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.