Consumer
Hong Kong Gym Serving City’s Bankers Is Sued for Unpaid Rent
- Pure Fitness owes more than $1 million, landlord claims
- Lawsuit may raise concerns over tenant liquidity risk, BI says
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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.