Astronomical rent rise risks global shift
So The Globe is on the move. It is facing a massive rent increase with its lease expiring in November and general manager Tony Cooper has resigned himself to the fact that the Hollywood Road pub, which has been in that spot for 14 years, will have to move.
'I'm paying HK$77,000 a month at the moment and he wants HK$135,000. It's just un-doable for me. Business is good, but I can't spring another HK$50,000 from nowhere,' he said. Cooper can't find a suitable alternative yet. 'It's a neighbourhood bar. It wouldn't translate very well to Wan Chai.'
That means you may only have a couple of months to try his latest beverage, hand-pulled real ale. 'It's micro-brewed on Lantau by this guy named Pierre. It's the first time anyone in Hong Kong has done real ale. Everything else in town is pasteurised. Real ale is alive. It still has yeasts in it, brewing. That's why the flavour is massive.'