Multiplex numbers blunted by problem job

multiplex

Firm sees margins hit by unnamed scheme after turnover jumps to £1.2bn

The gloss was taken off Multiplex’s numbers last year with the firm taking a hit on a scheme for which it said it has been forced to make a provision of £10m.

The firm behind Foster + Partners’ Principal Place resdiential scheme on the Shoreditch fringe is working on a string of tower schemes in the capital, including the City’s tallest block, the 278m high 22 Bishopsgate tower, the 50-storey One Blackfriars residential job at the southern end of Blackfriars Bridge and the 56-storey One Nine Elms job coming out of the ground at Battersea.

This is premium content

Only logged in subscribers have access to it.

Login or Subscribe to view this story

Existing subscriber? LOGIN OR

Take out a Premium or Digital subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

Get access to premium content subscribe today

Alternatively REGISTER for free access on selected stories and sign up for email alerts.