Multiplex

Multiplex starts fifth building on £1.3bn Glasgow Uni revamp

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Multiplex is set to start building a £300m learning and research building at the University of Glasgow this month. The 27,000 sq m Keystone building in the university’s Gilmorehill campus will feature general learning and teaching areas, dry and wet lab spaces, and high-spec computing labs. It will also provide…

Plans in for 54-storey Multiplex HQ replacement

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Plans have gone in to knock down Multiplex’s City of London headquarters and replace it with a 54-storey tower. Developer Brookfield Properties, Multiplex’s parent company, is proposing to replace the existing 99 Bishopsgate with a new tower that will be more than double its height. If approved, the new 240…

Multiplex bags another London skyscraper

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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’s European profit soars

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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 starts work on £190m South Bank tower

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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…

Multiplex HQ faces demolition under 54-storey City tower plan

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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…

Major London deals help Multiplex top the league table

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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…

Contractor tops league table for first time since 2019

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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 scoops phase 2 of £500m TV centre redevelopment

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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 boosts profit despite shutdown at £900m site

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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…