Hong Kong’s gyms, dojos and fitness centres close, leaving landlords with up to 500,000 sq ft of vacant real estate

• Space likely to be vacated by gyms and other fitness facilities being put out of business by the fifth wave of coronavirus may be 350,000 to 500,000 sq ft
• Fitness centres have lost at least US$127.83 million in revenue since the city ordered gyms to close in early January, leaving many on the brink of collapse