NOTE TIME CHANGE - Northern Property announces revised timing of first quarter earnings report

CALGARY, April 17, 2013 /CNW/ - Northern Property Real Estate Investment Trust (NPR.UN) will release its first quarter earnings on May 8, 2013 to be followed by a conference call on May 9, 2013 at 12:00 p.m. Mountain Time, 2:00 p.m. Eastern Time.  Participating on the call will be Mr. B. James Britton, Chief Executive Officer (Chair), Mr. Todd Cook, President and Chief Operating Officer, and Mr. Robert Palmer, Chief Financial Officer.

Investors and analysts are invited to participate in the call by calling 1-888-231-8191 or 647-427-7450.  You will be required to provide the Conference Call Operator with the Conference ID #27365441 prior to being admitted to the call.  A recorded playback of the call will be available from May 9, 2013 to May 16, 2013 by calling 416-849-0833 or 1-855-859-2056, passcode #27365441.  The recording will also be available on our website at www.npreit.com on May 10, 2013.

About NPR
NPR is primarily a multi-family residential real estate investor, providing a broad spectrum of rental accommodations in Canadian secondary markets with strong economic fundamentals where capitalization rates are somewhat higher and competition somewhat restrained. NPR's residential portfolio is comprised of a multi-family segment: apartments, town homes and single family rental units; and execusuites and hotels, where the rental periods range from a few days to several months. NPR also has a portfolio of commercial buildings focused on government tenancies predominantly located in Canada's far north. Geographically, NPR operates in British Columbia, the Northwest Territories, Alberta, Saskatchewan, Nunavut, Québec and Newfoundland and Labrador. As at December 31, 2012 NPR has 9,597 residential units and 1,073,301 square feet of commercial space.

SOURCE: Northern Property Real Estate Investment Trust

please contact Mr. B. James Britton, Chief Executive Officer, or Mr. Todd Cook, President and Chief Operating Officer, or Mr. Robert Palmer, Chief Financial Officer, [phone].