Two of Melbourne’s wealthiest businessmen are at war, with billionaire investor Alex Waislitz accusing property developer Tim Gurner of attempting to cover up the poor construction of a luxury St Kilda tower.
Mr Gurner began marketing the Saint Moritz development in 2019, with the building boasting a 25-metre indoor pool, bar, library, cinema and private working spaces known as Chairman’s Lounges. The spa, according to marketing material, includes a floatation pod and a cryogenic chamber.
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Primrose Riordan covers private companies and family offices from the AFR's Sydney newsroom. Primrose was previously a correspondent for the Financial Times and covered foreign affairs and politics in Canberra. Primrose has won multiple awards for her journalism including from The National Press Club, SABEW in the US and Press Gazette in the UK. Message Primrose on Signal: https://tinyurl.com/PrimroseSignal Connect with Primrose on Facebook and Twitter. Email Primrose at primrose.riordan@afr.com
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
