World Gym Signs Second Bangkok Lease, Targets 30 Thai Clubs
Bangkok – October 16, 2026 -- World Gym Corporation (TWSE: 2762), Taiwan's largest fitness operator, has signed a lease for a second Bangkok club of more than 3,000 square meters at S-OASIS, a commercial and office development by SET-listed Singha Estate. The deal is the first phase of a plan to open 30 fitness centers in Thailand within five years.
S-OASIS club is scheduled to open in the first quarter of 2027
The club will serve office workers, corporate tenants and residents of the surrounding urban community. World Gym said the lease reflects its strategy of partnering with established property developers to secure sites in major commercial and mixed-use projects.
John Caraccio, President of World Gym Corporation, called Thailand a "beachhead for growth across Southeast Asia." He said the company is working with major real estate groups, including Singha Estate, to speed up its rollout.