{"id":3559,"date":"2023-06-01T11:09:00","date_gmt":"2023-06-01T08:09:00","guid":{"rendered":"https:\/\/sijoitusmetsat.fi\/uncategorized\/new-report-1995-2022-inflation-adjusted-forest-estate-prices-have-risen-by-as-much-as-160-percent\/"},"modified":"2026-09-24T09:03:58","modified_gmt":"2026-09-24T06:03:58","slug":"new-report-1995-2022-inflation-adjusted-forest-estate-prices-have-risen-by-as-much-as-160-percent","status":"publish","type":"post","link":"https:\/\/sijoitusmetsat.fi\/en\/research-and-publications\/new-report-1995-2022-inflation-adjusted-forest-estate-prices-have-risen-by-as-much-as-160-percent\/","title":{"rendered":"New report 1995\u20132022: inflation-adjusted forest property prices have risen by as much as 160 per cent"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Investing in forest properties is a strong choice against inflation.<\/p>\n<style>.wp-block-kadence-advancedheading.kt-adv-heading3377_11eaba-5c, .wp-block-kadence-advancedheading.kt-adv-heading3377_11eaba-5c[data-kb-block=\"kb-adv-heading3377_11eaba-5c\"]{font-style:normal;}.wp-block-kadence-advancedheading.kt-adv-heading3377_11eaba-5c mark.kt-highlight, .wp-block-kadence-advancedheading.kt-adv-heading3377_11eaba-5c[data-kb-block=\"kb-adv-heading3377_11eaba-5c\"] mark.kt-highlight{font-style:normal;color:#f76a0c;-webkit-box-decoration-break:clone;box-decoration-break:clone;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}.wp-block-kadence-advancedheading.kt-adv-heading3377_11eaba-5c img.kb-inline-image, .wp-block-kadence-advancedheading.kt-adv-heading3377_11eaba-5c[data-kb-block=\"kb-adv-heading3377_11eaba-5c\"] img.kb-inline-image{width:150px;vertical-align:baseline;}<\/style>\n<h2 class=\"kt-adv-heading3377_11eaba-5c wp-block-kadence-advancedheading\" data-kb-block=\"kb-adv-heading3377_11eaba-5c\">Precise information on forest property price development<\/h2>\n\n<p class=\"wp-block-paragraph\">The continuous and rapid rise in forest property prices during the 2000s has provided an excellent hedge against inflation, according to a recent report by Suomen Sijoitusmets\u00e4t. Timber prices have also risen faster than inflation. However, pulpwood prices have only begun to outpace inflation within the last ten years.  <\/p>\n\n<p class=\"wp-block-paragraph\">While future inflation protection from forest property investment cannot be predicted, the report covering 1995\u20132022 speaks for itself.<\/p>\n\n<p class=\"wp-block-paragraph\">\u201cForest land prices rose steadily until 2019, after which the growth in average prices per hectare clearly accelerated. Since 1995, the price of forest land has risen by a total of 215 per cent, or an average of 4.3 per cent per year,\u201d says <strong>Eero Viitanen<\/strong>, Head of Forest Information at Suomen Sijoitusmets\u00e4t. <\/p>\n<style>.wp-block-kadence-advancedheading.kt-adv-heading3377_389eb3-97, .wp-block-kadence-advancedheading.kt-adv-heading3377_389eb3-97[data-kb-block=\"kb-adv-heading3377_389eb3-97\"]{font-style:normal;}.wp-block-kadence-advancedheading.kt-adv-heading3377_389eb3-97 mark.kt-highlight, .wp-block-kadence-advancedheading.kt-adv-heading3377_389eb3-97[data-kb-block=\"kb-adv-heading3377_389eb3-97\"] mark.kt-highlight{font-style:normal;color:#f76a0c;-webkit-box-decoration-break:clone;box-decoration-break:clone;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}.wp-block-kadence-advancedheading.kt-adv-heading3377_389eb3-97 img.kb-inline-image, .wp-block-kadence-advancedheading.kt-adv-heading3377_389eb3-97[data-kb-block=\"kb-adv-heading3377_389eb3-97\"] img.kb-inline-image{width:150px;vertical-align:baseline;}<\/style>\n<h2 class=\"kt-adv-heading3377_389eb3-97 wp-block-kadence-advancedheading\" data-kb-block=\"kb-adv-heading3377_389eb3-97\">The rise in forest property prices has been particularly strong in recent years<\/h2>\n\n<p class=\"wp-block-paragraph\">When the impact of inflation is removed from price development, the per-hectare prices of forest properties have risen by 160 per cent in real terms between 1995 and 2022. This corresponds to an average annual growth of 2.7 per cent. <\/p>\n\n<p class=\"wp-block-paragraph\">The price level of forest properties rose especially at the end of the review period. The most recent real annual change from 2021 to 2022 was 6.8 per cent. <\/p>\n\n<p class=\"wp-block-paragraph\">In a recent <a href=\"https:\/\/www.maaseuduntulevaisuus.fi\/metsa\/3d2ff451-bf0f-4834-b6b9-a769b387a9de\">Maaseudun Tulevaisuus article<\/a>, Viitanen explains the factors behind the 2023 Market Price Index compiled by Suomen Sijoitusmets\u00e4t. Currently, the index shows a seven per cent price increase on an annual basis. <\/p>\n<style>.kb-image3377_a90e28-94 .kb-image-has-overlay:after{opacity:0.3;}<\/style>\n<figure class=\"wp-block-kadence-image kb-image3377_a90e28-94 size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"550\" src=\"https:\/\/sijoitusmetsat.fi\/wp-content\/uploads\/2026\/09\/mml_kh_khi_20230419.avif\" alt=\"Hectare prices, stumpage prices and consumer prices\" class=\"kb-img wp-image-3378\" srcset=\"https:\/\/sijoitusmetsat.fi\/wp-content\/uploads\/2026\/09\/mml_kh_khi_20230419.avif 900w, https:\/\/sijoitusmetsat.fi\/wp-content\/uploads\/2026\/09\/mml_kh_khi_20230419-300x183.avif 300w, https:\/\/sijoitusmetsat.fi\/wp-content\/uploads\/2026\/09\/mml_kh_khi_20230419-768x469.avif 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><\/figure>\n<style>.wp-block-kadence-advancedheading.kt-adv-heading3377_b773d1-8e, .wp-block-kadence-advancedheading.kt-adv-heading3377_b773d1-8e[data-kb-block=\"kb-adv-heading3377_b773d1-8e\"]{font-style:normal;}.wp-block-kadence-advancedheading.kt-adv-heading3377_b773d1-8e mark.kt-highlight, .wp-block-kadence-advancedheading.kt-adv-heading3377_b773d1-8e[data-kb-block=\"kb-adv-heading3377_b773d1-8e\"] mark.kt-highlight{font-style:normal;color:#f76a0c;-webkit-box-decoration-break:clone;box-decoration-break:clone;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}.wp-block-kadence-advancedheading.kt-adv-heading3377_b773d1-8e img.kb-inline-image, .wp-block-kadence-advancedheading.kt-adv-heading3377_b773d1-8e[data-kb-block=\"kb-adv-heading3377_b773d1-8e\"] img.kb-inline-image{width:150px;vertical-align:baseline;}<\/style>\n<h2 class=\"kt-adv-heading3377_b773d1-8e wp-block-kadence-advancedheading\" data-kb-block=\"kb-adv-heading3377_b773d1-8e\">National Land Survey and Luke data: logs held their value better than pulpwood<\/h2>\n\n<p class=\"wp-block-paragraph\">Nominally, the stumpage price level rose by 68 per cent during the review period, or an average of 1.9 per cent per year. Adjusted for inflation, the price level rose by 12 per cent, or 0.3 per cent per year. With inflation accelerating, real stumpage prices already fell 2.4 per cent in 2022.  <\/p>\n\n<p class=\"wp-block-paragraph\">Differences between timber assortments can be found when the average stumpage price development is divided between logs and pulpwood.<\/p>\n\n<p class=\"wp-block-paragraph\">The price development for logs was clearly better. Log prices rose nominally by 87 per cent, or 2.3 per cent per year. Log price development was also positive in real terms throughout the entire period, whereas the combined price development for pine, spruce, and birch pulpwood was faster than inflation only during the last ten years.  <\/p>\n\n<p class=\"wp-block-paragraph\">The report also compared timber price development and inflation.<\/p>\n\n<p class=\"wp-block-paragraph\">Stumpage prices, which describe the price of roundwood, fluctuated more annually than forest property prices, but as a whole, stumpage price development during the review period rose fairly steadily in line with the consumer price index.<\/p>\n<style>.wp-block-kadence-advancedheading.kt-adv-heading3377_a2840c-b6, .wp-block-kadence-advancedheading.kt-adv-heading3377_a2840c-b6[data-kb-block=\"kb-adv-heading3377_a2840c-b6\"]{font-style:normal;}.wp-block-kadence-advancedheading.kt-adv-heading3377_a2840c-b6 mark.kt-highlight, .wp-block-kadence-advancedheading.kt-adv-heading3377_a2840c-b6[data-kb-block=\"kb-adv-heading3377_a2840c-b6\"] mark.kt-highlight{font-style:normal;color:#f76a0c;-webkit-box-decoration-break:clone;box-decoration-break:clone;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}.wp-block-kadence-advancedheading.kt-adv-heading3377_a2840c-b6 img.kb-inline-image, .wp-block-kadence-advancedheading.kt-adv-heading3377_a2840c-b6[data-kb-block=\"kb-adv-heading3377_a2840c-b6\"] img.kb-inline-image{width:150px;vertical-align:baseline;}<\/style>\n<h2 class=\"kt-adv-heading3377_a2840c-b6 wp-block-kadence-advancedheading\" data-kb-block=\"kb-adv-heading3377_a2840c-b6\">The forest property market picks up towards summer<\/h2>\n\n<p class=\"wp-block-paragraph\">The first quarter of the year is traditionally the quietest time in the forest property market. In January\u2013March of this year, the most properties came onto the market in March. During the quarter, more properties were put up for sale than in the same period in 2021 or 2022, but fewer than in 2020.  <\/p>\n\n<p class=\"wp-block-paragraph\">The atmosphere in the forest property market is clearly calmer than, for example, in the housing market, which has experienced a shock in terms of both demand and price levels.<\/p>\n\n<p class=\"wp-block-paragraph\">\u201cThe forest property market has had a much easier time. Early summer is traditionally a busy time in the forest property market. Now we are waiting with interest to see how trading begins and at what price,\u201d Viitanen says.  <\/p>\n<style>.wp-block-kadence-advancedbtn.kb-btns3377_3ccc78-02{gap:var(--global-kb-gap-xs, 0.5rem );justify-content:flex-start;align-items:center;}.kt-btns3377_3ccc78-02 .kt-button{font-weight:normal;font-style:normal;}.kt-btns3377_3ccc78-02 .kt-btn-wrap-0{margin-right:5px;}.wp-block-kadence-advancedbtn.kt-btns3377_3ccc78-02 .kt-btn-wrap-0 .kt-button{color:#555555;border-color:#555555;}.wp-block-kadence-advancedbtn.kt-btns3377_3ccc78-02 .kt-btn-wrap-0 .kt-button:hover, .wp-block-kadence-advancedbtn.kt-btns3377_3ccc78-02 .kt-btn-wrap-0 .kt-button:focus{color:#ffffff;border-color:#444444;}.wp-block-kadence-advancedbtn.kt-btns3377_3ccc78-02 .kt-btn-wrap-0 .kt-button::before{display:none;}.wp-block-kadence-advancedbtn.kt-btns3377_3ccc78-02 .kt-btn-wrap-0 .kt-button:hover, .wp-block-kadence-advancedbtn.kt-btns3377_3ccc78-02 .kt-btn-wrap-0 .kt-button:focus{background:#444444;}<\/style>\n<div class=\"wp-block-kadence-advancedbtn kb-buttons-wrap kb-btns3377_3ccc78-02\"><style>ul.menu .wp-block-kadence-advancedbtn .kb-btn3377_ccda5d-8e.kb-button{width:initial;}<\/style><a class=\"kb-button kt-button button kb-btn3377_ccda5d-8e kt-btn-size-standard kt-btn-width-type-auto kb-btn-global-inherit kt-btn-has-text-true kt-btn-has-svg-false wp-block-button__link wp-block-kadence-singlebtn\" href=\"https:\/\/sijoitusmetsat.fi\/en\/news\/\"><span class=\"kt-btn-inner-text\">Read more forest news<\/span><\/a><\/div>\n<style>.kb-row-layout-wrap.wp-block-kadence-rowlayout.kb-row-layout-id2710_d0f9ed-2c{margin-top:50px;margin-bottom:0px;}.kb-row-layout-id2710_d0f9ed-2c > .kt-row-column-wrap{align-content:start;}:where(.kb-row-layout-id2710_d0f9ed-2c > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:start;}.kb-row-layout-id2710_d0f9ed-2c > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);padding-top:0px;padding-bottom:0px;grid-template-columns:minmax(0, 1fr);}.kb-row-layout-id2710_d0f9ed-2c{border-bottom:1px solid var(--global-palette7, #EDF2F7);}.kb-row-layout-id2710_d0f9ed-2c > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id2710_d0f9ed-2c > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}@media all and (max-width: 1024px){.kb-row-layout-id2710_d0f9ed-2c{border-bottom:1px solid var(--global-palette7, #EDF2F7);}}@media all and (max-width: 767px){.kb-row-layout-id2710_d0f9ed-2c > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}.kb-row-layout-id2710_d0f9ed-2c{border-bottom:1px solid var(--global-palette7, #EDF2F7);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id2710_d0f9ed-2c alignnone wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-1-columns kt-row-layout-equal kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-top\">\n<style>.kadence-column2710_7f8591-a0 > .kt-inside-inner-col,.kadence-column2710_7f8591-a0 > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column2710_7f8591-a0 > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2710_7f8591-a0 > .kt-inside-inner-col{flex-direction:column;}.kadence-column2710_7f8591-a0 > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2710_7f8591-a0 > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2710_7f8591-a0{position:relative;}@media all and (max-width: 1024px){.kadence-column2710_7f8591-a0 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2710_7f8591-a0 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2710_7f8591-a0\"><div class=\"kt-inside-inner-col\"><\/div><\/div>\n\n<\/div><\/div><style>.kb-row-layout-id2710_371f1f-b1 > .kt-row-column-wrap{align-content:start;}:where(.kb-row-layout-id2710_371f1f-b1 > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:start;}.kb-row-layout-id2710_371f1f-b1 > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);padding-top:30px;padding-bottom:0px;grid-template-columns:minmax(0, 1fr);}.kb-row-layout-id2710_371f1f-b1 > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id2710_371f1f-b1 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}@media all and (max-width: 767px){.kb-row-layout-id2710_371f1f-b1 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id2710_371f1f-b1 alignnone wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-1-columns kt-row-layout-equal kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-top\">\n<style>.kadence-column2710_c39a29-04 > .kt-inside-inner-col,.kadence-column2710_c39a29-04 > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column2710_c39a29-04 > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2710_c39a29-04 > .kt-inside-inner-col{flex-direction:column;}.kadence-column2710_c39a29-04 > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2710_c39a29-04 > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2710_c39a29-04{position:relative;}@media all and (max-width: 1024px){.kadence-column2710_c39a29-04 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2710_c39a29-04 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2710_c39a29-04\"><div class=\"kt-inside-inner-col\"><style>.wp-block-kadence-advancedheading.kt-adv-heading2710_c17fe6-ab, .wp-block-kadence-advancedheading.kt-adv-heading2710_c17fe6-ab[data-kb-block=\"kb-adv-heading2710_c17fe6-ab\"]{font-style:normal;}.wp-block-kadence-advancedheading.kt-adv-heading2710_c17fe6-ab mark.kt-highlight, .wp-block-kadence-advancedheading.kt-adv-heading2710_c17fe6-ab[data-kb-block=\"kb-adv-heading2710_c17fe6-ab\"] mark.kt-highlight{font-style:normal;color:#f76a0c;-webkit-box-decoration-break:clone;box-decoration-break:clone;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}.wp-block-kadence-advancedheading.kt-adv-heading2710_c17fe6-ab img.kb-inline-image, .wp-block-kadence-advancedheading.kt-adv-heading2710_c17fe6-ab[data-kb-block=\"kb-adv-heading2710_c17fe6-ab\"] img.kb-inline-image{width:150px;vertical-align:baseline;}<\/style>\n<h2 class=\"kt-adv-heading2710_c17fe6-ab wp-block-kadence-advancedheading\" data-kb-block=\"kb-adv-heading2710_c17fe6-ab\">Let\u2019s talk about forest investment<\/h2>\n\n\n<style>.wp-block-kadence-advancedheading.kt-adv-heading2710_d00705-b7, .wp-block-kadence-advancedheading.kt-adv-heading2710_d00705-b7[data-kb-block=\"kb-adv-heading2710_d00705-b7\"]{font-style:normal;}.wp-block-kadence-advancedheading.kt-adv-heading2710_d00705-b7 mark.kt-highlight, .wp-block-kadence-advancedheading.kt-adv-heading2710_d00705-b7[data-kb-block=\"kb-adv-heading2710_d00705-b7\"] mark.kt-highlight{font-style:normal;color:#f76a0c;-webkit-box-decoration-break:clone;box-decoration-break:clone;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}.wp-block-kadence-advancedheading.kt-adv-heading2710_d00705-b7 img.kb-inline-image, .wp-block-kadence-advancedheading.kt-adv-heading2710_d00705-b7[data-kb-block=\"kb-adv-heading2710_d00705-b7\"] img.kb-inline-image{width:150px;vertical-align:baseline;}<\/style>\n<p class=\"kt-adv-heading2710_d00705-b7 wp-block-kadence-advancedheading\" data-kb-block=\"kb-adv-heading2710_d00705-b7\">Want to know what this means for your forest assets or investment objectives? Tell us about your situation and one of our experts will be in touch. We always start with analysis, not sales.  <\/p>\n\n\n<style>.kb-row-layout-id2710_97440b-8b > .kt-row-column-wrap{align-content:start;}:where(.kb-row-layout-id2710_97440b-8b > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:start;}.kb-row-layout-id2710_97440b-8b > .kt-row-column-wrap{column-gap:80px;row-gap:var(--global-kb-gap-md, 2rem);padding-top:24px;padding-bottom:0px;grid-template-columns:minmax(0, calc(25% - ((80px * 1 )\/2)))minmax(0, calc(75% - ((80px * 1 )\/2)));}.kb-row-layout-id2710_97440b-8b > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id2710_97440b-8b > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr) minmax(0, 2fr);}}@media all and (max-width: 767px){.kb-row-layout-id2710_97440b-8b > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id2710_97440b-8b alignnone wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-2-columns kt-row-layout-right-golden kt-tab-layout-inherit kt-mobile-layout-row kt-row-valign-top\">\n<style>.kadence-column2710_b26f75-7b > .kt-inside-inner-col,.kadence-column2710_b26f75-7b > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column2710_b26f75-7b > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column2710_b26f75-7b > .kt-inside-inner-col{flex-direction:column;}.kadence-column2710_b26f75-7b > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column2710_b26f75-7b > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column2710_b26f75-7b{position:relative;}@media all and (max-width: 1024px){.kadence-column2710_b26f75-7b > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column2710_b26f75-7b > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column kadence-column2710_b26f75-7b\"><div class=\"kt-inside-inner-col\"><style>.kb-row-layout-id1989_ca3c2b-42 > .kt-row-column-wrap{align-content:start;}:where(.kb-row-layout-id1989_ca3c2b-42 > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:start;}.kb-row-layout-id1989_ca3c2b-42 > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);padding-top:0px;padding-bottom:0px;grid-template-columns:minmax(0, 1fr);}.kb-row-layout-id1989_ca3c2b-42 > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){.kb-row-layout-id1989_ca3c2b-42 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}@media all and (max-width: 767px){.kb-row-layout-id1989_ca3c2b-42 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style><div class=\"kb-row-layout-wrap kb-row-layout-id1989_ca3c2b-42 alignnone wp-block-kadence-rowlayout\"><div class=\"kt-row-column-wrap kt-has-1-columns 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class=\"wp-block-kadence-column kadence-column1989_6700e9-90\"><div class=\"kt-inside-inner-col\"><style>.kb-image1989_927ce8-45.kb-image-is-ratio-size, .kb-image1989_927ce8-45 .kb-image-is-ratio-size{max-width:265px;width:100%;}.wp-block-kadence-column > .kt-inside-inner-col > .kb-image1989_927ce8-45.kb-image-is-ratio-size, .wp-block-kadence-column > .kt-inside-inner-col > .kb-image1989_927ce8-45 .kb-image-is-ratio-size{align-self:unset;}.kb-image1989_927ce8-45{max-width:265px;}.image-is-svg.kb-image1989_927ce8-45{-webkit-flex:0 1 100%;flex:0 1 100%;}.image-is-svg.kb-image1989_927ce8-45 img{width:100%;}.kb-image1989_927ce8-45 .kb-image-has-overlay:after{opacity:0.3;}<\/style>\n<figure class=\"wp-block-kadence-image kb-image1989_927ce8-45 size-hero-mobile\"><img loading=\"lazy\" decoding=\"async\" width=\"480\" height=\"640\" src=\"https:\/\/sijoitusmetsat.fi\/wp-content\/uploads\/2026\/08\/mika-venho-01_768x960-480x640.avif\" alt=\"Mika Venho\" class=\"kb-img wp-image-1996\"\/><\/figure>\n\n\n<style>.wp-block-kadence-advancedheading.kt-adv-heading1989_f82f2e-0e, .wp-block-kadence-advancedheading.kt-adv-heading1989_f82f2e-0e[data-kb-block=\"kb-adv-heading1989_f82f2e-0e\"]{padding-top:0px;margin-top:0px;margin-bottom:8px;font-size:20px;font-weight:600;font-style:normal;font-family:var( --global-heading-font-family, inherit );}.wp-block-kadence-advancedheading.kt-adv-heading1989_f82f2e-0e mark.kt-highlight, .wp-block-kadence-advancedheading.kt-adv-heading1989_f82f2e-0e[data-kb-block=\"kb-adv-heading1989_f82f2e-0e\"] mark.kt-highlight{font-style:normal;color:#f76a0c;-webkit-box-decoration-break:clone;box-decoration-break:clone;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}.wp-block-kadence-advancedheading.kt-adv-heading1989_f82f2e-0e img.kb-inline-image, .wp-block-kadence-advancedheading.kt-adv-heading1989_f82f2e-0e[data-kb-block=\"kb-adv-heading1989_f82f2e-0e\"] img.kb-inline-image{width:150px;vertical-align:baseline;}<\/style>\n<p class=\"kt-adv-heading1989_f82f2e-0e wp-block-kadence-advancedheading\" data-kb-block=\"kb-adv-heading1989_f82f2e-0e\">Mika Venho<\/p>\n\n\n<style>.wp-block-kadence-advancedheading.kt-adv-heading1989_e4a695-af, .wp-block-kadence-advancedheading.kt-adv-heading1989_e4a695-af[data-kb-block=\"kb-adv-heading1989_e4a695-af\"]{margin-bottom:16px;font-weight:400;font-style:normal;font-family:'DM Sans';text-transform:none;}.wp-block-kadence-advancedheading.kt-adv-heading1989_e4a695-af mark.kt-highlight, .wp-block-kadence-advancedheading.kt-adv-heading1989_e4a695-af[data-kb-block=\"kb-adv-heading1989_e4a695-af\"] mark.kt-highlight{font-style:normal;color:#f76a0c;-webkit-box-decoration-break:clone;box-decoration-break:clone;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}.wp-block-kadence-advancedheading.kt-adv-heading1989_e4a695-af img.kb-inline-image, .wp-block-kadence-advancedheading.kt-adv-heading1989_e4a695-af[data-kb-block=\"kb-adv-heading1989_e4a695-af\"] img.kb-inline-image{width:150px;vertical-align:baseline;}<\/style>\n<p class=\"kt-adv-heading1989_e4a695-af wp-block-kadence-advancedheading has-theme-palette-6-color has-text-color\" data-kb-block=\"kb-adv-heading1989_e4a695-af\">Founder and CEO<\/p>\n\n\n<style>.wp-block-kadence-advancedheading.kt-adv-heading1989_3ecac2-f0, .wp-block-kadence-advancedheading.kt-adv-heading1989_3ecac2-f0[data-kb-block=\"kb-adv-heading1989_3ecac2-f0\"]{margin-bottom:8px;font-size:var(--global-kb-font-size-sm, 0.9rem);font-style:normal;}.wp-block-kadence-advancedheading.kt-adv-heading1989_3ecac2-f0 mark.kt-highlight, .wp-block-kadence-advancedheading.kt-adv-heading1989_3ecac2-f0[data-kb-block=\"kb-adv-heading1989_3ecac2-f0\"] mark.kt-highlight{font-style:normal;color:#f76a0c;-webkit-box-decoration-break:clone;box-decoration-break:clone;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}.wp-block-kadence-advancedheading.kt-adv-heading1989_3ecac2-f0 img.kb-inline-image, .wp-block-kadence-advancedheading.kt-adv-heading1989_3ecac2-f0[data-kb-block=\"kb-adv-heading1989_3ecac2-f0\"] img.kb-inline-image{width:150px;vertical-align:baseline;}<\/style>\n<p class=\"kt-adv-heading1989_3ecac2-f0 wp-block-kadence-advancedheading\" data-kb-block=\"kb-adv-heading1989_3ecac2-f0\">MMM, MTI, LKV<\/p>\n\n\n<style>.wp-block-kadence-advancedheading.kt-adv-heading1989_a90430-cb, .wp-block-kadence-advancedheading.kt-adv-heading1989_a90430-cb[data-kb-block=\"kb-adv-heading1989_a90430-cb\"]{margin-bottom:8px;font-size:var(--global-kb-font-size-sm, 0.9rem);font-style:normal;}.wp-block-kadence-advancedheading.kt-adv-heading1989_a90430-cb mark.kt-highlight, 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13:23:11","updated":"2026-09-24 06:20:03","focus_keyword":null,"additional_keywords":null,"truseo_locale":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/sijoitusmetsat.fi\/en\/\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/sijoitusmetsat.fi\/en\/.\/research-and-publications\/\" title=\"Research &amp; publications\">Research &amp; publications<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">\u00bb<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tNew report 1995\u20132022: inflation-adjusted forest property prices have risen by as much as 160 per cent\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/sijoitusmetsat.fi\/en\/"},{"label":"Research &amp; publications","link":"https:\/\/sijoitusmetsat.fi\/en\/.\/research-and-publications\/"},{"label":"New 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