Multiplex

Pre-tax profit at Multiplex Construction Europe fell by more than a third last year although turnover grew by 16 per cent, according to the contractor’s latest annual accounts. It made a pre-tax profit of £19.6m for the year to 31 December 2024, down by 37 per cent on the previous…

A single mammoth contract for HS2 work propelled Costain to the top of December’s league table, according to construction industry data specialist Glenigan. Work will begin in the first quarter of the year on the £400m job to deliver critical lineside mechanical and electrical systems for the high-speed rail link.…

Multiplex has won the shell and core contract on the £450m St John’s Wood Square development in Westminster. The 5.5-acre scheme will see the former St John’s Wood Barracks turned into a prime 179-home development. The Australian multinational had already been working with client St John’s Wood Square Development under…

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 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 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…