Why the 'affordable living' Wedgewood project in Sandton was canned
Why the ‘affordable living’ Wedgewood project in Sandton was canned Subscribe Listed property group, Balwin Properties, has provided further clarification around its decision to cancel its R1.6 billion Wedgewood apartment building – which aimed to bring affordable units to Sandton. The 20-storey development officially launched sales in November 2020, with plans for construction to start on 1 April. However, on 22 April Balwin confirmed it would not be moving ahead with the project, citing unspecified risks. In presenting its annual results for the year ended 29 February 2021 on Monday, ...