More than half a year after China imposed strict capital controls, the country’s nearly $1 trillion sovereign wealth fund reportedly struck a deal to invest in a prime Times Square office tower. China Investment Corporation’s bid for a 49 percent stake in 1515 Broadway — home to Viacom’s world headquarters and the famed Minskoff Theater, where “The Lion King” performs — valued SL Green’s 54-story asset at nearly $2 billion in the summer of 2017. […]
source https://therealdeal.com/issues_articles/nycs-new-global-investment-fix/#new_tab
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