Multiplex emerges as favourite for £400m City tower at 50 Fenchurch Street

50 Fenchurch Street by Eric Parry Architects

Source: DBox / Eric Parry Architects

Scheme by Eric Parry was given planning more than three years ago

Multiplex is emerging as favourite to win the prized deal to build a new tower in the City of London, Building understands.

The firm, which posted an improved profit last year, is understood to have pipped remaining rival Mace to the deal.

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