Acquisition

CareCapital Group plc
14 June 2007


14 June 2007


                             CareCapital Group Plc
                        ("CareCapital" or "the Company")

                 Investment and Development Programme in Germany

                    Contracts Exchanged on Third Acquisition

CareCapital Group Plc, the AIM listed healthcare real estate company  (CARE), 
announces that it has exchanged contracts in respect of the acquisition of a 
further major medical facility situated in the centre of Berlin as part of its 
initial €35 million investment and development programme in Germany.

The investment, at an acquisition cost of €5.0 million, is a 2,865 square meter
medical facility housing 13 tenants including a large dental centre operated by
Medeco - one of the premier dental chains in Germany.

The initial net rental yield is 7.6% which will increase to 7.97% upon
implementation of contracted rental uplifts following completion, which is
expected to take place in October.

                                     -ends-

For further information please visit www.carecapital.co.uk or contact:

Paul Stacey, Managing Director
Shareen Courtney, Marketing
CareCapital Group Plc
Tel: [phone]
[e-mail]
[e-mail]

Lindsay Mair, Director - Corporate Finance
Daniel Stewart & Co. Plc
Tel: [phone]
[e-mail] 

Simon Hudson,
Richard Sunderland
Tavistock Communications
Tel: [phone] or 07966 477256
[e-mail]
[e-mail]




                      This information is provided by RNS
            The company news service from the London Stock Exchange