Xcode 11 builds time out

Hi all,

I have just updated our project to Xcode 11.1.0 (also tried 11.2.0) and our build times out when the build phase “Compile Sources” is executed.
Xcode 10.2.0 works fine and that phase takes around 2-3 minutes of course with no timeout, but with Xcode 11 I get the following: Too long with no output (exceeded 10m0s)
I even tried setting the timeout to 20 minutes and it still timed out.
Anyone else had that issue or know what could be done to fix it?

Thanks in advance.

I have the same issue.