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Press release from CNW Group

Northern Property Real Estate Investment Trust Announces May 2012 Distribution

Tuesday, May 15, 2012

Northern Property Real Estate Investment Trust Announces May 2012 Distribution12:06 EDT Tuesday, May 15, 2012CALGARY, May 15, 2012 /CNW/ - Northern Property Real Estate Investment Trust ("NPREIT") (NPR.UN - TSX) announced its May 2012 monthly distribution in the amount of $0.1275 per unit, payable on June 15, 2012 to unitholders of record at May 31, 2012.As at the date hereof, there are 31,460,061 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