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Press release from CNW Group

Northern Property Real Estate Investment Trust Announces January 2012 Distribution

Monday, January 16, 2012

Northern Property Real Estate Investment Trust Announces January 2012 Distribution10:00 EST Monday, January 16, 2012CALGARY, Jan. 16, 2012 /CNW/ - Northern Property Real Estate Investment Trust ("NPREIT") (NPR.UN - TSX) announced its January 2012 monthly distribution in the amount of $0.1275 per unit, payable on February 15, 2012 to unitholders of record at January 31, 2012.As at the date hereof, there are 29,460,061 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