Fivelements to shut Times Square spa amid quibbles over rent, as uncertainty about Hong Kong’s recovery stymies businesses

Fivelements Habitat, which provides yoga, spa treatments and plant-based cuisine, is shutting its Times Square wellness centre in Causeway Bay after two years of operation, as it failed to agree with its landlord Wharf Reic on the terms of its lease renewal.The centre, located on level 13A of Times Square’s Tower One, will cease operating at 6pm on September 30, ahead of the expiry of its lease in December, according to a notice to customers.“We were reaching an inflection point where we’re…