Fu Shibiao family puts The Bauhinia Hotel up for sale, whole building valued at $880 million

The Fu Shibiao family is putting The Bauhinia Hotel, a whole building at 20 Granville Road, Tsim Sha Tsui, up for sale, with a market value of about $880 million, jointly appointed Sinomark Capital and CBRE as exclusive sales agents. The hotel rises 17 storeys with a 6-storey podium, was converted in 2016, has a total gross floor area of about 45,348 sq ft and offers 81 guest rooms, equivalent to about $19,400 per sq ft.