Multiplex is an international construction contractor founded in Australia and currently headquartered in

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

, England. Operating in Australia, Canada, Europe and the Middle East, the company specializes in high-rise buildings, studio, high-end residential, mixed-use, education, health and civil infrastructure developments.

History

Multiplex was founded in 1962 in

Perth Perth () is the list of Australian capital cities, capital city of Western Australia. It is the list of cities in Australia by population, fourth-most-populous city in Australia, with a population of over 2.3 million within Greater Perth . The ...

, Western Australia by

John Roberts John Glover Roberts Jr. (born January 27, 1955) is an American jurist serving since 2005 as the 17th chief justice of the United States. He has been described as having a Moderate conservatism, moderate conservative judicial philosophy, thoug ...

. In December 2003, it listed on the

Australian Securities Exchange Australian Securities Exchange Ltd (ASX) is an Australian public company that operates Australia's primary Exchange (organized market), securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or c ...

with the code of MXG, raising a total of A$1.2 billion. Multiplex announced in late November 2006 that it planned to create a European real-estate fund to increase profits. Multiplex posted a preliminary financial report on 22 February 2007 which announced the group's net profit of A$295.6 million. In January 2007 Multiplex faced a takeover bid which caused its share price to jump 17%. The A$4.03 billion proposal was never formally made, and the potential bidder remained anonymous. On 11 June 2007,

Brookfield Asset Management Brookfield Asset Management Ltd. is a Canadian-American alternative asset manager. The company was founded in December 2022 as a spin-off of the asset management operations of Brookfield Corporation. At its inception, the company was headquarter ...

proposed an acquisition of Multiplex which valued the company at approximately A$7.3 billion. The offer to shareholders of $5.05 per security was supported by the Multiplex board of directors, including the Roberts family, who sold their 26% ownership of Multiplex to Brookfield. The offer also proved popular with investors, with Brookfield rapidly acquiring 90% ownership of the company by 31 October 2007. Brookfield acquired the remaining 10% of Multiplex securities and delisted the company from the Australian Securities Exchange in November 2007. Brookfield published a statement to ASX outlining its intentions following the acquisition of Multiplex. The company rebranded to its original name of Multiplex in 2016, while still remaining a Brookfield company. In 2020, Multiplex made a pre-tax loss of £158.6m. The company closed its sites in late March 2020, after lockdown was introduced.

Operations

As of September 2022, Multiplex employed approximately 2,700 people globally.

Controversies

In 2019, legal action was launched against the company by

NHS Greater Glasgow and Clyde The National Health Service (NHS) is the term for the publicly funded healthcare systems of the United Kingdom: the National Health Service (England), NHS Scotland, NHS Wales, and Health and Social Care (Northern Ireland) which was create ...

over problems in the construction and design of the

Queen Elizabeth University Hospital The Queen Elizabeth University Hospital (QEUH) is a 1,677-bed acute hospital located in Govan, in the south-west of Glasgow, Scotland. The hospital is built on the site of the former Southern General Hospital and opened at the end of April 2015 ...

. A public inquiry was also launched in 2019, looking at the QEUH and the delayed

Royal Hospital for Children and Young People The Royal Hospital for Children and Young People is a hospital that specialises in paediatric healthcare based in Edinburgh Edinburgh is the capital city of Scotland and one of its 32 Council areas of Scotland, council areas. The city is ...

. The inquiry is intended to examine "how serious problems relating to key building systems and infrastructure occurred, and what steps can be taken to prevent these in future projects". In January 2020, NHS Greater Glasgow and Clyde was reported to be seeking £73m in compensation from Multiplex over building problems at QEUH. In August 2020, Multiplex was identified as the slowest payer among major UK contractors, taking more than 50 days on average to settle its bills. Multiplex also built the Victopia apartment building in Auckland, New Zealand, which became the subject of New Zealand's largest-ever leaky building claim. Rather than pay fines and deal with the problems created by this and other shoddy building work, Multiplex put their local business into voluntary liquidation and left the New Zealand market.

Major projects

Australia

Burswood Casino Crown Perth (formerly Burswood Island Casino, Burswood Island Complex and Burswood Entertainment Complex) is a resort and casino located in Burswood, Western Australia, Burswood, Western Australia, near the Swan River (Western Australia), Swan ...

completed in 1985 * Tuggeranong Hyperdome,

Canberra Canberra ( ; ) is the capital city of Australia. Founded following the Federation of Australia, federation of the colonies of Australia as the seat of government for the new nation, it is Australia's list of cities in Australia, largest in ...

completed in 1987 *

BankWest Tower 108 St Georges Terrace, also Palace Tower and formerly the South32 Tower, Bankwest Tower, Bond Tower, and R&I Tower, is a fifty-storey office building in Perth, Western Australia. The project was initiated in 1981 and completed in 1988, and th ...

completed in 1988 * Central Park, Perth completed in 1992 *

Stadium Australia Stadium Australia, currently known as Accor Stadium for sponsorship reasons, is a multi-purpose stadium located in the suburb of Sydney Olympic Park, Sydney, New South Wales, Australia. The stadium, which is sometimes referred to as Sydney Ol ...

Sydney Sydney is the capital city of the States and territories of Australia, state of New South Wales and the List of cities in Australia by population, most populous city in Australia. Located on Australia's east coast, the metropolis surrounds Syd ...

completed in 1999 * Citigroup Centre, Sydney, completed in 2000 * Old Swan Brewery,

completed in 2001 *

Federation Square Federation Square (marketed and colloquially known as Fed Square) is a venue for arts, culture and public events on the edge of the Melbourne central business district. It covers an area of at the intersection of Flinders and Swanston Street ...

Melbourne Melbourne ( , ; Boonwurrung language, Boonwurrung/ or ) is the List of Australian capital cities, capital and List of cities in Australia by population, most populous city of the States and territories of Australia, Australian state of Victori ...

completed in 2002 * Flinders Wharf,

completed in 2003 *

Perth Convention & Exhibition Centre The Perth Convention and Exhibition Centre is a privately owned convention centre in Perth, Western Australia. Description The centre has a floor space of and can cater for 5,000 delegates. It contains state-of-the-art technical facilities, ...

completed in 2004 *

Gold Coast Convention & Exhibition Centre The Gold Coast Convention and Exhibition Centre (GCCEC) is located on the Gold Coast Highway in Broadbeach, Queensland, Australia. The venue was opened on 29 June 2004 at a cost of A$167 million. It is linked by a covered walkway to The S ...

Queensland Queensland ( , commonly abbreviated as Qld) is a States and territories of Australia, state in northeastern Australia, and is the second-largest and third-most populous state in Australia. It is bordered by the Northern Territory, South Austr ...

, completed in 2004 *

Latitude In geography, latitude is a geographic coordinate system, geographic coordinate that specifies the north-south position of a point on the surface of the Earth or another celestial body. Latitude is given as an angle that ranges from −90° at t ...

completed in 2005 *

Melbourne Convention Centre The Melbourne Convention and Exhibition Centre (MCEC), colloquially referred to as Jeff's Shed, is a group of three adjacent buildings next to the Yarra River in South Wharf, an inner-city suburb of Melbourne, Victoria, Australia. The venues ar ...

completed in 2009 * Brookfield Place, Perth, completed in 2012 * Swanston Academic Building,

, completed in 2012 *

Fiona Stanley Hospital Fiona Stanley Hospital (FSH) is a state government hospital and teaching facility in Murdoch, Western Australia. Completed in December 2013, the hospital is the largest building project ever undertaken for the Government of Western Australia. I ...

completed in 2013 * Prima Pearl,

completed in 2014 *

1 William Street, Brisbane 1 William Street (colloquially known as the Tower of Power and One Big Willy)

completed in 2016 *

Crown Towers Crown Towers is a hotel skyscraper located in the Southbank precinct of Melbourne, Australia. Built in 1997, the hotel is one of three hotels at the Crown Casino and Entertainment Complex, the others being: Crown Promenade (2003) and Crown Me ...

completed in 2016 *

Perth Stadium Perth Stadium, commercially known as Optus Stadium due to sponsorship reasons, is a multi-purpose stadium in the Burswood, Western Australia, Burswood suburb of Perth, Western Australia. It was completed during late 2017 and officially opened ...

completed in 2018 *

Australia 108 Australia 108 (previously 70 Southbank Boulevard) is a residential supertall skyscraper in the Southbank precinct of Melbourne, Victoria, Australia. Having officially topped out in June 2020, it became the tallest building in Australia by roo ...

, Melbourne completed in 2020

United Kingdom

Wembley Stadium Wembley Stadium, currently branded as Wembley Stadium connected by EE Limited, EE for sponsorship reasons, is an association football stadium in Wembley, London. It opened in 2007 on the site of the Wembley Stadium (1923), original Wembley Sta ...

completed in 2007 *

Strata SE1 Strata SE1 is a , 43-storey, multi-award-winning, skyscraper at Elephant & Castle in the London Borough of Southwark with more than 1,000 residents living in its 408 flats. At the time of its construction, the building, designed by BFLS (form ...

completed in 2010 *

Peterborough City Hospital Peterborough City Hospital is a modern, purpose-built hospital on the Edith Cavell Healthcare Campus serving the city of Peterborough, north Cambridgeshire, areas of east Northamptonshire, areas of south Lincolnshire and Rutland. It is managed b ...

, England completed in 2010 * The Tower - St George Wharf,

completed in 2014 *

Glasgow Glasgow is the Cities of Scotland, most populous city in Scotland, located on the banks of the River Clyde in Strathclyde, west central Scotland. It is the List of cities in the United Kingdom, third-most-populous city in the United Kingdom ...

opened in 2015 * Principal Place,

completed in 2018 *

22 Bishopsgate 22 Bishopsgate is a commercial skyscraper in London, England. Completed in 2020, it occupies a prominent site in Bishopsgate, in the City of London financial district, and stands tall with 62 storeys. The project replaces an earlier plan for a ...

, London completed in 2020 *

100 Bishopsgate 100 Bishopsgate consists of two mixed-use buildings in central London. The buildings are situated on the eastern edge of the City of London financial district. Building 1 on the site is a 40-storey tower comprising five floors of each and 32 of ...

, London completed in 2020 *

Edinburgh Edinburgh is the capital city of Scotland and one of its 32 Council areas of Scotland, council areas. The city is located in southeast Scotland and is bounded to the north by the Firth of Forth and to the south by the Pentland Hills. Edinburgh ...

completed 2021

Middle East

Emirates Towers The Emirates Towers () is a building complex in Dubai that contains the Emirates Office Tower and Jumeirah Emirates Towers Hotel, which are connected by a two-story retail complex known as "The Boulevard". The building is owned by Sheikh Moh ...

Dubai Dubai (Help:IPA/English, /duːˈbaɪ/ Help:Pronunciation respelling key, ''doo-BYE''; Modern Standard Arabic, Modern Standard Arabic: ; Emirati Arabic, Emirati Arabic: , Romanization of Arabic, romanized: Help:IPA/English, /diˈbej/) is the Lis ...

completed in 2000 * The Index,

completed in 2011 * Msheireb Downtown Doha Phase 1C, Qatar completed in 2012 *

JW Marriott Marquis Dubai The JW Marriott Marquis Dubai Hotel is the 87th tallest hotel, a 72-storey, twin-tower skyscraper complex in Dubai, United Arab Emirates. The AED1.8 billion complex features a 1,608-room hotel run by Marriott International. History This pro ...

completed in 2013

New Zealand

Sentinel Sentinel may refer to: Places Mountains * Mount Sentinel, a mountain next to the University of Montana in Missoula, Montana * Sentinel Buttress, a volcanic crag on James Ross Island, Antarctica * Sentinel Dome, a naturally occurring granit ...

North Shore City North Shore City was a territorial authority unit in the Auckland Region of New Zealand that was governed by the North Shore City Council. It existed from 1989 until November 2010, when the council was incorporated into Auckland Council. It ha ...

, completed in 2008 * 80 Queen Street,

Auckland Auckland ( ; ) is a large metropolitan city in the North Island of New Zealand. It has an urban population of about It is located in the greater Auckland Region, the area governed by Auckland Council, which includes outlying rural areas and ...

completed in 2009

References

External links

{{Commons category, Multiplex (company)
Multiplex official website

Brookfield Asset Management official website
Brookfield Corporation Companies based in London Companies formerly listed on the Australian Securities Exchange Construction and civil engineering companies established in 1962 Construction and civil engineering companies of Australia 2003 initial public offerings 2007 mergers and acquisitions Australian companies established in 1962 Construction and civil engineering companies based in London Construction and civil engineering companies of England