David Lathwood, chairman of JLL’s North West business, is to leave the property consultancy at the end of this month after 34 years.
Lathwood was appointed chairman last July but had held the role of lead director for the North West for 30 years until Steve Hogg’s appointment in 2019.
He joined agency King & Co’s Manchester office in 1986, having spent several years working in London.
Later, Lathwood became an equity partner at King & Co shortly before the merger with JP Sturge in 1993 which saw the creation of King Sturge.
During this time, he grew the Manchester office from eight consultants to 170.
JLL bought King Sturge for £200m in 2011.
In the North West, Lathwood has advised and led the development, consultancy, sales and marketing of some of the region’s largest schemes, including the sale of the former Warrington Runcorn Development Corporation, Shell’s former Carrington Petrochemical site and AstraZeneca’s Alderley Park research centre.
In the late 1980s, he advised Intercity Property Group on the development and letting of the North West’s first business park, The Towers at Didsbury, and went on to be involved in the redevelopment of Manchester’s Victoria Station and the development of the Manchester Arena in 1991.
Lathwood will continue in several client-side and non-executive roles, including as an advisor at financial firm Rothschild & Co – a role he took up last December – and as non-executive chairman of Landmark Investments.
Chris Ireland, JLL’s UK chief executive, said: “Through a career spanning nearly 40 years, David has built many longstanding relationships with our clients and colleagues and has always been focused on delivering the best results.
“We thank him for his exceptional contribution to the firm and wish him the very best for the future.”
Lathwood added: “It has been a great privilege over the last 34 years to work with some of the biggest names and most talented people in the property industry. In particular, my fellow directors in the North West have been a huge part of my life and I am proud of what we have achieved together.
“The firm has always been able to strike the perfect balance between hard work and hard play. It really has been a lot of fun.
“Steve Hogg is the embodiment of the work ethos and high standards that have been the foundation stone of our business and JLL North West is in the best possible hands to navigate through the current market uncertainty.
“After nearly 40 years on the advisory side of the property industry, it’s definitely time to try something different. Property is in my blood, so I’ll be around for a while yet.”