Herman Kok

Herman is an economic geographer with a strong interest in cities, retail, urban mixed use real estate, and urban planning. Geography, maps, and the concept of location and space has been a central element in his career and life.

Herman in married to Tuna Tasan Kok and lives in Antwerp. He works as Head of Research & Analytics at Ellandi in London. Herman owns FERRET Consilium BV, a real estate and urban development research and consultancy management entity based in Amsterdam.


Herman Kok is Ellandi’s Head of Research & Analytics. As Head of Research, Herman is responsible for and involved with all research related activities supporting Ellandi’s strategic, investment, and project decisions. Ellandi is a London-based investment and asset management company focused on shopping centres throughout the UK. Ellandi puts data and insights at the heart of its decision making process.

Before joining Ellandi, Herman was with MARK Capital Management (Meyer Bergman) for four years. MARK Capital Management, known as Meyer Bergman until November 2020, is a Guernsey headquartered  privately held real estate investment management firm with a focus on retail led urban mixed assets with an asset management team based in London. MARK targets well-located urban mixed-use real estate in in core and large secondary cities in Europe and the United States that is under-managed or under-utilised.

Before joining MARK Capital Manageent Ltd, Herman worked 16 years in several functions with Multi Corporation based in the Netherlands. Herman’s main focus was the support of Multi’s international development and investment activities outside the Netherlands, covering markets like Belgium, Germany, France, and Central Europe. Also, he was involved in all research activities linked to Multi’s expansion into Turkey, where Multi developed 13 Forum projects between 2006 and 2015, and Multi launched the Multi Turkey Fund in joint partnership with CPP and Morgan Stanley.

The last 4 years at Multi Herman worked as Head of Research supporting Blackstone’s retail property investment activities from a research perspective after Blackstone acquired Multi in 2013. He transformed Multi research from a more opportunity driven development led tool into a more investor-asset management driven tool relying on an efficient flow of market data and forecasts.

Herman began his career at Kolpron Consultants (Ecorys) in 1997 as real estate consultant in Budapest and got involved in retail and mixed-use projects throughout Central Europe.

Networks & Associations

Herman represents MARK Capital Management in various industry organisations, such as RICS Royal Institute Chartered Surveyors, ULI Urban Land Institute, ECSP European Council Shopping Place, and ICSC International Council Shopping Centers. He is serving member and Chair of the ECSP European Research Group, and Secretary of the Research and Innovation Committee of RICS in the Netherlands.

Furthermore, Herman is well connected to property research networks by being member of the SPR Society Property Researchers, the SLA Society Location Analysts, the IPF Investment Property Forum, and the VOGON Dutch Association Real Estate Researchers.

Herman is appointed as visiting lecturer at the University of Amsterdam – Department Geography, Planning, and International Organisations, and he guest lectures occasionally in the field of real estate and urban planning at State University Groningen, Middle East Technical University Ankara, and Ozyegin University Istanbul.

Herman graduated from State University Groningen in 1993 with a Master in Social Geography with specializations in Economic Geography and Regional Geography. He did an additional specialization in Political Geography at the University of Amsterdam, for which he spent six month at the University of Ulster in Coleraine (Northern Ireland) in the framework of the EU Erasmus program.
Herman defended his PhD, titled Migration in Hungary and Poland, from Urbanisation to Suburbanisation’ in Human Geography at Utrecht University in 1999. This project, under advisorship of Prof.dr. Jan Van Weesep and co-advisorship of dr. Clara H. Mulder, focused on the impact of the transition from a centrally led economic to a market led economic system on the housing market and consequently mobility patterns. The first years after the changes showed a dramatic decrease in mobility linked a general economic uncertainty in which many preferred to stay where they were. Changes and reforms in the housing, including privatization and deregulation of state rental housing further complicated mobility in the initial years as it took time for market practices to start function. Besides, there was shift from urbanization to suburbanization, partly because of higher income households seeking better quality housing in more attractive areas on the edge of the city, and partly because of elderly and low-income households looking for lower cost housing in an inflationist economic context.
Herman received his postgraduate MRE Master Real Estate at UAMS University Antwerp Management School of University Antwerp in 2004 after attending a two year part-time educational program. Research papers included a paper on the prospects of Century Center in Antwerp and the redevelopment of the site of the former Military Hospital in Antwerp into a residential area. Together with four other students, Herman worked on a master case in the context of the Spoor Noord site to bring the Olympics to Antwerp in 2020.