Castleforge, who own Clockwise Offices, has worked with Lloyds banking group on an £180M refinancing via the consolidation of six individuals loans via a single, cross-collateralized facility.

Keep an eye on which banks are loaning, or refinancing loans, for flex-based businesses – and to who.

We don’t usually cover management changes, but these move at the top of Clockwise are fairly noteworthy as Adam MacLeod, one of their original founders (and a Partner at their parent co. Castleforge) stepped into CEO role. In the same week, the firm set a goal of launching another 50 locations across Europe.

The team also welcome Greg Miley into the CCO role, following a flex career that feats well known brands like Desana, WeWork, The Instant Group and Kitt.

Castleforge have announced their first office building acquisition in Germany, noting that they’re looking forward to expanding their coworking brand Clockwise into more so-called ‘secondary cities’ in Germany, and Mainland Europe.

Michael Kovacs joined Caleb Parker on the #WorkBold Podcast to discuss the transformation in office space investments towards flexible workspace solutions, Castleforge’s own flex space brand and their recent white paper.

Warren McGrath shares how Castleforge (a PR real estate investment firm) bought the Bromley Old Town Hall added coworking (Clockwise), a hotel (Brama Hotels) and an eatery (Dorothy and Marshall) during the restoration.

The building was built in 1907, had additions in 1939 and served as a hub for the local community till 2007. In 2009 it was added to Historic England’s Heritage at Risk register, which identifies sites that are most at risk of being lost as a result of neglect, decay or inappropriate development.

Good save Castleforge! Great to see coworking as part of the saving mixture.