Burges Salmon has advised abrdn on a funding package arranged by Brotherton Real Estate to Clearbell Property Partners IV LP, a fund managed by Clearbell Capital LLP, to support a £34 million acquisition of industrial assets from UK property investment firm Palace Capital plc.
John Joyce has announced he will stand down as managing partner of Addleshaw Goddard next April, a year ahead of the end of his current term, 10 years after he was first elected and at the end of his 25th anniversary as a partner in the business.
Measures to protect tenants through the cost of living crisis, including the 3% rent cap and additional eviction protections, will be extended for a further period of up to six months following a vote by MSPs.
A proposal to increase the minimum unit price (MUP) of alcohol by 15 pence per unit to 65 pence is included in a new consultation on the future of the public health policy.
Highlands and Islands Enterprise (HIE) has received £11 million in an out-of-court settlement relating to the original design and construction of the Cairngorm funicular railway in the 1990s and early 2000s and guarantees in place with the previous operator.
The corporate group at Burges Salmon has advised Cytomos, an Edinburgh-based life science company, on a £4m funding package to support the development of cell analysis solutions for the biopharma industry and fast-track novel therapies to market.