Westbund Central is an 18.3 million sq ft mixed-use development located along Shanghai's Xuhai Waterfront (Photo: Hongkong Land)
Adidas, a global leader in sports, announced that it will be relocating to West Bund Central, Shanghai. An 18.3 million sq ft mixed-use development with offices and serviced apartments, Westbund Central is located along Shanghai's Xuhai Waterfront. It is one of Hongkong Land's most significant single investments.
Adidas will be the sole tenant in the building, and will occupy the entire space of around 348,750 sq ft across 18 floors. The handover of the building is scheduled to take place in 1Q2026, with full occupancy expected by 4Q2026.
The lease is among the largest Grade-A office deals in Shanghai since 2023.
Adidas' new headquarters at Westbund Central will accommodate over 1,500 employees and house various facilities, including a whole-floor gym (Photo: Hongkong Land)
Stuart Grant, executive director and chief executive of Westbund Central, noted that 850,356 sq ft of the office space at Westbund Central has already been leased in the past 12 months, which is more than any other developer.
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Adidas’ new office will accommodate more than 1,500 employees. It will include various staff facilities such as a whole-floor gym. The office is also near the Adidas Runbase, the brand's first 24/7 public running hub in China. This has been Shanghai's premier running destination for over a decade.
“This relocation signifies our commitment to deepen and drive growth in adidas’ development in Shanghai and China,” said Adidas' managing director of Greater China, Adrian Siu.