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Australian (ASX) Office REITs Industry Analysis

UpdatedDec 07, 2025
DataAggregated Company Financials
Companies7
  • 7D-0.5%
  • 3M-3.0%
  • 1Y2.7%
  • YTDn/a

Over the last 7 days, the Office REITs industry has remained flat, although notably Cromwell Property Group gained 5.5%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 07 Dec 2025AU$11.3bAU$2.0bAU$1.3m55.7x8952.7x5.6x
Tue, 04 Nov 2025AU$11.4bAU$2.0bAU$1.3m56.8x9052.5x5.6x
Thu, 02 Oct 2025AU$11.5bAU$2.0bAU$1.3m56.7x9115.1x5.7x
Sat, 30 Aug 2025AU$11.8bAU$2.0bAU$1.3m59.2x9367.4x5.8x
Mon, 28 Jul 2025AU$10.9bAU$1.4b-AU$1,455,691,000.00119.5x-7.5x8x
Wed, 25 Jun 2025AU$10.8bAU$1.4b-AU$1,455,691,000.00120.4x-7.4x7.9x
Fri, 23 May 2025AU$11.0bAU$1.4b-AU$1,455,691,000.00124x-7.5x8x
Sun, 20 Apr 2025AU$11.1bAU$1.4b-AU$1,455,691,000.00112.4x-7.6x8.2x
Tue, 18 Mar 2025AU$11.2bAU$1.4b-AU$1,455,691,000.00113.3x-7.7x8.2x
Thu, 13 Feb 2025AU$11.5bAU$1.0b-AU$2,282,768,000.00123.9x-5x11.1x
Sat, 11 Jan 2025AU$10.6bAU$1.0b-AU$2,360,952,000.00115.7x-4.5x10.1x
Mon, 09 Dec 2024AU$10.9bAU$1.0b-AU$2,360,952,000.00120.8x-4.6x10.4x
Wed, 06 Nov 2024AU$11.2bAU$1.0b-AU$2,360,952,000.00126.9x-4.8x10.7x
Fri, 04 Oct 2024AU$12.3bAU$1.0b-AU$2,360,952,000.00134.1x-5.2x11.7x
Sun, 01 Sep 2024AU$11.4bAU$1.1b-AU$2,359,455,000.00137.2x-4.8x10.7x
Tue, 30 Jul 2024AU$11.0bAU$1.1b-AU$2,510,572,000.00100.4x-4.4x10.1x
Thu, 27 Jun 2024AU$11.0bAU$1.1b-AU$2,510,572,000.00102.1x-4.4x10.2x
Sat, 25 May 2024AU$11.1bAU$1.1b-AU$2,510,572,000.00106.5x-4.4x10.2x
Mon, 22 Apr 2024AU$11.3bAU$1.1b-AU$2,549,377,000.00105.7x-4.4x10.1x
Wed, 20 Mar 2024AU$12.2bAU$1.6b-AU$2,549,377,000.00107.4x-4.8x7.7x
Fri, 16 Feb 2024AU$12.2bAU$1.6b-AU$2,221,192,000.00275.4x-5.5x7.6x
Sun, 14 Jan 2024AU$12.1bAU$1.7b-AU$1,567,021,000.00282x-7.7x7.1x
Tue, 12 Dec 2023AU$11.8bAU$1.7b-AU$1,567,021,000.00266.7x-7.5x7x
Thu, 09 Nov 2023AU$10.9bAU$1.7b-AU$1,567,021,000.00236.1x-7x6.4x
Sat, 07 Oct 2023AU$11.4bAU$1.7b-AU$1,567,021,000.00227.3x-7.3x6.7x
Mon, 04 Sep 2023AU$12.4bAU$1.7b-AU$1,567,021,000.00275.4x-7.9x7.3x
Wed, 02 Aug 2023AU$12.3bAU$2.1bAU$829.4m25.6x14.8x5.8x
Fri, 30 Jun 2023AU$11.7bAU$2.1bAU$909.4m20.3x12.9x5.5x
Sun, 28 May 2023AU$12.0bAU$2.1bAU$909.4m20.7x13.2x5.7x
Tue, 25 Apr 2023AU$11.9bAU$2.1bAU$909.4m20.9x13.1x5.6x
Thu, 23 Mar 2023AU$12.1bAU$2.1bAU$909.4m21.7x13.3x5.7x
Sat, 18 Feb 2023AU$13.5bAU$835.1mAU$1.2b7.2x11.2x16.1x
Mon, 16 Jan 2023AU$12.7bAU$2.6bAU$2.1b6.8x5.9x4.9x
Wed, 14 Dec 2022AU$12.7bAU$2.6bAU$2.1b6.8x6x5x
Price to Earnings Ratio

6x


Total Market Cap: AU$12.7bTotal Earnings: AU$2.1bTotal Revenue: AU$2.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Office REITs Industry Price to Earnings3Y Average 827.7x202320242025
Current Industry PE
  • Investors are optimistic on the Australian Office REITs industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 9kx which is higher than its 3-year average PE of 828x.
  • The 3-year average PS ratio of 7.8x is higher than the industry's current PS ratio of 5.6x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have declined 92% per year over the last three years,
  • Revenues have also declined 7.7% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Australian Office REITs compare with similar industries?

AU Market0.059%
Real Estate-1.15%
REITS-2.68%
Office REITs-0.54%
Retail REITs0.10%
Hotel and Resort REITs0%0
Industrial REITs-0.56%
Specialized REITs-1.56%
Healthcare REITs-1.83%
Diversified REITs-2.68%
Residential REITs-5.49%
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
CMW Cromwell Property GroupAU$0.485.5%
+AU$65.5m
24.7%PB0.9x
ECF Elanor Commercial Property FundAU$0.672.3%
+AU$6.1m
9.9%PB1x
ABG Abacus GroupAU$1.210.4%
+AU$4.5m
3.0%PB0.7x
AOF Australian Unity Office FundAU$0.381.4%
+AU$821.9k
-64.3%PB0.8x