Pure Fitness, a chain fitness center in Hong Kong, announced that it has reached a resolution with Champion Real Estate Investment Trust (02778.HK) on the lease agreement of the Industrial and Commercial Bank of China building in Central, all related legal actions have been formally withdrawn.

PURE stated that all branches under the group are operating normally and providing regular services. They look forward to maintaining good relationships with all landlords and implementing a series of exciting plans in the future.

The Central branch of PURE located in the Industrial and Commercial Bank of China building was previously sued by the landlord, CP (SH) Limited under Champion Real Estate Investment Trust, for alleged lease violations. The landlord requested the court to order PURE to repay over 13.586 million yuan in principal and interest, and to compensate for the lease violations. The plaintiff alleged that PURE failed to pay the rent for April to May this year, and also owed miscellaneous fees such as management fees, arrears, and new member taxes from June to August.