Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Brazilian (BOVESPA) Office REITs Industry Analysis

UpdatedJul 27, 2026
DataAggregated Company Financials
Companies19
  • 7D-1.7%
  • 3M-9.1%
  • 1Y-3.5%
  • YTDn/a

Over the last 7 days, the Office REITs industry has dropped 1.7%, driven by Fundo De Investimento ImobiliarRio Vbi Prime Properties declining 2.4%. Meanwhile, XTED - TRX Edificios Corporativos Fundo Invest Imobiliario FII Fund actually outperformed within the industry, gaining 10.0% in the last week. The industry has fallen 3.5% in the last year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 27 Jul 2026R$8.0bR$204.7mR$73.4m9.8x109.2x39.2x
Wed, 24 Jun 2026R$8.1bR$204.7mR$73.4m10.6x110.9x39.8x
Fri, 22 May 2026R$8.3bR$114.6mR$5.9m25.5x1406.3x72.2x
Sun, 19 Apr 2026R$8.7bR$114.6mR$5.9m27.2x1478x75.9x
Tue, 17 Mar 2026R$8.7bR$73.7mR$46.9m27.4x186.6x118.7x
Thu, 12 Feb 2026R$8.7bR$73.7mR$46.9m27.6x185.6x118x
Sat, 10 Jan 2026R$8.6bR$73.7mR$46.9m26.9x183.8x116.9x
Mon, 08 Dec 2025R$3.7bR$73.7mR$46.9m24.6x79.8x50.7x
Wed, 05 Nov 2025R$3.7bR$73.7mR$46.9m23.3x77.9x49.6x
Fri, 03 Oct 2025R$3.7bR$73.7mR$46.9m24.5x79x50.2x
Sun, 31 Aug 2025R$3.7bR$73.7mR$46.9m23.5x79x50.3x
Tue, 29 Jul 2025R$3.7bR$73.7mR$46.9m23.5x79.8x50.8x
Thu, 26 Jun 2025R$3.8bR$116.1mR$80.0m16.2x47.2x32.5x
Sat, 24 May 2025R$3.7bR$386.2mR$88.3m16.3x41.9x9.6x
Mon, 21 Apr 2025R$6.9bR$388.5mR$88.3m15.4x78.6x17.9x
Wed, 19 Mar 2025R$6.8bR$416.3mR$101.1m15.7x67.5x16.4x
Fri, 14 Feb 2025R$6.5bR$416.3mR$101.1m15.4x64.4x15.6x
Sun, 12 Jan 2025R$6.8bR$416.3mR$101.1m15.5x66.8x16.2x
Tue, 10 Dec 2024R$7.1bR$416.3mR$101.1m15.9x70.6x17.1x
Thu, 07 Nov 2024R$7.6bR$515.9mR$162.3m9.1x46.6x14.7x
Sat, 05 Oct 2024R$7.4bR$515.9mR$162.3m9.4x45.7x14.4x
Mon, 02 Sep 2024R$7.8bR$515.9mR$162.3m10.4x48.3x15.2x
Wed, 31 Jul 2024R$7.8bR$515.9mR$162.3m10.5x48x15.1x
Fri, 28 Jun 2024R$7.9bR$720.0mR$436.6m7.6x18x10.9x
Sun, 26 May 2024R$8.1bR$451.3mR$406.3m8.2x20x18x
Tue, 23 Apr 2024R$8.3bR$469.2mR$425.0m8.5x19.6x17.7x
Thu, 21 Mar 2024R$8.5bR$468.8mR$397.1m7.9x21.3x18x
Sat, 17 Feb 2024R$8.5bR$468.8mR$397.1m8.1x21.3x18.1x
Mon, 15 Jan 2024R$8.7bR$482.8mR$423.4m7.3x20.5x17.9x
Wed, 13 Dec 2023R$8.3bR$485.5mR$427.1m6.7x19.5x17.1x
Fri, 10 Nov 2023R$8.1bR$485.5mR$427.1m6.7x18.9x16.6x
Sun, 08 Oct 2023R$8.2bR$485.5mR$427.1m6.7x19.1x16.8x
Tue, 05 Sep 2023R$8.4bR$485.3mR$427.1m6.7x19.8x17.4x
Thu, 03 Aug 2023R$8.6bR$388.0mR$285.7m6.6x30x22.1x
Price to Earnings Ratio

30x


Total Market Cap: R$8.6bTotal Earnings: R$285.7mTotal Revenue: R$388.0mTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Office REITs Industry Price to Earnings3Y Average 121.9x202420252026
Current Industry PE
  • Investors are pessimistic on the Brazilian Office 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 109x which is lower than its 3-year average PE of 122x.
  • The industry is trading close to its 3-year average PS ratio of 36.7x.
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 Comparison

How does Brazilian Office REITs compare with similar industries?

BR Market-0.099%
Real Estate-1.60%
REITS-1.21%
Office REITs-1.66%
Residential REITs0%0
Specialized REITs0%0
Hotel and Resort REITs0%0
Industrial REITs-0.80%
Diversified REITs-1.21%
Retail REITs-1.34%
Healthcare REITs-12.62%
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
VVCO11 XTED - TRX Edificios Corporativos Fundo Invest Imobiliario FII FundR$10.4510.0%
+R$9.4m		-25.4%PB0.7x
EDGA11 Fundo de Investimento Imobiliario - FII Edificio GaleriaR$13.723.5%
+R$1.8m		-11.5%PB0.3x
GTWR11 Fundo Investimento Imobiliario Green TowersR$80.370.09%
+R$840.0k		6.6%n/a
XPCM11 XP Macaé Fundo de Investimento Imobiliário - FIIR$8.050.2%
+R$48.3k		11.5%n/a

Latest News

EDGA11
R$13.72
Fundo de Investimento Imobiliario - FII Edificio Galeria
7D
3.5%
1Y
-11.5%
TRNT11
R$105.00
Fundo de Investimento Imobiliário - FII Torre Norte
7D
-4.5%
1Y
8.2%
VVCO11
R$10.45
XTED - TRX Edificios Corporativos Fundo Invest Imobiliario FII Fund
7D
10.0%
1Y
-25.4%
FPAB11
R$193.00
Fundo de Investimento Imobiliário Projeto Água Branca
7D
-3.5%
1Y
-7.7%
BRCR11
R$39.22
Fundo de Investimento Imobiliário - FII BTG Pactual Office Fund
7D
-2.9%
1Y
-5.0%
PVBI11
R$70.76
Fundo De Investimento ImobiliarRio Vbi Prime Properties
7D
-2.4%
1Y
-4.3%
KORE11
R$64.78
Kinea Oportunidades Real Estate Fundo De Investimento Imobiliario
7D
-0.6%
1Y
-11.8%
GTWR11
R$80.37
Fundo Investimento Imobiliario Green Towers
7D
0.09%
1Y
6.6%
TVRI11
R$91.44
BB Progressivo II Fundo de Investimento Imobiliário - FII
7D
-0.2%
1Y
-1.1%
LMAI11
R$34.00
Domo Fundo de Investimento Imobiliário - FII
7D
-5.6%
1Y
-58.4%
VINO11
R$4.61
Vinci Fundo De Investimento Imobiliario
7D
-0.6%
1Y
-9.8%
XPCM11
R$8.05
XP Macaé Fundo de Investimento Imobiliário - FII
7D
0.2%
1Y
11.5%