Australian (ASX) Specialized REITs Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 20 May 2026	AU$6.4b	AU$809.4m	AU$494.9m	9.7x	12.9x	7.9x
Fri, 17 Apr 2026	AU$10.0b	AU$1.2b	AU$530.0m	11.2x	18.9x	8.2x
Sun, 15 Mar 2026	AU$9.8b	AU$1.2b	AU$530.0m	11.1x	18.5x	8x
Tue, 10 Feb 2026	AU$10.4b	AU$1.2b	AU$414.6m	17.4x	25.2x	8.8x
Thu, 08 Jan 2026	AU$10.7b	AU$1.2b	AU$398.6m	17.7x	26.8x	9.1x
Sat, 06 Dec 2025	AU$10.5b	AU$1.2b	AU$398.6m	17.3x	26.3x	8.9x
Mon, 03 Nov 2025	AU$9.9b	AU$1.2b	AU$398.6m	18x	24.9x	8.4x
Wed, 01 Oct 2025	AU$10.2b	AU$1.2b	AU$398.6m	19.1x	25.5x	8.6x
Fri, 29 Aug 2025	AU$10.6b	AU$1.2b	AU$398.6m	20x	26.5x	9x
Sun, 27 Jul 2025	AU$10.3b	AU$943.7m	AU$372.6m	19.3x	27.7x	10.9x
Tue, 24 Jun 2025	AU$10.7b	AU$943.7m	AU$372.6m	20.9x	28.8x	11.4x
Thu, 22 May 2025	AU$10.4b	AU$943.7m	AU$372.6m	20.8x	27.9x	11x
Sat, 19 Apr 2025	AU$9.6b	AU$943.7m	AU$372.6m	19.4x	25.7x	10.1x
Mon, 17 Mar 2025	AU$9.5b	AU$943.7m	AU$372.6m	19x	25.5x	10.1x
Wed, 12 Feb 2025	AU$10.5b	AU$919.1m	AU$330.2m	27.3x	31.7x	11.4x
Fri, 10 Jan 2025	AU$10.5b	AU$904.3m	AU$288.3m	18.7x	36.4x	11.6x
Sun, 08 Dec 2024	AU$8.1b	AU$904.3m	AU$288.3m	19.4x	28.2x	9x
Tue, 05 Nov 2024	AU$8.3b	AU$904.3m	AU$288.3m	19.4x	28.8x	9.2x
Thu, 03 Oct 2024	AU$8.7b	AU$904.3m	AU$288.3m	20.7x	30.3x	9.6x
Sat, 31 Aug 2024	AU$8.4b	AU$904.3m	AU$288.3m	19.7x	29x	9.2x
Mon, 29 Jul 2024	AU$8.0b	AU$847.2m	AU$202.9m	92.5x	39.4x	9.4x
Wed, 26 Jun 2024	AU$8.0b	AU$635.0m	AU$190.6m	61.2x	42x	12.6x
Fri, 24 May 2024	AU$7.6b	AU$635.0m	AU$190.6m	56.6x	40x	12x
Sun, 21 Apr 2024	AU$7.4b	AU$635.0m	AU$190.6m	56x	38.9x	11.7x
Tue, 19 Mar 2024	AU$8.0b	AU$635.0m	AU$190.6m	60.6x	42x	12.6x
Thu, 15 Feb 2024	AU$7.6b	AU$614.7m	AU$230.7m	49.8x	33.2x	12.4x
Sat, 13 Jan 2024	AU$7.7b	AU$619.9m	AU$282.2m	18.1x	27.4x	12.5x
Mon, 11 Dec 2023	AU$7.8b	AU$619.9m	AU$282.2m	17.3x	27.8x	12.6x
Wed, 08 Nov 2023	AU$7.1b	AU$619.9m	AU$282.2m	15.9x	25.1x	11.4x
Fri, 06 Oct 2023	AU$7.2b	AU$619.9m	AU$282.2m	15.8x	25.5x	11.6x
Sun, 03 Sep 2023	AU$7.9b	AU$619.9m	AU$282.2m	17.6x	28.1x	12.8x
Tue, 01 Aug 2023	AU$6.3b	AU$619.6m	AU$648.4m	6.3x	9.8x	10.2x
Thu, 29 Jun 2023	AU$6.2b	AU$619.6m	AU$648.4m	6.3x	9.6x	10x
Sat, 27 May 2023	AU$6.4b	AU$619.6m	AU$648.4m	6x	9.9x	10.4x

Current Industry PE

Investors are pessimistic on the Australian Specialized 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 12.8x which is lower than its 3-year average PE of 27.6x.

The 3-year average PS ratio of 10.5x is higher than the industry's current PS ratio of 7.8x.

Past Earnings Growth

The earnings for companies in the Specialized REITs industry have declined 8.6% per year over the last three years.
Meanwhile revenues for these companies have grown 9.3% 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 Trends

Which industries have driven the changes within the Australian Real Estate industry?


AU Market	-0.86%
Real Estate	0.68%
Specialized REITs	1.31%
Self-Storage REITs	4.29%
Data Center REITs	-0.38%

Industry PE

Investors are most optimistic about the Self-Storage REITs industry even though it's trading below its 3-year average PE ratio of 61.8x.

Analysts are expecting annual earnings decline of 15.1%, which is lower than the prior year's growth of 42.2% per year.

Forecasted Growth

Analysts are most optimistic on the Data Center REITs industry, expecting annual earnings growth of 60% over the next 5 years.

In contrast, the Self-Storage REITs industry is expected to see its earnings decline by 15% per year over the next few years.

Company	Last Price	7D	1Y	Valuation
ASK Abacus Storage King	AU$1.46	4.3% +AU$78.8m	-3.6%	PB0.8x
CQE Charter Hall Social Infrastructure REIT	AU$2.55	0.8% +AU$7.4m	-14.7%	PB0.7x
ARF Arena REIT	AU$3.25	0.3% +AU$4.1m	-15.4%	PB1x

Company

Last Price

Valuation

ASK Abacus Storage King

AU$1.46

4.3%
+AU$78.8m

-3.6%

PB0.8x

CQE Charter Hall Social Infrastructure REIT

AU$2.55

0.8%
+AU$7.4m

-14.7%

PB0.7x

ARF Arena REIT

AU$3.25

0.3%
+AU$4.1m

-15.4%

PB1x

DigiCo Infrastructure REIT to Sell Chicago Data Centre and Focus on Sydney Growth

DigiCo Infrastructure REIT has agreed to sell its Chicago CHI1 data centre for US$750 million, about 5% above its initial purchase price. The sale is expected to close in the first quarter of FY27, with proceeds earmarked to reduce net debt, lower gearing and lift liquidity to a projected A$900 million after asset-level debt repayment. Management plans to recycle capital into the 88MW SYD1 data centre development in Sydney and may consider further monetisation of its LAX1 and LAX2 US assets while retaining facilities in Kansas City and Dallas Fort Worth. For you as an investor, the key takeaway is that DigiCo is reshaping its portfolio toward what it views as higher-return capacity in Sydney while using the Chicago sale to tidy up the balance sheet. The move concentrates more capital in the SYD1 project, which management positions as attractive in what it describes as a supply-constrained market, and leaves selected US assets in place to keep some geographic diversification. The company also flags the potential for materially higher funds from operations from FY27 onwards, which it links to scope for stronger distributions. That timeline puts the focus on execution risk: the sale needs to complete as expected, SYD1 needs to be delivered on time and on budget, and any further asset sales such as LAX1 and LAX2 would need to be managed without disrupting cash flow. If you follow DGT, it is worth tracking progress milestones on the Chicago transaction, build-out updates for SYD1, and any new disclosures around the US portfolio.

Australian (ASX) Specialized REITs Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Consensus EPS estimates fall by 16%

DigiCo Infrastructure REIT to Sell Chicago Data Centre and Focus on Sydney Growth

Dividend of AU$0.048 announced

Dividend of AU$0.043 announced

Upcoming dividend of AU$0.029 per share