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Top News In Balwin Propertie Today - Breaking & Trending Today

Pretoria 'beach' owners sink plans for hotel, despite R3m planning costs

Pressure from homeowners’ association sees Blyde Riverwalk development return to core family, security values ....

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Why the 'affordable living' Wedgewood project in Sandton was canned

Why the ‘affordable living’ Wedgewood project in Sandton was canned
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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, the group clarified that these risks are tied to low sales conversions and a new construction method it had planned to implement with the Wedgewood and other ‘Lifestyle’ brands. ....

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