27,475,297 Trust Units NPR.UN issued and outstanding.FOR FURTHER INFORMATION PLEASE CONTACT: Mr. Todd R. CookNorthern Property Real Estate Investment TrustExecutive Vice President(403) 531-0720