Lululemon Leases Entire Office Block Hongkong Land’s Westbund Central Shanghai

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Popular Canadian athletic wear retailer, Lululemon, has recently signed a lease for an entire office building in the Westbund Central mixed-use development in Shanghai by Hongkong Land. The company’s China Store Support Centre, which serves as the corporate headquarters for its Mainland China operations, will take up five floors and a total of 96,800 square feet of space starting October 27. According to San Yan Ng, managing director for Lululemon China, this move is a significant step for the company in China as it provides a home that embodies its purpose and culture. Stuart Grant, executive director and chief executive of Westbund Central, also expressed his excitement for Lululemon’s new China Store Support Centre, which will offer its staff a premium interconnected workspace in the heart of the development. Lululemon is not the first sports retailer to lease space at Westbund Central, as Adidas had announced in August that it would be leasing an 18-storey building with 348,750 square feet of office space. The building is expected to be completed by the first quarter of 2026 and fully occupied by the fourth quarter of the same year. Westbund Central, with an investment of $10.4 billion, offers a total of 1.7 million square meters of prime mixed-use space along Shanghai’s Xuhui waterfront. The development includes retail space, Grade A offices, luxury residences, hotels operated by Mandarin Oriental Group, and cultural and art venues.