Bank of China has made a deal to buy a Manhattan office building for nearly $600 million - The Wall Street Journal is reporting.
With a total area of 470,000 square feet on 28 floors, the glassed office block is at the intersection of 40th Street and Sixth Avenue. According to data firm Real Capital Analytics, Chinese investors have spent more than $5 billion on New York City properties since early 2013, up from less than $300 million in 2012.
To see listing and email addresses of investors from China similar to Bank of China, check the Chinese Investors Directory
More details follows from the Wall Street Journal