Summary:
- Ward Group Investments has acquired the £30 million Three Tuns purpose-built student accommodation scheme in Durham city centre from Elvet Residences, expanding its footprint in a key UK student market.
- The Three Tuns scheme integrates the Grade II listed 18th-century coaching inn with three modern residential wings, offering a total of 178 rooms.
- A recent six-figure investment upgraded the scheme with a smart energy management system and air source heat pumps, achieving EPC A ratings for most rooms and enhancing sustainability and compliance.
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