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Newcastle office block to become major innovation centre after being bought by Chinese investors

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Cookies on this website This website Gloucester gay hostel cookies. TusPark is in the process of buying Maybrook House and hopes to buy another Newcastle site in the future. Once the deal is completed, the firm is planning to occupy the first two floors of the site where it will focus on strengthening links between UK and Chinese companies.

The facilities at Maybrook House will include meeting rooms, presentation areas, and teleconference equipment so meeting can be held with those in China.

Maybrook House currently has a number of corporate tenants but Prof Xiong said TusPark would not be looking to remove them from the office space. However, he added that as the centre expanded it would look to occupy the rest of the 4,sq m office, after tenants vacated. TusPark operates an international network of science parks, incubator projects and business enterprises from over locations.

The innovation centre is designed to provide funding and collaboration for firms working in subsea technology, life sciences, healthcare and creative industries. TusPark will provide will operate its own fund but will also promote joint ventures with Chinese businesses. The centre will also help promote the North East by providing facilities in the UK that can be used by Chinese businesses. TusPark will be looking to develop companies that can Maybrook house South Shields in the creation of the One Belt, One Road project - major infrastructure network of road and rail routes and oil and gas pipelines that will span 65 Male to male escort Hayes countries.

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By Jonathon Manning. Maybrook House on Grainger Street Image: Newcastle Chronicle Get the biggest Sputh stories by email Subscribe We will use your email address only for sending you newsletters. ❶Safe in Tees Valley. Our specialty: Banks And Financial Institutions If you have an personal experience with us please write a review. We use cookies to optimise your experience on our website.

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TusPark is in the process of buying Maybrook House and hopes to buy Maybrook House on Grainger Street (Image: Newcastle Chronicle) the US, South Korea and Russia - is in the process of buying Maybrook. 20,tonne- a-year recycling station plans approved in South TynesideEarlier this year.