Endurance Land and Multiplex Advance Landmark Tower, 99 City Road

London 10.08.2026 – Endurance Land, a Member of Nan Fung Group, has formally appointed Multiplex as main contractor for their landmark scheme, 99 City Road, EC1. Construction works will commence in Q3 2026, with practical completion targeted for 2030.

Located at the intersection of Old Street and the City, this 36-storey tower will deliver 475,000 sq ft of commercial space and offer uninterrupted, 360-degree views across London. Designed as a next-generation tower for 4,000 knowledge occupiers, 99 City Road embeds the core principles of sustainability, social value, resilience, adaptability and a tenant-led approach into every layer of the scheme, expanding London’s innovation infrastructure.

Engineered for innovation-led occupiers, the tower offers efficient, flexible floorplates and high-power capacity to suit diverse operational needs. Designed as an environment where teams can thrive, every amenity has been thoughtfully curated to drive collaboration across the entire workday, featuring a triple-height event space, wellness suite, dining and café facilities, conference lounges, private terraces, end-of-trip provisions and a makerspace. In collaboration with the London Borough of Islington, the scheme is committed to social cohesion and positive community impact. This ethos is further exemplified in 99 City Road’s holistic approach to sustainability, where circular economy and whole life thinking align the project with target certifications of BREEAM Outstanding, NABERS 5-star, SmartScore and WiredScore Platinum certifications.

The build contract follows Multiplex’s earlier involvement as Construction Partner under a Pre-Construction Services Agreement and marks Endurance Land’s second major project with this international tier 1 contractor. Following the recent successful delivery of Jahn Court and Brassworks at Regent Quarter, now leased to OpenAI and expected to open in 2027, Multiplex’s formal appointment as main contractor further strengthens a proven track record of delivering complex, high-standard developments.

Richard Rixson, Director at Endurance Land, said:

“The scheme is designed around an idea: a workplace that drives innovation, giving tenants the environment they need to pursue their vision. Appointing Multiplex as main contractor is about more than bringing on a tier-one builder; it is about partnering with a team that truly understands who we are, shares our bold ambition for 99 City Road and consistently executes to the highest standard.

We’re thrilled to be working with Multiplex again – a partnership building on the trust and momentum established at Regent Quarter and a deep understanding of our culture, standards and long-term focus on quality. That complete alignment gives us, and our future occupiers, total confidence as we transition into active construction on a flagship project that will define London for decades to come.”

Callum Tuckett, Managing Director at Multiplex, added:

“We’re delighted to be working with Endurance Land once again on the delivery of 99 City Road. This appointment represents an important step forward for a development that will set a new standard for high-quality workspace in one of London’s most dynamic locations.

Designed for the needs of technology and innovation-led occupiers, the scheme combines flexible, high-performance office space with the infrastructure and amenities needed to support future growth. We look forward to bringing our experience and expertise to the project and working alongside Endurance Land and the wider team to deliver an exceptional outcome.”

Knight Frank was appointed as leasing agent, leveraging its proven expertise on London’s most high-profile developments and deep connectivity to London’s knowledge economy occupier network.

Design Team:

  • Developer: Endurance Land
  • Main Contractor: Multiplex
  • Architect: Kohn Pedersen Fox Associates (KPF)
  • Structural Engineer: AKT II
  • MEP Consultant: Arup
  • Sustainability Consultant: Arup
  • Cost Consultant: Arcadis
  • Facade Consultant: FMDC

About Endurance Land

Endurance Land, a Member of Nan Fung Group, specialises in the refurbishment, development and active management of real estate with a particular focus on creating market leading workspace in Central London.

Endurance Land has an experienced management team and an exemplary track record spanning all property lifecycle from acquisition through development and asset management, with a clear mission to be an industry leader in sustainable and technology- driven development and property investment.

www.enduranceland.com

About Nan Fung Group

Building a Global Stage for Talents from All Walks of Life. From homes to talent hubs, Nan Fung Group has led the industry for decades. Through the development and acquisition of properties internationally, we are expanding our portfolio in unprecedented ways and will continue to flourish as a property and talent developer. With net assets around £11 billion, the Group’s track record in Hong Kong spans over 170 projects comprising over 67 million square feet. The Group also holds a well-diversified financial investment portfolio.

Beyond real estate, the Group fosters innovation through The Mills Fabrica, its Hong Kong and London-based incubation platform that supports and invests in sustainability-focused startups across the techstyle and agrifood sectors, providing entrepreneurs with funding, workspace, industry connections and opportunities to scale globally.

www.nanfung.com

About Multiplex

Multiplex is a leading international contractor with a focus on sustainable growth and a presence in Europe, Canada and Australia. They have been bringing large-scale, complex structures to life for over 60 years. Established in the United Kingdom in 1999, Multiplex has a proven track record of delivering high quality, iconic projects. They have built a reputation in the marketplace for their collaborative, flexible approach – starting with the end in mind, working in partnership with their clients, and maintaining a shared focus on the final goal. Their current workbook across a diverse range of sectors reflects their strong reputation, which has resulted in a high proportion of repeat business. Multiplex became part of the Obayashi Group of companies following its acquisition by the Obayashi Corporation, one of Japan’s largest construction companies, in June 2026.

www.multiplex.global

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