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

London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...

, England. Operating in Australia, India, 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 capital and largest city of the Australian state of Western Australia. It is the fourth most populous city in Australia and Oceania, with a population of 2.1 million (80% of the state) living in Greater Perth in 2020. Perth is ...

, Western Australia by

John Roberts John Glover Roberts Jr. (born January 27, 1955) is an American lawyer and jurist who has served as the 17th chief justice of the United States since 2005. Roberts has authored the majority opinion in several landmark cases, including ''Nati ...

. In December 2003, it listed on the

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

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 Inc. is a Canadian multinational company that is one of the world's largest alternative investment management companies, with over US$725 billion of assets under management in 2022. It focuses on direct contr ...

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 NHS Greater Glasgow and Clyde is an NHS board in West Central Scotland, created from the amalgamation of NHS Greater Glasgow and part of NHS Argyll and Clyde on 1 April 2006. It is the largest health board in both Scotland, and the UK, which c ...

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 A tribunal of inquiry is an official review of events or actions ordered by a government body. In many common law countries, such as the United Kingdom, Republic of Ireland, Ireland, Australia and Canada, such a public inquiry differs from a royal ...

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. The hospital replaced the Royal Hospital for Sick Children (the ''Sick Kids'') in Sciennes. It forms part of the Royal Infirmary of Edinbur ...

. 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,

completed in 1985 * Tuggeranong Hyperdome,

Canberra Canberra ( ) is the capital city of Australia. Founded following the federation of the colonies of Australia as the seat of government for the new nation, it is Australia's largest inland city and the eighth-largest city overall. The ci ...

completed in 1987 *

BankWest Tower 108 St Georges Terrace or South32 Tower (formerly known as the Bankwest Tower, the Bond Tower and the R&I Tower) is a 50-storey office tower in Perth, Western Australia. Completed in 1988, the building measures to its roof and to the tip of ...

completed in 1988 *

Central Park, Perth Central Park is a 51-storey office tower in Perth, Western Australia. The building measures from its base at St Georges Terrace to the roof, and to the tip of its communications mast. Upon its completion in 1992, the tower became the tal ...

completed in 1992 *

Stadium Australia Stadium Australia, currently known as Accor Stadium for sponsorship purposes, is a multi-purpose stadium located in the Sydney Olympic Park, in Sydney, Australia. The stadium, which in Australia is sometimes referred to as Sydney Olympic Stad ...

Sydney Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountain ...

completed in 1999 *

Citigroup Centre, Sydney Citigroup Centre is a skyscraper located on Park Street, Sydney, New South Wales, Australia. The building draws its name from Citigroup Australia who is the anchor tenant. The building is one of the tallest buildings in Australia, however u ...

, completed in 2000 *

Old Swan Brewery The Swan Brewery is a brewing company, whose brewery was located in Perth, Western Australia. History The brewery was established in 1857 by Frederick Sherwood at the foot of what is now Sherwood Court in Perth. The brewery was named for ...

completed in 2001 *

Federation Square Federation Square (colloquially 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 Streets built above busy ra ...

Melbourne Melbourne ( ; Boonwurrung/Woiwurrung: ''Narrm'' or ''Naarm'') is the capital and most populous city of the Australian state of Victoria, and the second-most populous city in both Australia and Oceania. Its name generally refers to a met ...

completed in 2002 * Flinders Wharf,

completed in 2003 *

Perth Convention & Exhibition Centre The Perth Convention and Exhibition Centre is a privately owned convention centre located 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 fac ...

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 and is linked by a covered walkway to The S ...

Queensland ) , nickname = Sunshine State , image_map = Queensland in Australia.svg , map_caption = Location of Queensland in Australia , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , established_ ...

, completed in 2004 *

Latitude In geography, latitude is a 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 the south pole to 90° at the north pol ...

completed in 2005 * Melbourne Convention Centre,

completed in 2009 * Brookfield Place, Perth, completed in 2012 *

Swanston Academic Building The Swanston Academic building is an RMIT building designed by the architecture firm Lyons and is located on Swanston Street in Melbourne Melbourne ( ; Boonwurrung/Woiwurrung: ''Narrm'' or ''Naarm'') is the capital and most populous cit ...

, 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. ...

completed in 2013 *

Prima Pearl Prima Pearl (also referred to as Pearl Tower and Prima Tower) is a residential skyscraper completed in 2014, in the Southbank precinct of Melbourne, Victoria, Australia. As of 2022, the skyscraper is the seventh–tallest building in Melbour ...

completed in 2014 * 1 William Street, Brisbane 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 Met ...

completed in 2016 *

Perth Stadium Perth Stadium, currently known as Optus Stadium for sponsorship reasons, is a multi-purpose stadium in Perth Perth is the capital and largest city of the Australian state of Western Australia. It is the fourth most populous city in A ...

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 r ...

, Melbourne completed in 2020

United Kingdom

Wembley Stadium Wembley Stadium (branded as Wembley Stadium connected by EE for sponsorship reasons) is a football stadium in Wembley, London. It opened in 2007 on the site of the Wembley Stadium (1923), original Wembley Stadium, which was demolished from 200 ...

completed in 2007 * Strata SE1,

completed in 2010 *

Peterborough City Hospital Peterborough City Hospital is an acute teaching hospital on the Edith Cavell Healthcare Campus serving the city of Peterborough, north Cambridgeshire, areas of east Northamptonshire and Rutland. It is managed by North West Anglia NHS Foundation ...

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

completed in 2014 *

Glasgow Glasgow ( ; sco, Glesca or ; gd, Glaschu ) is the most populous city in Scotland and the fourth-most populous city in the United Kingdom, as well as being the 27th largest city by population in Europe. In 2020, it had an estimated popul ...

opened in 2015 *

Principal Place Principal Place is an office development at the eastern end of Worship Street, Shoreditch, London. The main entrance is approached from Shoreditch High Street. It is a 15-storey office block designed by Foster and Partners. In July 2014, it ...

completed in 2018 * 22 Bishopsgate, London completed in 2020 * 100 Bishopsgate, London completed in 2020 *

Edinburgh Edinburgh ( ; gd, Dùn Èideann ) is the capital city of Scotland and one of its 32 Council areas of Scotland, council areas. Historically part of the county of Midlothian (interchangeably Edinburghshire before 1921), it is located in Lothian ...

completed 2021

Middle East

Emirates Towers The Emirates Towers ( ar, أبراج الإمارات) 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 ...

Dubai Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of ...

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 world's second 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. Histo ...

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 grani ...

North Shore City North is one of the four compass points or cardinal directions. It is the opposite of south and is perpendicular to east and west. ''North'' is a noun, adjective, or adverb indicating direction or geography. Etymology The word ''north'' is ...

, completed in 2008 *

Deloitte Centre The Deloitte Centre is a skyscraper office tower located in Auckland, New Zealand. Built between 2006–2009, it contains 18 levels of offices as well as 4 basement car parks and 3 levels of plant, and a special two storey high architectural fe ...

Auckland Auckland (pronounced ) ( mi, Tāmaki Makaurau) is a large metropolitan city in the North Island of New Zealand. The List of New Zealand urban areas by population, most populous urban area in the country and the List of cities in Oceania by po ...

completed in 2009

References

External links

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

Brookfield Asset Management official website
Brookfield Asset Management 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 companies based in London Construction and civil engineering companies of England