Northern Property Real Estate Investment Trust Announces November 2009
distribution

CALGARY , Nov. 16 /CNW/ - Northern Property Real Estate Investment Trust ("NPREIT") (NPR.UN - TSX) announced its November 2009 monthly distribution in the amount of $0.1233 per unit, payable on December 15, 2009 to unitholders of record at November 30, 2009 .

As at the date hereof, there are 23,007,204 Trust Units and 2,095,090 Class B exchangeable limited partnership units of NPR.UN issued and outstanding.

For further information: Mr. Todd R. Cook, Chief Financial Officer, [phone]