Aveng and developer at loggerheads over Sandton skyscraper
09 January 2020 - 20:18
The developer of the R3bn Leonardo mixed-use development in the heart of Sandton has terminated infrastructure and resources group Aveng’s contract to build Africa’s tallest building, in a dispute about delays.
Aveng said on Thursday it had received a notice to terminate the contract for the construction of the Leonardo, a high-rise residential, hotel and retail complex in the centre of Johannesburg’s financial district, from property company Seventy Five on Maude — a partnership between Nedbank and real estate developer Legacy Group...
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