diff --git a/CHANGELOG.md b/CHANGELOG.md
index e5435b6..e2ec3a3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,12 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [1.12.0] - 2024-08-20
+
+### Changed
+
+- Improved serialization helper methods to take boolean parameter to override the BackingStore functionality. [#310](https://github.com/microsoft/kiota-dotnet/issues/310)
+
 ## [1.11.3] - 2024-08-16
 
 ### Changed
diff --git a/Directory.Build.props b/Directory.Build.props
index 5b9bcc7..cd688d2 100644
--- a/Directory.Build.props
+++ b/Directory.Build.props
@@ -1,7 +1,7 @@
 <Project>
   <!-- Common default project properties for ALL projects-->
   <PropertyGroup>
-    <VersionPrefix>1.11.3</VersionPrefix>
+    <VersionPrefix>1.12.0</VersionPrefix>
     <VersionSuffix></VersionSuffix>
     <!-- This is overidden in test projects by setting to true-->
     <IsTestProject>false</IsTestProject>