Pure Fitness says unpaid rent dispute with Central branch landlord resolved
A Hong Kong physical fitness chain has said the landlord of its Central branch is no longer pursuing legal action over nearly HK$14 million (US$1.8 million) in unpaid rent, charges and fees, and sought to reassure its customers that all of its gyms were operating as usual.
Pure Fitness said on Saturday it had “amicably resolved” the matter with Champion REIT and all pending legal proceedings had been withdrawn.
“We look forward to sustaining a positive relationship with all our landlords moving forward as we execute on our exciting plans for the future,” a spokesman for Pure said.
Champion REIT filed a writ through CP(SH) Limited against three companies associated with the gym operator in August, alleging Pure Fitness failed to pay rent from April to August for its branch in ICBC Tower in Central.
The five months’ rent amounted to HK$7.55 million, on top of management charges between June to August that totalled about HK$1.61 million.
Related
Who Is Ted Karras’ Pilates Instructor Wife Rachel Karras? Meet…
Whether it’s a bad game, a bad season, or a bad day in general, Cincinnati Bengals offensive lineman Ted Karras has his person to go home to. The Bengals are
Celebrating Fitness and Financial Freedom at Reggae Marathon 2024
NEGRIL, Jamaica – Jamila Souffrant, a prominent figure in personal finance and the creator of the popular Journey to Launch podcast, will participate in her
How This Self Proclaimed Night Owl Transformed Herself Into A…
There are two types of athletes: the 4 a.m. warriors, and those who would rather carry dumbbells all day than work out in the morning. If you asked me three mon
It turns out any exercise is better than no exercise…
Your body was made to move. Exercise provides a range of health benefits, including feel-good endorphins, hormone release, and improved balance and postur
