Multiplex

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…

Multiplex has returned a full-capacity workforce to its One Nine Elms site in London after securing new investment. Developer R&F has received £772m of funding from four separate lenders, according to ReactNews. It would be the first time that the £900m site has returned to full capacity since January, when…

Multiplex UK has returned to profit post-pandemic after posting a 32 per cent rise in revenue in 2021. The contractor’s UK operation, Multiplex Construction Europe Limited, posted a £2.6m pre-tax profit for the year to end-December 2021, compared with a loss of £158.6m for the same period of 2020. The…