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Australian (ASX) Retail REITs Industry Analysis

UpdatedDec 27, 2025
DataAggregated Company Financials
Companies9
  • 7D0.3%
  • 3M2.0%
  • 1Y18.7%
  • YTDn/a

The Retail REITs industry has stayed flat over the last week. As for the the longer term, the industry is up 19% over the past 12 months. Earnings are forecast to be flat in the coming years.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 27 Dec 2025AU$47.3bAU$5.6bAU$3.6b11.8x13.1x8.4x
Mon, 24 Nov 2025AU$45.5bAU$5.6bAU$3.6b11.3x12.7x8.1x
Wed, 22 Oct 2025AU$47.2bAU$5.6bAU$3.6b11.5x13.1x8.4x
Fri, 19 Sep 2025AU$46.2bAU$5.6bAU$3.6b11.5x12.8x8.2x
Sun, 17 Aug 2025AU$44.4bAU$5.5bAU$2.9b14.1x15.5x8.1x
Tue, 15 Jul 2025AU$42.9bAU$5.5bAU$2.8b13.8x15.2x7.8x
Thu, 12 Jun 2025AU$43.8bAU$5.5bAU$2.8b14.1x15.5x8x
Sat, 10 May 2025AU$43.5bAU$5.5bAU$2.8b13.6x15.4x7.9x
Mon, 07 Apr 2025AU$40.0bAU$5.5bAU$2.8b12.5x14.1x7.3x
Wed, 05 Mar 2025AU$39.4bAU$5.5bAU$2.8b12.6x13.9x7.2x
Fri, 31 Jan 2025AU$40.8bAU$5.4bAU$1.3b44.5x32.2x7.6x
Sun, 29 Dec 2024AU$39.7bAU$5.4bAU$1.3b42.7x31.4x7.4x
Tue, 26 Nov 2024AU$41.0bAU$5.4bAU$1.3b44x32.4x7.6x
Thu, 24 Oct 2024AU$40.9bAU$5.4bAU$1.3b43.2x32.3x7.6x
Sat, 21 Sep 2024AU$45.6bAU$5.5bAU$1.3b45.1x34.2x8.4x
Mon, 19 Aug 2024AU$42.9bAU$5.3bAU$765.1m55.4x56x8.1x
Wed, 17 Jul 2024AU$41.2bAU$5.2bAU$245.6m52.5x167.8x7.9x
Fri, 14 Jun 2024AU$39.1bAU$5.2bAU$245.6m48.6x159.3x7.5x
Sun, 12 May 2024AU$39.8bAU$5.3bAU$215.0m44.2x185.1x7.5x
Tue, 09 Apr 2024AU$41.0bAU$5.3bAU$215.0m42.4x190.9x7.8x
Thu, 07 Mar 2024AU$40.5bAU$5.3bAU$215.0m44.1x188.2x7.7x
Sat, 03 Feb 2024AU$39.7bAU$5.3bAU$299.5m37.5x132.7x7.5x
Mon, 01 Jan 2024AU$39.0bAU$5.3bAU$299.5m37.6x130.3x7.3x
Wed, 29 Nov 2023AU$34.3bAU$5.3bAU$299.5m30.1x114.4x6.4x
Fri, 27 Oct 2023AU$32.6bAU$5.3bAU$299.5m28.8x108.8x6.1x
Sun, 24 Sep 2023AU$34.0bAU$5.3bAU$299.5m29.9x113.4x6.4x
Tue, 22 Aug 2023AU$35.6bAU$5.3bAU$856.3m29.7x41.6x6.7x
Thu, 20 Jul 2023AU$37.3bAU$5.4bAU$2.3b11.9x16.3x6.9x
Sat, 17 Jun 2023AU$36.0bAU$5.4bAU$2.3b11.5x15.7x6.7x
Mon, 15 May 2023AU$38.2bAU$5.4bAU$2.3b12.5x16.7x7.1x
Wed, 12 Apr 2023AU$36.9bAU$5.4bAU$2.3b12.1x16.1x6.9x
Fri, 10 Mar 2023AU$39.5bAU$5.4bAU$2.3b12.8x17.2x7.3x
Sun, 05 Feb 2023AU$41.1bAU$5.3bAU$4.8b7.2x8.6x7.8x
Tue, 03 Jan 2023AU$38.7bAU$5.3bAU$4.8b6.9x8.1x7.3x
Price to Earnings Ratio

8.1x


Total Market Cap: AU$38.7bTotal Earnings: AU$4.8bTotal Revenue: AU$5.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Retail REITs Industry Price to Earnings3Y Average 64.7x20242025
Current Industry PE
  • Investors are pessimistic on the Australian Retail 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 13.1x which is lower than its 3-year average PE of 64.7x.
  • The 3-year average PS ratio of 7.4x is lower than the industry's current PS ratio of 8.4x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have declined 9.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.3% per year.
  • This means that although more sales are being generated, 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 Retail REITs compare with similar industries?

AU Market1.70%
Real Estate2.70%
REITS-1.16%
Retail REITs0.30%
Industrial REITs9.40%
Office REITs0.30%
Hotel and Resort REITs0%0
Diversified REITs-1.16%
Residential REITs-1.37%
Specialized REITs-1.84%
Healthcare REITs-2.67%
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
VCX Vicinity CentresAU$2.571.6%
+AU$184.0m		21.2%PB1.1x
CQR Charter Hall Retail REITAU$4.161.2%
+AU$29.1m		30.4%PB0.9x
BWP BWP TrustAU$4.081.0%
+AU$28.5m		19.0%PB1x
CDP Carindale Property TrustAU$5.713.3%
+AU$14.9m		19.2%PB0.8x
DXC Dexus Convenience Retail REITAU$2.882.1%
+AU$8.3m		-1.4%PB1.8x

Latest News

CDP
AU$5.71
Carindale Property Trust
7D
3.3%
1Y
19.2%
BWP
AU$4.08
BWP Trust
7D
1.0%
1Y
19.0%
SCG
AU$4.19
Scentre Group
7D
-0.2%
1Y
18.7%
RGN
AU$2.44
Region Group
7D
-0.8%
1Y
11.4%
DXC
AU$2.88
Dexus Convenience Retail REIT
7D
2.1%
1Y
-1.4%
HDN
AU$1.39
HomeCo Daily Needs REIT
7D
-0.7%
1Y
17.8%
WPR
AU$2.62
Waypoint REIT
7D
-1.5%
1Y
6.9%
CQR
AU$4.16
Charter Hall Retail REIT
7D
1.2%
1Y
30.4%
VCX
AU$2.57
Vicinity Centres
7D
1.6%
1Y
21.2%

VCX: Divestment Of Smaller Malls Will Support Focus On Larger Destinations

Analysts have modestly raised their price target for Vicinity Centres to $2.58 per share. This change is attributed to minor adjustments to their discount rate assumptions, while other key outlook factors remain steady.