David Davidson, chair of Cushman & Wakefield’s Scottish business and head of capital markets in Scotland, will retire in March after a 31-year career with the firm.
He will be succeeded as head of capital markets by Stephen Bibby.
Davidson joined the property services firm in 1992 to lead what was then Healey & Baker’s Scottish business space department. He was promoted to salaried partner in 1995, equity partner in 2001 - by which time he was running the Edinburgh office - and managing director in 2007.