Management Team


Stuart J. Black Bsc.
40 years real estate experience and Independent consultancy

Stuart J. Black, is a professional with over four decades of global real estate and investment experience with proficiencies specifically within the investment advisory and risk analysis arena.
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Before joining ICON, Stuart previously held senior board and management positions within some of the leading names in global real estate which has awarded him a truly whole of market understanding. His in-depth knowledge of transacting, developing through to disposal brings that edge when identifying opportunities, optimising returns and minimising riskthroughout the value chain in real estate investing.
Stuart is a proven industry expert with a respected reputation and holds a Bachelor of Science in Land Economics.
Martin Berchtold M.E
20 years of financial service experience

Martin is an innovative professional with experiences spanning the globe, gaining exposure to asset development, capital intensive, management consulting, private equity and venture capital projects.
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His track record includes the co-founding of a large Student Housing Fund, and is acting CEO. Previous experiences include roles as Partner and CEO of asset development and management consulting firms. Martin’s focus and interest has been in the pre-project phase; delivering robust optimisation and risk mitigation to projects. Martin has been responsible for managing projects, and asset portfolios within the real estate, telecom, healthcare, and clean tech sectors. He possesses an analytical and diagnostic approach, focusing on tangible and intangible aspects to achieve sustainable outcome. Martin holds a Master in Economics from the Stockholm School of Business and System Management at Royal Institute of Technology in Stockholm.


Anouk Ceulemans M.E.I.B.
20 years of real estate experience

Anouk is a professional with over 20 years of financial services experience with proficiencies specifically within the alternative investment, commercial credit, and real estate investment advisory. Her expertise in real estate extends into underwriting, credit analysis, debt restructuring and portfolio management.
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Anouk is well experienced in the Benelux real estate market having served for more than a decade in real estate management.
Her primary role was the building of real estate portfolios by means of acquiring or constructing, awarding her a regarded track record in the real estate sector. Anouk is a driven manager with a passion for commercial success, and holds a master degree in economics and international business.

Stuart J. Black Bsc.
40 years real estate experience and Independent consultancy

Stuart J. Black, is a professional with over four decades of global real estate and investment experience with proficiencies specifically within the investment advisory and risk analysis arena.
More Information
Before joining ICON, Stuart previously held senior board and management positions within some of the leading names in global real estate which has awarded him a truly whole of market understanding. His in-depth knowledge of transacting, developing through to disposal brings that edge when identifying opportunities, optimising returns and minimising riskthroughout the value chain in real estate investing.
Stuart is a proven industry expert with a respected reputation and holds a Bachelor of Science in Land Economics.

Martin Berchtold M.E
20 years of financial service experience

Martin is an innovative professional with experiences spanning the globe, gaining exposure to asset development, capital intensive, management consulting, private equity and venture capital projects.
More Information
His track record includes the co-founding of a large Student Housing Fund, and is acting CEO. Previous experiences include roles as Partner and CEO of asset development and management consulting firms. Martin’s focus and interest has been in the pre-project phase; delivering robust optimisation and risk mitigation to projects. Martin has been responsible for managing projects, and asset portfolios within the real estate, telecom, healthcare, and clean tech sectors. He possesses an analytical and diagnostic approach, focusing on tangible and intangible aspects to achieve sustainable outcome. Martin holds a Master in Economics from the Stockholm School of Business and System Management at Royal Institute of Technology in Stockholm.

Anouk Ceulemans M.E.I.B.
20 years of real estate experience

Anouk is a professional with over 20 years of financial services experience with proficiencies specifically within the alternative investment, commercial credit, and real estate investment advisory. Her expertise in real estate extends into underwriting, credit analysis, debt restructuring and portfolio management.
More Information
Anouk is well experienced in the Benelux real estate market having served for more than a decade in real estate management.
Her primary role was the building of real estate portfolios by means of acquiring or constructing, awarding her a regarded track record in the real estate sector. Anouk is a driven manager with a passion for commercial success, and holds a master degree in economics and international business.
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11-13 Boulevard de la Foire 1528 Luxembourg
Grand Duchy of Luxembourg