FOR IMMEDIATE RELEASE December 14, 2012 Northern Property Real Estate Investment Trust Announces December 2012 Distribution

CALGARY, Alberta - December 14, 2012 - Northern Property Real Estate Investment Trust ("NPREIT") (NPR.UN - TSX) announced its December 2012 monthly distribution in the amount of $0.1275 per unit, payable on January 15,
2013 to unitholders of record at December 31, 2012.
As at the date hereof, there are 31,948,987 Trust Units (NPR.UN) issued and outstanding and 67,796 Class B exchangeable limited partnership units issued and outstanding.
For further information: Mr. Todd Cook,
Executive Vice President and Chief Financial Officer
(403) 531-0720
December 2012 Distribution Release

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