Multiplex, the Australian contractor and developer, is considering a secondary listing on the London Stock Exchange to boost its presence in the UK.

Multiplex floated in Australia just over a year ago, and a dual listing would be one way to restructure the UK business which has rapidly expanded over the past two years.

The company has made no secret its determination to become a bigger player in UK development, and last year spent £2.2bn acquiring Chelsfield, the firm founded by property entrepreneur Elliott Bernerd.

Multiplex is already established in the UK construction market, where its projects including the Wembley National Stadium in north-west London, and the White City retail development in west London, which is set to be the UK’s largest shopping centre.

A spokesperson for Multiplex said that chief executive Andrew Roberts was also considering the option of putting the company’s UK assets into a separate investment trust.