FRI Leases in Scotland: How a Schedule of Condition Can Limit Tenant Repair Liability
In the Scottish commercial property market, full repairing and insuring (“FRI”) leases remain the most common leasing
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Thorntons' Commercial Real Estate team
Thorntons' Commercial Real Estate team offer comprehensive legal services across Scotland, specialising in buying, selling, leasing, development, and construction. With one of the largest dedicated teams in the Scottish market, the firm provides expert advice tailored to developers, investors, landlords, tenants, and corporate clients.
Commercial Real Estate News and Insights
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Upwards-only Rent Reviews: What Could Change for Scottish Commercial Leases?
Rent reviews are a well-established feature of commercial leases, allowing landlords to adjust rent payments to match
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Partial Assignation of a Commercial Lease in Scotland: When is it Worth Considering?
Most commercial real estate practitioners in Scotland will be familiar with the assignation of a whole lease. When a
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As the Commonwealth Games Wrap Up, what Happens when the "Winner" isn't who you Expected?
With the Commonwealth Games placing Glasgow in the spotlight, it is a useful moment to consider another arena in which
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Construction Retention Reform: Key Risks of Performance Bonds
In an earlier article on the UK Government's late payment consultation, I explained why the proposed ban on retention in
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Design Responsibility in Construction Contracts: Avoiding the Fitness for Purpose Trap
In the words of Meat Loaf, “Two out of three ain’t bad”. In 2017, however, the Supreme Court unanimously disagreed.
Desig
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The Shed or the Location: How Scottish Logistics Occupiers Are Rethinking the Lease Decision
Finding modern logistics space in Scotland is becoming harder near the Central Belt. For occupiers, the challenge is no
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Buying a pharmacy in Scotland. Five legal tips every buyer should know
Buying a pharmacy in Scotland can be an exciting step for any pharmacist. It can also be a complex legal process. Unlike
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Rates Revaluation 2026 in Scotland. Can I reduce my rates bill?
From 1 April 2026, the latest Valuation Roll, for non-domestic/business properties across Scotland will be accessible on
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Termination in construction contracts isn’t leverage
In construction contracts, many people assume that well-crafted termination clauses will fully protect them from
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New Identity Verification and Filing Requirements under the Economic Crime and Corporate Transparency Act 2023
Introduction
The UK Government is introducing significant corporate transparency reforms under the Economic Crime and
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Scots Law vs English Law in Finance: What you need to know
When navigating banking and finance in the UK, understanding the distinctions between Scots law and English law is