CALGARY, ALBERTA--(Marketwire - Jan. 18, 2011) - Northern Property Real Estate Investment Trust ("NPREIT") (TSX:NPR.UN) announced its January 2011 monthly distribution in the amount of $0.1275 per unit, payable on February 15, 2011 to unitholders of record at January 31, 2011.

As at the date hereof, there are 27,442,306 Trust Units NPR.UN issued and outstanding.

Contact Information: Northern Property Real Estate Investment Trust
Mr. Todd R. Cook
Chief Financial Officer
(403) 531-0720