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Australian (ASX) Office REITs Industry Analysis

UpdatedJun 17, 2025
DataAggregated Company Financials
Companies7
  • 7D-0.3%
  • 3M-2.7%
  • 1Y2.8%
  • YTDn/a

The Office REITs industry has stayed flat over the last week. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 52% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Jun 2025AU$10.9bAU$1.4b-AU$1,455,691,000.00123.1x-7.5x8x
Thu, 15 May 2025AU$11.6bAU$1.4b-AU$1,455,691,000.00123.1x-7.9x8.5x
Sat, 12 Apr 2025AU$10.9bAU$1.4b-AU$1,455,691,000.00110.6x-7.5x8x
Mon, 10 Mar 2025AU$11.3bAU$1.4b-AU$1,455,691,000.00111.5x-7.8x8.3x
Wed, 05 Feb 2025AU$11.2bAU$1.0b-AU$2,360,952,000.00119.8x-4.7x10.6x
Fri, 03 Jan 2025AU$10.5bAU$1.0b-AU$2,360,952,000.00116.7x-4.5x10x
Sun, 01 Dec 2024AU$11.3bAU$1.0b-AU$2,360,952,000.00123.9x-4.8x10.8x
Tue, 29 Oct 2024AU$11.3bAU$1.0b-AU$2,360,952,000.00133.1x-4.8x10.8x
Thu, 26 Sep 2024AU$12.1bAU$1.1b-AU$2,359,455,000.00134.1x-5.1x11.5x
Sat, 24 Aug 2024AU$11.0bAU$1.1b-AU$2,633,851,000.00109.2x-4.2x9.7x
Mon, 22 Jul 2024AU$10.9bAU$1.1b-AU$2,510,572,000.00102.1x-4.3x10x
Wed, 19 Jun 2024AU$10.5bAU$1.1b-AU$2,510,572,000.00105.7x-4.2x9.7x
Fri, 17 May 2024AU$11.4bAU$1.1b-AU$2,510,572,000.00109.2x-4.6x10.5x
Sun, 14 Apr 2024AU$11.9bAU$1.1b-AU$2,549,377,000.00105.7x-4.7x10.7x
Tue, 12 Mar 2024AU$12.2bAU$1.6b-AU$2,549,377,000.00107.4x-4.8x7.7x
Thu, 08 Feb 2024AU$11.9bAU$1.7b-AU$1,567,021,000.00286.3x-7.6x7x
Sat, 06 Jan 2024AU$12.0bAU$1.7b-AU$1,567,021,000.00279.8x-7.6x7x
Mon, 04 Dec 2023AU$11.2bAU$1.7b-AU$1,567,021,000.00253.6x-7.2x6.6x
Wed, 01 Nov 2023AU$10.2bAU$1.7b-AU$1,567,021,000.00225.1x-6.5x6x
Fri, 29 Sep 2023AU$11.4bAU$1.7b-AU$1,567,021,000.00236.1x-7.3x6.7x
Sun, 27 Aug 2023AU$12.3bAU$1.8b-AU$1,171,789,000.00671.2x-10.5x6.8x
Tue, 25 Jul 2023AU$12.1bAU$2.1bAU$909.4m20.3x13.3x5.7x
Thu, 22 Jun 2023AU$12.2bAU$2.1bAU$909.4m20.3x13.4x5.8x
Sat, 20 May 2023AU$12.2bAU$2.1bAU$909.4m20.5x13.4x5.8x
Mon, 17 Apr 2023AU$11.8bAU$2.1bAU$909.4m21x13x5.6x
Wed, 15 Mar 2023AU$12.4bAU$2.1bAU$909.4m21.5x13.7x5.9x
Fri, 10 Feb 2023AU$13.1bAU$2.6bAU$2.0b6.7x6.6x5.1x
Sun, 08 Jan 2023AU$12.2bAU$2.6bAU$2.1b6.7x5.7x4.7x
Tue, 06 Dec 2022AU$12.8bAU$2.6bAU$2.1b6.8x6x5x
Thu, 03 Nov 2022AU$12.3bAU$2.6bAU$2.1b6.8x5.8x4.8x
Sat, 01 Oct 2022AU$12.2bAU$2.6bAU$2.1b6.6x5.7x4.7x
Mon, 29 Aug 2022AU$14.0bAU$2.6bAU$2.2b7.5x6.4x5.5x
Wed, 27 Jul 2022AU$14.8bAU$2.5bAU$2.0b8.3x7.2x5.8x
Fri, 24 Jun 2022AU$14.3bAU$2.5bAU$2.0b7.7x7x5.6x
Price to Earnings Ratio

7x


Total Market Cap: AU$14.3bTotal Earnings: AU$2.0bTotal Revenue: AU$2.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Office REITs Industry Price to Earnings3Y Average 0.07x202320242025
Current Industry PE
  • Investors are relatively neutral on the Australian Office REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 7.5x.
Past Earnings Growth
  • Total earnings for the Office REITs industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 19% per year, which is driving profits down.

Industry Comparison

How does Australian Office REITs compare with similar industries?

AU Market0.39%
Real Estate1.02%
REITS0.87%
Office REITs-0.28%
Specialized REITs2.55%
Industrial REITs1.74%
Healthcare REITs1.32%
Diversified REITs0.87%
Retail REITs0.32%
Hotel and Resort REITs0%0
Residential REITs-2.77%
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
ABG Abacus GroupAU$1.201.3%
+AU$13.4m
3.9%PB0.7x
COF Centuria Office REITAU$1.250.4%
+AU$3.0m
5.5%PB0.7x
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Latest News

COF

AU$1.25

Centuria Office REIT

7D

0.4%

1Y

5.5%

DXS

AU$6.88

DEXUS

7D

-0.9%

1Y

6.7%

ECF

AU$0.64

Elanor Commercial Property Fund

7D

-3.0%

1Y

-8.6%

AOF

AU$0.48

Australian Unity Office Fund

7D

-0.5%

1Y

-65.7%

CMW

AU$0.34

Cromwell Property Group

7D

-2.8%

1Y

-15.9%

GDI

AU$0.68

GDI Property Group

7D

-2.2%

1Y

13.3%

ABG

AU$1.20

Abacus Group

7D

1.3%

1Y

3.9%