Allegra acquires two homes in Cambridgeshire and Suffolk

Allegra Flowers

Allegra Care, a UK-focused care home operator, and Moorfield Group, a UK specialist real estate fund manager acting on behalf of Moorfield Real Estate Fund IV (Moorfield), have completed the acquisition of two nursing, dementia and care homes in Cambridgeshire and Suffolk from Alysia Caringadding a further 133 beds to the partnership’s nursing, dementia and care homes portfolio.

 

Cherry Blossom, an 80-bed home in Peterborough, Cambridgeshire, and 53-bed Magdalen House in Hadleigh, Suffolk, are modern, fit-for purpose homes with 100% of the beds having accessible wet room ensuites, each allowing for the implementation of Allegra Care’s bespoke household care model. The homes provide a range of care services tailored to residents’ needs, with options for specialist dementia care and 24-hour assisted living. Cherry Blossom and Magdalen House also offer residents a range of community facilities and wellbeing-focused amenities, including spacious lounges and purpose-built gardens.

 

This acquisition is the latest for the joint venture between Allegra Care and Moorfield aimed at creating an initial £125 million portfolio of modern, fit-for-purpose nursing, dementia and care homes across the UK, in areas supported by favourable demographic trends. Following this investment, the partnership now owns seven homes across Hampshire, Cambridge and Suffolk.

 

The acquisition was supported by Allied Irish Bank (AIB) as debt provider.

 

Charles Ferguson Davie, Chief Investment Officer of Moorfield, commented: “The acquisition of these two high-quality homes reflects the partnership’s ongoing intention to expand its ownership of homes in this region of the UK. The local demographics are supportive of the demand for high quality nursing, dementia and care homes and our partnership with Allegra Care is intended to take advantage of our combined investment and operational expertise to provide exceptional levels of care to the residents.”

 

Helen Jones, Chief Executive Officer of Allegra, commented: “We are very pleased to confirm the addition of Cherry Blossom and Magdalen House to our portfolio. Both are modern, attractive, warm homes with good reputations and strong standards of service. We welcome our new colleagues to the Allegra Care team. We thank our due diligence partners for their efforts. The acquisition was a tremendous end to 2021 for Allegra Care.”

Catherine
Sales Manager

Catherine has worked in sales and marketing her whole career, after graduating with a degree in Textile Management she worked in Corporate Workwear for many years. Catherine’s first role in the care sector was working with a disability charity that ran nursing homes and enablement projects for young adults.

Catherine

While her two children were younger, she joined her husband in his estate agency, but was delighted to return to the care sector in 2020 and now cannot imagine doing anything else.

Catherine’s role with Allegra is to support residents and their families as they explore care options. Working with the teams in the individual homes she ensures that during every stage from initial enquiry through to moving in with us every question is answered, and we offer the reassurance needed for the next chapter in our resident’s life. It is important for our residents to remain part of the community in which will have lived for years, often all their lives, so the other part of this role is connecting with local community groups, charities and organisations.

Catherine has said that working for Allegra with their groundbreaking household model means we are offering a home with compassion and care whilst ensuring residents are retaining their independence and quality of life.

Out of work Catherine enjoys baking and gardening The children are older now, but still keep her busy!

Paul Thomas
Regional Manager - Western Region

Paul has joined Allegra Care with 28 years’ experience in the health and social care sector including working in senior leadership roles for the last 18 years; covering operations, business management and quality assurance. Paul has a real passion for person centred care and how that is delivered at the highest level.

Allegra Team Paul Thomas

Paul has worked across a diverse sector over his time in health and social care and brings a wealth of experience to his new role as Regional Manager. Paul believes in integrating real and meaningful values and culture into a service and in doing so, delivering the outcomes for the people we support. Paul goes by the theory of values with no meaning, have no value.

Outside of work, Paul is the father of three boys and a 2nd degree black belt who teaches Judo.