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Kauko Viitanen is a professor of real estate economics and valuation at the Dept. of Built Environment at Aalto University, D.Sc., FRICS, Head of the Dept. since 2001. Former associate prof. of land management, 40 years work experience in public and private sector. Prof. Viitanen is/has been chair of the Board of Real Estate Valuation at the Chamber of Commerce, the Finnish Association for Real Estate Valuation, the Doctoral Program for Built Environment, and the Com. 9, Valuation and Management of Real Estate at the International Federation of Surveyors. His interest areas are in real estate economics, valuation, land management, land policy, real estate development, plan implementation, property taxation, and future studies.