Multiplex

Multiplex has been appointed to build the City of London’s newest skyscraper. Fifty Fenchurch Street will provide around 60,400 square metres of office space in the heart of the financial district. Multiplex did not divulge the value of the job but data provider Glenigan estimates it is worth £400m. The new…

Multiplex has almost trebled its profit in Europe after a “strong” year. The London-based arm of the Australian contracting giant reported pre-tax profit of £31m for the 12 months to 31 December 2023. This was up from £11.1m in the previous year, and just £2.6m in 2021. Revenue rose by…

Multiplex has started construction work on a 50-storey residential tower at Bankside Yards by the River Thames in central London. The Australian contractor is working with building-frame subcontractor Keltbray and facade subcontractor Scheldebouw on the 250-flat tower, which is part of the £3bn Bankside Yards regeneration led by developer Native…

A planning application is being drawn up for a 54-storey tower in the City of London to replace a 1970s-built block that is home to the HQ of Multiplex Europe. The City of London Corporation this month received preliminary notification of the proposal, which would see a new 240 metre-high…

Multiplex topped the contracts league table for the first time in more than two-and-a-half years in September, thanks to two London wins, according to data compiled by construction intelligence provider Glenigan. The Australian multinational landed the £450m main contract for the super-prime St John’s Wood Square project, which involves demolition…

Galliford Try topped the June contractor’s league table for the first time in more than four years, thanks to a road improvement scheme in Gloucestershire. The firm landed the M5 Junction 10 scheme, which involves building two new slip roads, as well as a new link road connecting the A4019…

Multiplex has won a contract for 345 luxury apartments at the former BBC Television Centre site in west London. The job, understood to be worth £220m, will involve constructing two residential blocks designed by dRMM and Allford Hall Monagham Morris. Main construction work is expected to start next year and…

Multiplex’s pre-tax profit has more than quadrupled despite a four-month-long work freeze on its £900m One Nine Elms site. Construction News revealed last January that workers were leaving the bumper site in droves after developer R&F Properties failed to pay Multiplex. That shutdown meant revenue was “further suppressed”, according to…

Multiplex is set to win a £200m job for a major refurbishment at Broadgate in the City of London. The Australian contractor is expected to sign a contract to refurbish and extend the 13-story building at One Exchange Square, overlooking one of the City’s largest public spaces. The refurbishment design,…

R&F Properties’ troubled One Nine Elms site in London is due to be completed in November 2023. Last week, Chinese developer R&F agreed a £772m funding package for the site, enabling a full workforce to return to work for the first time since January. The project, which is based in…