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
![NewWembleyBuild](https://upload.wikimedia.org/wikipedia/commons/7/7e/NewWembleyBuild.jpg)
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,
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 ...
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 ...
,
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 ...
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 ...
,
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 ...
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,
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 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 ...
,
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 ...
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 ...
,
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 2005
*
Melbourne Convention Centre,
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 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 ...
,
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 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. ...
,
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 ...
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 ...
,
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 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 ...
,
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 ...
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 ...
,
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 ...
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 ...
,
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 ...
completed in 2007
*
Strata SE1,
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 ...
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,
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 ...
completed in 2014
*
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. ...
,
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 ...
,
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 ...
completed in 2018
*
22 Bishopsgate, London completed in 2020
*
100 Bishopsgate, London completed in 2020
*
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 ...
,
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,
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 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
See also
*
List of companies of Australia
This is a list of notable companies based in Australia, a country in Oceania. For further information on the types of business entities in this country and their abbreviations, see " Business entities in Australia".
Australia is a wealthy country ...
References
External links
{{Commons category, Multiplex (company)
Multiplex official websiteBrookfield 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