The Board of Trustees of Northern Property Real Estate Investment Trust (NPR) announced the appointment of Mr. Kevin Grayston, C.A., as a Trustee of NPR. Mr. Grayston was formerly the independent director of NorSerCo Inc., from January, 2011 until its dissolution on January 31, 2014. Mr. Grayston's real estate experience and financial acumen were valued skills on the NorSerCo Board, and the Trustees believe that his knowledge and skills are the right fit for the NPR Board.

Management intends to nominate Mr. Grayston as a Trustee nominee to the NPR Board at the May 13, 2014 Annual General and Special Meeting of Unitholders. Mr. Grayston is the former Executive Vice President and Chief Financial Officer of Canadian Hotel Income Properties REIT (CHIP REIT) and served as Executive Vice President Real Estate of bcIMC Hospitality Group Inc. following its acquisition of CHIP REIT in 2007. Prior to that, he served as Senior Vice President, Corporate Services for Canadian Airlines International.