A Hong Kong gym chain frequented by the city’s financial elite faces a lawsuit from a landlord alleging missed rent payments.
Pure Fitness is being sued for missed payments of rent and management fees at its facilities in ICBC Tower and Champion Tower in the central business district, a court filing shows. It owes HK$12.7 million ($1.6 million) excluding interest, according to the claim by CP (SH) Ltd.
“We have been having landlord discussions over the last few months as we push for rental reviews during this challenging economic cycle,” Pure Group said in a statement to Bloomberg News.
“Most landlords have been understanding and supportive with deals agreed however, as in this exceptional case, some are yet to be closed out.” https://www.bnnbloomberg.ca/business/international/2024/08/21/hong-kong-gym-catering-to-citys-bankers-sued-for-unpaid-rent/