RNS Number : 1604C<fipBR>
CareCapital Group plc<fipBR>
28 August 2008<fipBR>
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<fipP>28 August 2008</fipP>
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<fipP>CARECAPITAL GROUP PLC</fipP>
<fipP>("CareCapital" or "the Company")</fipP>
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<fipP>Completion of Dental Centre</fipP>
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<fipP>CareCapital plc (AIM: CARE), the healthcare real estate developer and<fipWRAP>
owner, is pleased to announce the completion of its 1,200 sq m dental centre in<fipWRAP>
Folkestone developed at a cost of £3.6 million. The building has been leased to<fipWRAP>
Harley Dental Clinics Limited on a 21 year lease at an initial rent of £272,000<fipWRAP>
per annum subject to three yearly RPI based reviews.</fipP>
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<fipP>The Centre contains 12 dental suites, three hygienist rooms, training<fipWRAP>
facilities and a dental laboratory and will provide a wide range of dental<fipWRAP>
services for both NHS and private patients. It is planned that the Centre will<fipWRAP>
open to patients in October 2008 following the installation of equipment and<fipWRAP>
commissioning.</fipP>
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<fipP>This project is part of CareCapital's ongoing programme of primary care<fipWRAP>
developments in the UK and Germany. </fipP>
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<fipP>For further information please visit www.carecapital.co.uk or<fipWRAP>
contact:</fipP>
Paul Stacey, Managing Director Lindsay Mair, Simon Hudson, <fipBR>
Director - Corporate Paul Youens, Paul<fipBR>
Finance Young<fipBR>
CareCapital Group Plc Daniel Stewart & Co. Tavistock<fipBR>
Plc Communications<fipBR>
Tel: 020 7034 1949 Tel: 020 7776 6550 Tel: 020 7920 3150<fipBR>
pstacey@carecapital.co.uk lindsay.mair@ shudson@tavistock.co.<fipBR>
danielstewart.co.uk uk <fipBR>
swilden@carecapital.co.uk pyouens@tavistock.co.<fipBR>
uk<fipBR>
pyoung@tavistock.co.<fipBR>
uk<fipBR>
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<fipP>~ ends ~</fipP>
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<fipP>Notes to Editors</fipP>
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<fipP>CareCapital is a developer and investor in primary healthcare real<fipWRAP>
estate, partnering GPs, dentists and other clinical providers - in the UK and<fipWRAP>
Germany - to develop uniquely tailored, cost-effective and sustainable care<fipWRAP>
facilities. CareCapital has a current portfolio value of £39.9 million (as at 31<fipWRAP>
December 2007).</fipP>
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This information is provided by RNS<fipBR>
The company news service from the London Stock Exchange<fipBR>
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