Thursday, 10 November 2005, 6:12 pm Press Release: Calan Healthcare
November 10, 2005
Calan Healthcare’s Ascot Clinics site
Heads of Agreement Cancelled
Calan Healthcare Properties
Trust (NZX Code: CHP) today announced that the Heads of
Agreement entered into in October 2005, relating to the
development of the Ascot Clinics site in Auckland, has been
cancelled.
The developer cancelled the agreement following
its decision to restructure. Discussions may be
reinstituted following the restructure but at present the
transaction is at an end.
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