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Press release from CNW Group

Northern Property Real Estate Investment Trust Announces October 2011 Distribution

Friday, October 14, 2011

Northern Property Real Estate Investment Trust Announces October 2011 Distribution16:05 EDT Friday, October 14, 2011CALGARY, Oct. 14, 2011 /CNW/ - Northern Property Real Estate Investment Trust ("NPREIT") (TSX: NPR.UN) announced its October 2011 monthly distribution in the amount of $0.1275 per unit, payable on November 15, 2011 to unitholders of record at October 31, 2011.As at the date hereof, there are 29,430,297 Trust Units (NPR.UN) issued and outstanding and 67,796 Class B exchangeable limited partnership units issued and outstanding.For further information: Mr. David Leiman, Chief Financial Officer (403) 531-0720