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Calan’s Sale Of Artemis Medical Centre Lapses
Calan’s Sale Of Artemis Medical Centre Lapses
Statement
made by Miles Wentworth, Chief Executive Officer,
Calan
Healthcare Properties Trust
The conditional agreement Calan Healthcare Properties Trust had to sell the Artemis Medical Centre on Auckland’s North Shore to Radius Health Group Ltd has lapsed.
The sale was initially to go unconditional on May 31, 2004, and this deadline was extended until June 30, 2004.
Radius has informed Calan it
would not be going unconditional nor seek an extension of
the conditional agreement. The two parties have agreed to
continue discussions on an informal
basis.
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