Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Equity mutual fund inflows rise 18%; SIP growth plateaus for third month
    • Debt mutual fund flows reverse sharply in August; is it a warning sign for investors?
    • Debt funds swing from inflow in July to ₹8,127 crore outflow in August
    • Equity fund inflows jump 19% in August; mid- and small-cap funds investor favourites – Mutual Funds News
    • Top 50 Funds 2026: How we picked our favourite funds
    • SIP Calculator: Rs 10,000 monthly SIP can grow to Rs 3,53,00,000; see returns in 10, 20 and 30 years
    • Spot Bitcoin ETFs shed $166M in two days as investors hit pause after weeks of inflows
    • ‘Conventional Wisdom Isn’t Wise’: Ramsey Tells Retirees to Dump Bonds, The Numbers Back Him Up
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Property Investments»WGI to revive long vacant Durham property
    Property Investments

    WGI to revive long vacant Durham property

    April 26, 2026


    A North East property investment firm is expanding its student accommodation portfolio with the redevelopment of a long-vacant city centre site.

    Ward Group Investments (WGI) has acquired Hopper House on Atherton Street in Durham, securing planning approval to transform the former council office into a 45-bed purpose-built student accommodation scheme. 

    The 18,000sq ft building has stood empty for more than a decade and will now be brought back into use ahead of the 2027 academic year.

    The deal, including completion of a Section 106 agreement, was finalised in just two weeks, enabling the project to move forward at pace. 

    Once complete, the development will feature self-contained studio apartments alongside shared amenities including a gym, cinema room and landscaped study garden. 

    The scheme will also house WGI’s new headquarters within the building.

    Delivered by group company Viaduct Residences Limited, the project follows an extensive planning and consultation process involving Durham County Council, Durham University and City of Durham Parish Council. 

    The aim is to deliver high-quality, sustainable accommodation while easing pressure on the city’s private rental market.

    In addition to internal redevelopment, improvements will be made to the building’s exterior and surrounding public realm, with contributions supporting enhanced pedestrian routes.

    The project team was led by Charles Ward of Ward Group Investments, alongside Jonathan Yates of Howarth Litchfield Architects and Emma Hepplewhite of Lichfields Planning Consultants, with support from Kinetic Consultants, BDN Structural Engineers, Innovation Fire Engineering, Andrew Mosely Consultants and Consult North.

    Charles said: “The scheme achieved unanimous approval from the planning committee which is no mean feat considering the building has been vacant for over a decade – this is a strong endorsement of the collaborative approach we took throughout the planning process.

    “We’ve worked closely with a strong design team to deliver a premium, sustainable development that not only brings a long-vacant building back into use but also supports Durham’s growing demand for purpose-built student accommodation.

    “This scheme reflects our long-term commitment to Durham both through the delivery of best-in-class student living environments and by establishing our own headquarters within the city.

    “We’re excited to move forward into the delivery phase and see the scheme come to life ahead of the 2027 academic year.”

    Construction is scheduled to begin in early summer 2026.

    The acquisition builds on WGI’s recent growth in the sector, following its purchase and upgrade of the 178-bed Three Tuns student accommodation in Durham, as the firm continues to strengthen its presence in the city.

    Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day.


    Find out how Bdaily can help →

    Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Property firm boosts book with business park deal

    September 1, 2026

    Why Busy IT Professionals May Benefit From Using a Buyers Agent for Property Investment

    August 19, 2026

    Commercial property: Stability sells | Law Gazette

    August 5, 2026
    Leave A Reply Cancel Reply

    Top Posts

    SIP Calculator: Rs 10,000 monthly SIP can grow to Rs 3,53,00,000; see returns in 10, 20 and 30 years

    September 10, 2026

    Top 50 Funds 2026: How we picked our favourite funds

    September 10, 2026

    Equity mutual fund inflows rise 18%; SIP growth plateaus for third month

    September 10, 2026

    ‘Conventional Wisdom Isn’t Wise’: Ramsey Tells Retirees to Dump Bonds, The Numbers Back Him Up

    September 10, 2026
    Don't Miss
    Mutual Funds

    Equity mutual fund inflows rise 18%; SIP growth plateaus for third month

    September 10, 2026

    SIP contributions stood at ₹32,297 crore | Photo Credit: The Hindu Net inflows into equity…

    Debt mutual fund flows reverse sharply in August; is it a warning sign for investors?

    September 10, 2026

    Debt funds swing from inflow in July to ₹8,127 crore outflow in August

    September 10, 2026

    Equity fund inflows jump 19% in August; mid- and small-cap funds investor favourites – Mutual Funds News

    September 10, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Analysis:Investors flee thematic ETFs as stock benchmarks soar

    October 22, 2024

    Vanguard To Give 50M Clients Access To Crypto Products

    December 2, 2025

    Multi cap mutual funds attract over ₹18,000 cr in H1 2026 as investors bet on diversified equity exposure

    August 2, 2026
    Our Picks

    Equity mutual fund inflows rise 18%; SIP growth plateaus for third month

    September 10, 2026

    Debt mutual fund flows reverse sharply in August; is it a warning sign for investors?

    September 10, 2026

    Debt funds swing from inflow in July to ₹8,127 crore outflow in August

    September 10, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.