Lendlease and Multiplex caught up in Melbourne lockdown

melbourne 3

New restrictions in Australia’s second city follows rise in number of covid cases

Contractors including Lendlease and Multiplex are set to see revenues shrink as Melbourne implements tough new covid-19 restrictions.

Lendlease is currently working on the Victorian government’s $A11bn (£6bn) Melbourne Metro tunnel project, while Multiplex is working on several commercial and residential towers across the city including the $A900m (£486m) 100-storey Australia 108 tower and the first stage of a multi-tower, mixed-use scheme called Melbourne Square worth $A490m (£264m).

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