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Press release from CNW Group

Northern Property Real Estate Investment Trust Announces February 2012 Distribution

Wednesday, February 15, 2012

Northern Property Real Estate Investment Trust Announces February 2012 Distribution11:50 EST Wednesday, February 15, 2012CALGARY, Feb. 15, 2012 /CNW/ - Northern Property Real Estate Investment Trust ("NPREIT") (NPR.UN - TSX) announced its February 2012 monthly distribution in the amount of $0.1275 per unit, payable on March 15, 2012 to unitholders of record at February 29, 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