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Press release from CNW Group

Northern Property Real Estate Investment Trust Announces March 2011 distribution

Tuesday, March 15, 2011

Northern Property Real Estate Investment Trust Announces March 2011 distribution11:47 EDT Tuesday, March 15, 2011CALGARY, March 15 /CNW/ - Northern Property Real Estate Investment Trust ("NPREIT") (NPR.UN - TSX) announced its March 2011 monthly distribution in the amount of $0.1275 per unit, payable on April 15, 2011 to unitholders of record at March 31, 2011.As at the date hereof, there are 27,475,297 Trust Units NPR.UN issued and outstanding.For further information: Mr. David Leiman, Chief Financial Officer (403) 531-0720