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Australian (ASX) Retail REITs Industry Analysis

UpdatedApr 19, 2026
DataAggregated Company Financials
Companies9
  • 7D0.1%
  • 3M-9.1%
  • 1Y5.4%
  • YTDn/a

In the last week, Retail REITs has been flat. As for the the longer term, the industry is up 5.4% over the past 12 months. As for the next few years, earnings are forecast to decline by 7.7% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 19 Apr 2026AU$42.8bAU$5.7bAU$4.7b8.4x9x7.5x
Tue, 17 Mar 2026AU$41.5bAU$5.7bAU$4.7b8.1x8.8x7.3x
Thu, 12 Feb 2026AU$45.1bAU$5.7bAU$3.8b10.8x11.7x7.9x
Sat, 10 Jan 2026AU$47.0bAU$5.6bAU$3.6b11.9x13.1x8.3x
Mon, 08 Dec 2025AU$45.9bAU$5.6bAU$3.6b11.3x12.7x8.1x
Wed, 05 Nov 2025AU$45.5bAU$5.6bAU$3.6b11.3x12.6x8.1x
Fri, 03 Oct 2025AU$46.5bAU$5.6bAU$3.6b11.4x12.9x8.2x
Sun, 31 Aug 2025AU$46.3bAU$5.6bAU$3.6b11.8x13x8.3x
Tue, 29 Jul 2025AU$43.1bAU$5.5bAU$2.8b13.8x15.2x7.8x
Thu, 26 Jun 2025AU$42.9bAU$5.5bAU$2.8b13.7x15.2x7.8x
Sat, 24 May 2025AU$42.9bAU$5.5bAU$2.8b13.5x15.2x7.8x
Mon, 21 Apr 2025AU$40.4bAU$5.5bAU$2.8b12.8x14.3x7.4x
Wed, 19 Mar 2025AU$38.2bAU$5.5bAU$2.8b12.1x13.5x7x
Fri, 14 Feb 2025AU$40.5bAU$5.4bAU$1.6b31.1x25x7.5x
Sun, 12 Jan 2025AU$39.5bAU$5.4bAU$1.3b43.1x31.3x7.4x
Tue, 10 Dec 2024AU$39.8bAU$5.4bAU$1.3b43.7x31.5x7.4x
Thu, 07 Nov 2024AU$39.6bAU$5.4bAU$1.3b41.9x31.3x7.4x
Sat, 05 Oct 2024AU$41.5bAU$5.4bAU$1.3b43.4x32.8x7.8x
Mon, 02 Sep 2024AU$43.6bAU$5.5bAU$1.3b43.9x32.8x8x
Wed, 31 Jul 2024AU$41.9bAU$5.2bAU$245.6m52.8x170.5x8x
Fri, 28 Jun 2024AU$38.8bAU$5.2bAU$245.6m49.5x158.1x7.4x
Sun, 26 May 2024AU$39.1bAU$5.2bAU$245.6m43.7x159.2x7.4x
Tue, 23 Apr 2024AU$39.0bAU$5.3bAU$215.0m38.4x181.2x7.4x
Thu, 21 Mar 2024AU$41.3bAU$5.3bAU$215.0m45.2x192.3x7.8x
Sat, 17 Feb 2024AU$39.9bAU$5.3bAU$49.2m39.8x811.3x7.5x
Mon, 15 Jan 2024AU$38.9bAU$5.3bAU$299.5m34.9x129.9x7.3x
Wed, 13 Dec 2023AU$37.8bAU$5.3bAU$299.5m33.1x126.1x7.1x
Fri, 10 Nov 2023AU$34.4bAU$5.3bAU$299.5m30.1x114.9x6.5x
Sun, 08 Oct 2023AU$33.5bAU$5.3bAU$299.5m29x111.8x6.3x
Tue, 05 Sep 2023AU$36.9bAU$5.3bAU$299.5m32.8x123.1x6.9x
Thu, 03 Aug 2023AU$37.4bAU$5.4bAU$2.3b12x16.3x7x
Sat, 01 Jul 2023AU$36.0bAU$5.4bAU$2.3b11.3x15.7x6.7x
Mon, 29 May 2023AU$36.8bAU$5.4bAU$2.3b11.6x16.1x6.9x
Wed, 26 Apr 2023AU$38.3bAU$5.4bAU$2.3b12.7x16.7x7.1x
Price to Earnings Ratio

16.7x


Total Market Cap: AU$38.3bTotal Earnings: AU$2.3bTotal Revenue: AU$5.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Retail REITs Industry Price to Earnings3Y Average 64.5x202420252026
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 9.0x which is lower than its 3-year average PE of 64.5x.
  • The industry is trading close to its 3-year average PS ratio of 7.5x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have grown 27% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does Australian Retail REITs compare with similar industries?

AU Market0.26%
Real Estate2.67%
REITS2.42%
Retail REITs0.13%
Industrial REITs4.83%
Diversified REITs2.42%
Office REITs2.08%
Residential REITs1.84%
Specialized REITs1.75%
Hotel and Resort REITs0%0
Healthcare REITs-4.41%
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
BWP BWP TrustAU$3.872.4%
+AU$65.2m		9.6%PB0.9x
SCG Scentre GroupAU$3.530.3%
+AU$52.2m		2.6%PB1x
CQR Charter Hall Retail REITAU$3.801.9%
+AU$40.7m		3.5%PB0.8x
WPR Waypoint REITAU$2.451.7%
+AU$26.1m		-2.0%PB150.9x

Latest News

RGN
AU$2.28
Region Group
7D
-0.4%
1Y
2.7%
SCG
AU$3.53
Scentre Group
7D
0.3%
1Y
2.6%

SCG: Distribution Guidance Will Support Future Income Visibility And Upside Potential

The analyst price target for Scentre Group has been adjusted slightly lower from A$4.13 to about A$4.07, with analysts pointing to small changes in the discount rate, fair value and expected P/E as they refine their assumptions. Analyst Commentary Bullish Takeaways Bullish analysts see incremental target changes in the sector as a signal that valuation work is becoming more refined, which can support tighter ranges for fair value estimates on Scentre Group.
VCX
AU$2.54
Vicinity Centres
7D
-0.8%
1Y
12.4%

VCX: Balance Sheet Strength And Inorganic Optionality Will Support Cautious Fair Value Outlook

Analysts have lifted their price target on Vicinity Centres to A$2.34 from A$2.20, citing the appeal of its balance sheet and the potential for FFO accretive inorganic growth opportunities, despite a cautious consumer outlook. Analyst Commentary Bullish Takeaways Bullish analysts view the new A$2.34 price target as better reflecting the perceived quality of Vicinity Centres' balance sheet, which they see as a support for current valuation.
HDN
AU$1.22
HomeCo Daily Needs REIT
7D
-0.8%
1Y
1.7%
CQR
AU$3.80
Charter Hall Retail REIT
7D
1.9%
1Y
3.5%
DXC
AU$2.67
Dexus Convenience Retail REIT
7D
-0.4%
1Y
-11.9%
WPR
AU$2.45
Waypoint REIT
7D
1.7%
1Y
-2.0%
CDP
AU$5.36
Carindale Property Trust
7D
-0.7%
1Y
14.5%
BWP
AU$3.87
BWP Trust
7D
2.4%
1Y
9.6%