David Davidson, the chair of Cushman & Wakefield’s Scottish business and head of capital markets Scotland, has announced plans to retire in March following a 31-year career with the firm.
Davidson joined Cushman & Wakefield in 1992 to lead what was then Healey & Baker’s Scottish business space department and was promoted to salaried partner in 1995 and equity partner in 2001. He headed up the firm’s Edinburgh office and was made managing director in 2007 before becoming an international partner and chair of Scotland following the 2015 merger with DTZ.
During his career, Davidson advised on more than £1.4bn of transactions, including more than 30 in Scotland larger than £20m.
Davidson said: “I have been extremely fortunate to lead on so many varied transactions in my career, during which time the Scottish and UK investment landscape has evolved enormously. That has always provided fresh and interesting opportunities, challenges, and new ways in which to support clients. While that has been rewarding on a professional level, I consider my biggest achievement has been leading and building teams, and helping new talent develop and progress their careers at Cushman & Wakefield.”
Stephen Bibby, who has been with the firm for more than 17 years and personally completed more than £200m of investment transactions in the last two years for clients, is taking over the head of capital markets Scotland role from Davidson.
Jon Leedham, head of Cushman & Wakefield’s UK regional network, said: “David can be very proud of his career as one of Scotland’s foremost investment agents and as a senior leader in our business. His track record speaks for itself, but his career is also notable for his professionalism, attention to his clients and colleagues – especially in helping others make the most of their talent – and good humour throughout. We wish him a very enjoyable retirement. In Stephen, we have the ideal successor as head of capital markets Scotland with the expertise to take forward the team and continue providing our investor clients with value-adding insight.”
