She will cease to be a director of the company on 30th September 2022, and then step down from her role as COO on 31st March 2023, following a transitional period.

Colette joined Landsec in 2003 and rose through the ranks to become managing director of the London portfolio in 2014, before being named COO in 2020.

The announcement comes as Landsec is entering the next phase of its growth strategy, which will place an increased emphasis on operational autonomy within individual business units — meaning the role of COO will no longer be critical to business operations.

“I’m proud of the time I’ve worked at Landsec and have enjoyed many great opportunities and experiences,” said Colette.

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“It has been a privilege to work on some fantastic schemes and with some truly brilliant people across our various teams.

“While I’ll miss working alongside them, I know they will carry on going from strength to strength and I look forward to seeing them and Landsec continue to grow.”

Mark Allan, CEO at Landsec, added: “Landsec has been incredibly fortunate to have someone of Colette’s skill, focus and drive at its heart for such a period of time.

“Over her time with us, few people have done more to reshape our business and with it, the city of London.

“Speaking personally, I am immensely grateful for all the support she has shown me, particularly as I joined at the start of the pandemic, which she helped us to navigate with typical clarity and compassion.”