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Australian (ASX) Office REITs Industry Analysis

UpdatedJun 12, 2026
DataAggregated Company Financials
Companies6
  • 7D7.3%
  • 3M-3.0%
  • 1Y-14.4%
  • YTDn/a

In the last week, the Office REITs industry is up 7.3%, with all of the companies up. In contrast, the industry has lost 14% in the last 12 months. As for the next few years, earnings are expected to grow by 6.3% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 13 Jun 2026AU$9.4bAU$2.2bAU$797.1m11.3x11.7x4.3x
Mon, 11 May 2026AU$9.7bAU$2.2bAU$785.2m11.3x12.3x4.4x
Wed, 08 Apr 2026AU$9.4bAU$2.2bAU$785.2m10.9x12x4.3x
Fri, 06 Mar 2026AU$10.2bAU$2.2bAU$785.2m11.5x13x4.6x
Sun, 01 Feb 2026AU$10.6bAU$2.0bAU$1.3m53x8422.2x5.3x
Tue, 30 Dec 2025AU$11.4bAU$2.0bAU$1.3m56x9028.8x5.6x
Thu, 27 Nov 2025AU$11.4bAU$2.0bAU$1.3m57.1x9088.8x5.7x
Sat, 25 Oct 2025AU$11.9bAU$2.0bAU$1.3m60.3x9494.6x5.9x
Mon, 22 Sep 2025AU$11.7bAU$2.0bAU$1.3m57.6x9299.2x5.8x
Wed, 20 Aug 2025AU$11.7bAU$1.4b-AU$1,384,910,000.00119.5x-8.5x8.6x
Fri, 18 Jul 2025AU$10.9bAU$1.4b-AU$1,455,691,000.00121.3x-7.5x8x
Sun, 15 Jun 2025AU$11.0bAU$1.4b-AU$1,455,691,000.00123.1x-7.5x8.1x
Tue, 13 May 2025AU$11.6bAU$1.4b-AU$1,455,691,000.00123.1x-8x8.5x
Thu, 10 Apr 2025AU$10.7bAU$1.4b-AU$1,455,691,000.00110.6x-7.4x7.9x
Sat, 08 Mar 2025AU$11.3bAU$1.4b-AU$1,455,691,000.00111.5x-7.8x8.3x
Mon, 03 Feb 2025AU$11.3bAU$1.0b-AU$2,360,952,000.00120.8x-4.8x10.7x
Wed, 01 Jan 2025AU$10.5bAU$1.0b-AU$2,360,952,000.00117.7x-4.5x10x
Fri, 29 Nov 2024AU$11.2bAU$1.0b-AU$2,360,952,000.00120.8x-4.7x10.7x
Sun, 27 Oct 2024AU$11.4bAU$1.0b-AU$2,360,952,000.00132.1x-4.8x10.9x
Tue, 24 Sep 2024AU$12.1bAU$1.1b-AU$2,359,455,000.00128x-5.1x11.5x
Thu, 22 Aug 2024AU$10.9bAU$1.1b-AU$2,716,161,000.00107.4x-4x9.7x
Sat, 20 Jul 2024AU$10.9bAU$1.1b-AU$2,510,572,000.00102.1x-4.3x10.1x
Mon, 17 Jun 2024AU$10.6bAU$1.1b-AU$2,510,572,000.00106.5x-4.2x9.7x
Wed, 15 May 2024AU$11.1bAU$1.1b-AU$2,510,572,000.00108.3x-4.4x10.2x
Fri, 12 Apr 2024AU$12.0bAU$1.1b-AU$2,549,377,000.00105.7x-4.7x10.8x
Sun, 10 Mar 2024AU$12.1bAU$1.6b-AU$2,549,377,000.00107.4x-4.8x7.7x
Tue, 06 Feb 2024AU$11.9bAU$1.7b-AU$1,567,021,000.00284.2x-7.6x7x
Thu, 04 Jan 2024AU$11.9bAU$1.7b-AU$1,567,021,000.00284.2x-7.6x7x
Sat, 02 Dec 2023AU$11.2bAU$1.7b-AU$1,567,021,000.00253.6x-7.2x6.6x
Mon, 30 Oct 2023AU$10.2bAU$1.7b-AU$1,567,021,000.00233.9x-6.5x6x
Wed, 27 Sep 2023AU$11.3bAU$1.7b-AU$1,567,021,000.00231.7x-7.2x6.7x
Fri, 25 Aug 2023AU$12.4bAU$1.8b-AU$1,171,789,000.00670.1x-10.6x6.8x
Sun, 23 Jul 2023AU$12.1bAU$2.1bAU$909.4m20.3x13.3x5.7x
Tue, 20 Jun 2023AU$12.0bAU$2.1bAU$909.4m20.2x13.2x5.6x
Price to Earnings Ratio

13.2x


Total Market Cap: AU$12.0bTotal Earnings: AU$909.4mTotal Revenue: AU$2.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Office REITs Industry Price to Earnings3Y Average 1317.6x202420252026
Current Industry PE
  • Investors are pessimistic on the Australian Office 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 11.7x which is lower than its 3-year average PE of 1kx.
  • The 3-year average PS ratio of 7.6x is higher than the industry's current PS ratio of 4.3x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have declined 4.3% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Australian Office REITs compare with similar industries?

AU Market-0.90%
Real Estate3.27%
REITS7.64%
Office REITs7.26%
Diversified REITs7.64%
Residential REITs6.24%
Specialized REITs5.90%
Healthcare REITs5.22%
Retail REITs4.94%
Hotel and Resort REITs0%0
Industrial REITs-0.98%
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
DXS DEXUSAU$5.917.8%
+AU$459.9m
-15.7%PB0.6x
CMW Cromwell Property GroupAU$0.455.9%
+AU$65.5m
26.8%PB0.8x
COF Centuria Office REITAU$0.945.6%
+AU$29.9m
-25.2%PB0.5x
ABG Abacus GroupAU$0.993.1%
+AU$26.8m
-16.4%PB0.6x
GDI GDI Property GroupAU$0.631.6%
+AU$5.4m
-9.4%PB12.7x

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