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

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Lululemon, a popular Canadian athletic apparel retailer, has recently announced that they have signed a lease for a whole office block at Westbund Central in Shanghai, a mixed-use development by Hongkong Land. The company’s China Store Support Centre, which is the corporate headquarters for its operations in Mainland China, will now operate from a five-storey office block at Westbund Central with a spacious area of 96,800 square feet from October 27. According to San Yan Ng, the managing director for Lululemon China, this move to Westbund Central is a significant step forward for the company in China, as it provides them with a home that truly reflects their purpose and culture. Stuart Grant, the executive director and chief executive of Westbund Central, also expressed his excitement about this new addition to the development, as it will provide Lululemon staff with access to a premium interconnected workspace in the heart of Westbund Central. This is not the first time a sports retailer has leased space at Westbund Central, as Adidas announced in August that they will be leasing an 18-storey building with 348,750 square feet of office space at the development. The handover of the building is scheduled to take place in the first quarter of 2026, with full occupancy expected by the fourth quarter of the same year. Westbund Central, an impressive US$8 billion (approximately $10.4 billion) development, features about 1.7 million square meters of prime mixed-use space along Shanghai’s Xuhui waterfront. With 240,000 square meters of retail space, 650,000 square meters of Grade A office space, 160,000 square meters of luxury residences, two hotels operated by Mandarin Oriental Group, and over 50,000 square meters of cultural and art venues, it is set to become one of the most sought-after commercial developments in the region.