Puma Property Finance (Puma) has announced that it has facilitated £20 million in loans (£13 million and £7 million) for Zephyr X to develop two new care homes in the South-East.

The projects will create new facilities in areas with a significant shortage of care beds, specifically in Reigate, Surrey, and Whitchurch, Reading.

The £13m loan will deliver an 80-bed all electric new care home in Reigate, Surrey, the site of a former independent hospital. The new home will include amenities such as a hairdresser, cinema/entertainment room, private dining room, café area and a gym. With 100% wet room provision the new home will address the significant shortfall in the well populated Reigate area with only 25% of the existing supply having been built since 2000 and a 474 wet room shortfall1. Construction is underway and the care home is expected to reach practical completion in December 2025.


The £7m loan will deliver a new 45-bed care home in Whitchurch, Reading to address significant demand in the area. In particular, there is a notable shortfall in ensuite wet rooms, with only 29% of the existing supply providing this product. The new care home is being built in a well populated area where the demand for care beds exceeds 800 per 100,000 people1. The home will offer all ensuite wet rooms, plus extensive amenities for residents including lounges, dining rooms, therapy room, hair salon plus a café/bistro. Construction is progressing and the care home is expected to reach practical completion in January 2025.

Puma has now supported Zephyr X on four care home developments.