Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Australian (ASX) Diversified REITs Industry Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies11
  • 7D-1.5%
  • 3M1.5%
  • 1Y19.8%
  • YTDn/a

Over the last 7 days, the Diversified REITs industry has dropped 1.5%, driven by declines in Stockland and GPT Group of 1.9% and 2.5%, respectively. Meanwhile, Centuria Capital Group actually outperformed within the industry, gaining 6.3% in the last week. Over the past 12 months, the industry was up 20%. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

Has the Australian Diversified REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Nov 2025AU$53.3bAU$9.0bAU$1.6b26.4x33.4x5.9x
Thu, 16 Oct 2025AU$53.5bAU$9.0bAU$1.6b26.3x33.5x5.9x
Sat, 13 Sep 2025AU$54.9bAU$9.0bAU$1.6b27.7x34.4x6.1x
Mon, 11 Aug 2025AU$50.8bAU$8.9b-AU$501,298,000.0023.7x-101.4x5.7x
Wed, 09 Jul 2025AU$48.4bAU$8.9b-AU$822,984,000.0018.2x-58.8x5.5x
Fri, 06 Jun 2025AU$48.5bAU$8.9b-AU$822,984,000.0017.5x-58.9x5.5x
Sun, 04 May 2025AU$46.8bAU$8.9b-AU$822,984,000.0015.4x-56.9x5.3x
Tue, 01 Apr 2025AU$42.8bAU$8.9b-AU$822,984,000.0014.5x-52x4.8x
Thu, 27 Feb 2025AU$44.5bAU$8.7b-AU$864,662,000.0019.6x-51.5x5.1x
Sat, 25 Jan 2025AU$42.6bAU$8.6b-AU$1,906,271,000.0020.7x-22.3x5x
Mon, 23 Dec 2024AU$41.5bAU$8.6b-AU$1,906,271,000.0020.7x-21.7x4.8x
Wed, 20 Nov 2024AU$44.4bAU$8.6b-AU$1,906,271,000.0021.4x-23.3x5.2x
Fri, 18 Oct 2024AU$46.3bAU$8.6b-AU$1,906,271,000.0022.7x-24.3x5.4x
Sun, 15 Sep 2024AU$46.2bAU$8.6b-AU$1,906,271,000.0021.1x-24.2x5.4x
Tue, 13 Aug 2024AU$39.5bAU$8.2b-AU$1,481,528,000.0044.4x-26.6x4.8x
Thu, 11 Jul 2024AU$36.9bAU$7.5b-AU$1,335,063,000.0042x-27.7x5x
Sat, 08 Jun 2024AU$39.8bAU$7.5b-AU$1,335,063,000.0045.4x-29.8x5.3x
Mon, 06 May 2024AU$38.8bAU$7.5b-AU$1,335,063,000.0043.6x-29.1x5.2x
Wed, 03 Apr 2024AU$43.1bAU$7.5b-AU$1,335,063,000.0048.3x-32.3x5.8x
Fri, 01 Mar 2024AU$40.2bAU$7.5b-AU$1,330,346,000.0044.4x-30.2x5.4x
Sun, 28 Jan 2024AU$39.0bAU$7.6bAU$4.8m23.6x8139.3x5.1x
Tue, 26 Dec 2023AU$40.2bAU$7.6bAU$4.8m24.2x8400.2x5.3x
Thu, 23 Nov 2023AU$35.9bAU$7.6bAU$4.8m21.8x7502.9x4.7x
Sat, 21 Oct 2023AU$34.2bAU$7.6bAU$4.8m20.2x7143.3x4.5x
Mon, 18 Sep 2023AU$38.0bAU$7.6bAU$4.8m21.9x7935.3x5x
Wed, 16 Aug 2023AU$38.4bAU$7.9bAU$2.5b10.9x15.6x4.8x
Fri, 14 Jul 2023AU$42.4bAU$8.6bAU$3.4b8.8x12.4x4.9x
Sun, 11 Jun 2023AU$41.3bAU$8.6bAU$3.4b8.6x12.1x4.8x
Tue, 09 May 2023AU$44.8bAU$8.6bAU$3.4b8.8x13.1x5.2x
Thu, 06 Apr 2023AU$42.0bAU$8.6bAU$3.4b8.7x12.3x4.9x
Sat, 04 Mar 2023AU$43.0bAU$8.6bAU$3.4b10x12.6x5x
Mon, 30 Jan 2023AU$44.6bAU$9.6bAU$6.5b7.2x6.9x4.6x
Wed, 28 Dec 2022AU$42.2bAU$9.6bAU$6.5b6.7x6.5x4.4x
Fri, 25 Nov 2022AU$42.6bAU$9.6bAU$6.5b7x6.6x4.4x
Price to Earnings Ratio

6.6x


Total Market Cap: AU$42.6bTotal Earnings: AU$6.5bTotal Revenue: AU$9.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Diversified REITs Industry Price to Earnings3Y Average 1128.5x202320242025
Current Industry PE
  • Investors are pessimistic on the Australian Diversified REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 33.4x which is lower than its 3-year average PE of 1kx.
  • The 3-year average PS ratio of 5.1x is lower than the industry's current PS ratio of 5.9x.
Past Earnings Growth
  • The earnings for companies in the Diversified REITs industry have declined 37% per year over the last three years,
  • Revenues have also declined 2.3% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Australian Diversified REITs compare with similar industries?

AU Market-1.55%
Real Estate-2.47%
REITS-1.51%
Diversified REITs-1.51%
Specialized REITs0.16%
Hotel and Resort REITs0%0
Office REITs-0.55%
Retail REITs-1.79%
Healthcare REITs-3.42%
Industrial REITs-4.10%
Residential REITs-4.80%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CNI Centuria Capital GroupAU$2.386.3%
+AU$116.2m		32.2%PB2.6x
CHC Charter Hall GroupAU$22.230.4%
+AU$42.6m		44.7%PB3.9x
APZ Aspen GroupAU$5.222.6%
+AU$29.6m		117.5%PB2.2x
TOT 360 Capital REITAU$0.411.3%
+AU$1.1m		-1.2%PB0.7x

Latest News

SGP
AU$6.17
Stockland
7D
-1.9%
1Y
19.8%

SGP: Modest Discount Rate Shift Will Maintain Fair Valuation Ahead

Analysts have slightly reduced their price target for Stockland from $6.30 to $6.29, citing minor adjustments to discount rate assumptions and updated financial forecasts. Valuation Changes Fair Value: Decreased marginally from A$6.30 to A$6.29.
GPT
AU$5.48
GPT Group
7D
-2.5%
1Y
17.8%

GPT: Improved Profit Margin Forecasts Will Support Fair Value Outlook

Analysts have raised their price target on GPT Group from $5.68 to $5.79. They cited improved profit margin forecasts and a slight uptick in revenue growth expectations as key factors behind the revision.
MGR
AU$2.26
Mirvac Group
7D
-1.3%
1Y
6.6%

MGR: Operating Earnings Forecast Will Support Stable Outlook Into Fiscal 2026

Analysts have raised their price target for Mirvac Group slightly, from $2.45 to $2.47. They cite small improvements in fair value estimates and a marginally lower discount rate, despite subdued revenue growth projections.
APZ
AU$5.22
Aspen Group
7D
2.6%
1Y
117.5%
CNI
AU$2.38
Centuria Capital Group
7D
6.3%
1Y
32.2%
REP
AU$0.59
RAM Essential Services Property Fund
7D
-0.8%
1Y
-3.3%
TOT
AU$0.41
360 Capital REIT
7D
1.3%
1Y
-1.2%
CLW
AU$4.16
Charter Hall Long WALE REIT
7D
-2.6%
1Y
6.7%

Government And Blue-Chip Tenants Will Secure Future Rental Stability

The slight increase in Charter Hall Long WALE REIT's future P/E multiple indicates a modestly improved earnings outlook, leading to a small upward revision in the consensus analyst price target from A$4.31 to A$4.41. What's in the News Announced ordinary dividend of AUD 0.06375 per share for the quarter ended September 30, 2025.
CHC
AU$22.23
Charter Hall Group
7D
0.4%
1Y
44.7%

Australia's Population Boom And E-Commerce Will Shape Real Estate Markets

Charter Hall Group's consensus price target and key financial metrics, including Future P/E and Net Profit Margin, all saw only marginal improvements, indicating a stable valuation outlook with the fair value estimate rising slightly from A$21.22 to A$21.62. What's in the News Charter Hall Group increased its final franked dividend and distribution to 2.43¢ on CHPT units and 21.95¢ on CHL shares for FY25, up from 2.30¢ and 20.70¢, respectively, in FY24.
GOZ
AU$2.52
Growthpoint Properties Australia
7D
-1.9%
1Y
-0.4%