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Brazilian (BOVESPA) Office REITs Industry Analysis

UpdatedAug 17, 2026
DataAggregated Company Financials
Companies35
  • 7D-1.4%
  • 3M-6.0%
  • 1Y-3.1%
  • YTD-9.2%

Over the last 7 days, the Office REITs industry has dropped 1.4%, driven by Fundo De Investimento ImobiliarRio Vbi Prime Properties declining 3.0%. Overall the industry is down 3.1% in 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 17 Aug 2026R$10.3bR$204.7mR$73.4m9.7x140.5x50.4x
Wed, 15 Jul 2026R$8.1bR$204.7mR$73.4m10.1x109.9x39.4x
Fri, 12 Jun 2026R$8.1bR$188.4mR$55.9m8.6x144.4x42.9x
Sun, 10 May 2026R$8.7bR$114.6mR$5.9m27.3x1472.8x75.6x
Tue, 07 Apr 2026R$8.6bR$73.7mR$46.9m26.8x183.7x116.8x
Thu, 05 Mar 2026R$8.8bR$73.7mR$46.9m27.4x187.2x119.1x
Sat, 31 Jan 2026R$8.9bR$73.7mR$46.9m28.3x189.8x120.7x
Mon, 29 Dec 2025R$8.7bR$73.7mR$46.9m26.1x185.8x118.2x
Wed, 26 Nov 2025R$3.7bR$73.7mR$46.9m24.1x78.4x49.9x
Fri, 24 Oct 2025R$3.6bR$73.7mR$46.9m23x77.7x49.4x
Sun, 21 Sep 2025R$3.7bR$73.7mR$46.9m25x79.9x50.8x
Tue, 19 Aug 2025R$3.7bR$73.7mR$46.9m23.3x79.6x50.6x
Thu, 17 Jul 2025R$3.8bR$73.7mR$46.9m24.3x80.8x51.4x
Sat, 14 Jun 2025R$3.8bR$386.2mR$88.3m16.3x42.7x9.8x
Mon, 12 May 2025R$3.7bR$386.2mR$88.3m15.9x41.4x9.5x
Wed, 09 Apr 2025R$6.8bR$416.3mR$101.1m15.5x67.6x16.4x
Fri, 07 Mar 2025R$6.6bR$416.3mR$101.1m15.7x65.5x15.9x
Sun, 02 Feb 2025R$6.7bR$416.3mR$101.1m15.6x66.1x16.1x
Tue, 31 Dec 2024R$7.2bR$416.3mR$101.1m16.3x71.6x17.4x
Thu, 28 Nov 2024R$7.6bR$426.5mR$85.7m20.6x88.6x17.8x
Sat, 26 Oct 2024R$7.3bR$515.9mR$162.3m9.2x45.2x14.2x
Mon, 23 Sep 2024R$7.6bR$515.9mR$162.3m9.9x46.5x14.6x
Wed, 21 Aug 2024R$7.8bR$515.9mR$162.3m10.4x47.9x15.1x
Fri, 19 Jul 2024R$7.8bR$515.9mR$162.3m10.6x48x15.1x
Sun, 16 Jun 2024R$7.9bR$720.0mR$436.6m7.9x18.1x11x
Tue, 14 May 2024R$8.2bR$451.3mR$406.3m8.2x20.3x18.3x
Thu, 11 Apr 2024R$8.3bR$469.6mR$425.0m8.7x19.6x17.7x
Sat, 09 Mar 2024R$8.5bR$468.8mR$397.1m8x21.4x18.1x
Mon, 05 Feb 2024R$8.7bR$482.8mR$423.4m7.3x20.5x18x
Wed, 03 Jan 2024R$8.5bR$482.8mR$423.4m6.8x20.1x17.6x
Fri, 01 Dec 2023R$8.2bR$485.5mR$427.1m6.7x19.2x16.9x
Sun, 29 Oct 2023R$8.0bR$485.5mR$427.1m6.7x18.7x16.4x
Tue, 26 Sep 2023R$8.5bR$485.5mR$427.1m6.8x19.9x17.5x
Thu, 24 Aug 2023R$8.4bR$388.0mR$285.7m6.6x29.4x21.7x
Price to Earnings Ratio

29.4x


Total Market Cap: R$8.4bTotal Earnings: R$285.7mTotal Revenue: R$388.0mTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Office REITs Industry Price to Earnings3Y Average 123.5x202420252026
Current Industry PE
  • Investors are optimistic on the Brazilian Office REITs industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 140x which is higher than its 3-year average PE of 124x.
  • The industry's 3-year average PS ratio of 37.0x is exceeded by the industry's current PS ratio of 50.3x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have declined 36% per year over the last three years,
  • Revenues have also declined 19% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

BR Market-3.28%
Real Estate-2.32%
Office REITs-1.35%
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
BGRB11 Bgr B32 Fundo De Investimento ImobiliarioR$110.004.8%
+R$9.7m		10.0%n/a
CBOP11 Castello Branco Off Park Fund In ImR$36.5522.8%
+R$9.6m		59.0%n/a
VVCO11 XTED - TRX Edificios Corporativos Fundo Invest Imobiliario FII FundR$10.674.3%
+R$4.4m		-26.2%PB0.7x
CXCO11 Fundo De Investimento Imobiliario Caixa Imoveis CorporativosR$70.200.9%
+R$2.6m		22.1%n/a
CNES11 Fundo De Investimento Imobiliario Bm Cenesp - Fii - Inicio De NegociacaoR$1.383.0%
+R$1.6m		9.5%n/a

Latest News

TOPP11
R$63.46
Rbr Top Offices Fundo De Investimento Imobiliario Responsabilidade Limitada
7D
-2.1%
1Y
-8.7%
FPAB11
R$190.00
Fundo de Investimento Imobiliário Projeto Água Branca
7D
-3.7%
1Y
-15.6%
CEOC11
R$41.13
Fundo de Investimento Imobiliário FII CEO Cyrela Fund
7D
1.6%
1Y
-1.2%
BRCR11
R$38.79
Fundo de Investimento Imobiliário - FII BTG Pactual Office Fund
7D
-2.2%
1Y
-5.4%
FATN11
R$77.38
BRC Renda Corporativa FII - FII Athena I
7D
-1.2%
1Y
-4.9%
PVBI11
R$65.19
Fundo De Investimento ImobiliarRio Vbi Prime Properties
7D
-0.5%
1Y
-10.6%
KORE11
R$64.64
Kinea Oportunidades Real Estate Fundo De Investimento Imobiliario
7D
-3.6%
1Y
-7.9%
TVRI11
R$88.86
BB Progressivo II Fundo de Investimento Imobiliário - FII
7D
-0.8%
1Y
-2.7%
CXCO11
R$70.20
Fundo De Investimento Imobiliario Caixa Imoveis Corporativos
7D
0.9%
1Y
22.1%
GTWR11
R$78.01
Fundo Investimento Imobiliario Green Towers
7D
-1.0%
1Y
1.8%
VVCO11
R$10.67
XTED - TRX Edificios Corporativos Fundo Invest Imobiliario FII Fund
7D
4.3%
1Y
-26.2%
CBOP11
R$36.55
Castello Branco Off Park Fund In Im
7D
22.8%
1Y
59.0%
EDGA11
R$13.16
Fundo de Investimento Imobiliario - FII Edificio Galeria
7D
1.2%
1Y
-10.7%
BGRB11
R$110.00
Bgr B32 Fundo De Investimento Imobiliario
7D
4.8%
1Y
10.0%
LMAI11
R$34.40
Domo Fundo de Investimento Imobiliário - FII
7D
1.1%
1Y
-57.0%
CNES11
R$1.38
Fundo De Investimento Imobiliario Bm Cenesp - Fii - Inicio De Negociacao
7D
3.0%
1Y
9.5%