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Brazilian (BOVESPA) Office REITs Industry Analysis

UpdatedJul 26, 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 Imobiliário - FII BTG Pactual Office Fund declining 4.3%. In contrast, XTED - TRX Edificios Corporativos Fundo Invest Imobiliario FII Fund has gained 5.9%. Overall the industry is down 3.5% in 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 Jul 2026R$8.0bR$204.7mR$73.4m9.8x109.2x39.2x
Tue, 23 Jun 2026R$8.2bR$204.7mR$73.4m10.6x111.4x39.9x
Thu, 21 May 2026R$8.3bR$114.6mR$5.9m25.4x1414.7x72.6x
Sat, 18 Apr 2026R$8.7bR$114.6mR$5.9m27.2x1478x75.9x
Mon, 16 Mar 2026R$8.7bR$73.7mR$46.9m27.4x186.6x118.7x
Wed, 11 Feb 2026R$8.8bR$73.7mR$46.9m27.5x187x118.9x
Fri, 09 Jan 2026R$8.6bR$73.7mR$46.9m27.3x184.5x117.3x
Sun, 07 Dec 2025R$3.7bR$73.7mR$46.9m24.6x79.8x50.7x
Tue, 04 Nov 2025R$3.7bR$73.7mR$46.9m23.2x78.2x49.8x
Thu, 02 Oct 2025R$3.7bR$73.7mR$46.9m24.7x79.8x50.7x
Sat, 30 Aug 2025R$3.7bR$73.7mR$46.9m23.5x78.6x50x
Mon, 28 Jul 2025R$3.7bR$73.7mR$46.9m23.7x79.8x50.7x
Wed, 25 Jun 2025R$3.8bR$116.1mR$80.0m16.4x47.5x32.7x
Fri, 23 May 2025R$3.7bR$386.2mR$88.3m16.3x42.1x9.6x
Sun, 20 Apr 2025R$6.9bR$388.5mR$88.3m15.4x78.6x17.9x
Tue, 18 Mar 2025R$6.8bR$416.3mR$101.1m15.7x67.3x16.4x
Thu, 13 Feb 2025R$6.5bR$416.3mR$101.1m15.4x64.6x15.7x
Sat, 11 Jan 2025R$6.8bR$416.3mR$101.1m15.5x67.1x16.3x
Mon, 09 Dec 2024R$7.1bR$416.3mR$101.1m16.1x70.6x17.1x
Wed, 06 Nov 2024R$7.6bR$515.9mR$162.3m9x46.7x14.7x
Fri, 04 Oct 2024R$7.4bR$515.9mR$162.3m9.3x45.5x14.3x
Sun, 01 Sep 2024R$7.8bR$515.9mR$162.3m10.4x48.3x15.2x
Tue, 30 Jul 2024R$7.8bR$515.9mR$162.3m10.2x47.9x15.1x
Thu, 27 Jun 2024R$7.8bR$720.0mR$436.6m7.5x18x10.9x
Sat, 25 May 2024R$8.1bR$451.3mR$406.3m8.2x20x18x
Mon, 22 Apr 2024R$8.3bR$469.2mR$425.0m8.5x19.6x17.7x
Wed, 20 Mar 2024R$8.5bR$468.8mR$397.1m8x21.4x18.1x
Fri, 16 Feb 2024R$8.5bR$468.8mR$397.1m8.1x21.3x18.1x
Sun, 14 Jan 2024R$8.7bR$482.8mR$423.4m7.3x20.5x17.9x
Tue, 12 Dec 2023R$8.3bR$485.5mR$427.1m6.7x19.5x17.1x
Thu, 09 Nov 2023R$8.1bR$485.5mR$427.1m6.7x18.9x16.6x
Sat, 07 Oct 2023R$8.2bR$485.5mR$427.1m6.7x19.2x16.9x
Mon, 04 Sep 2023R$8.5bR$485.3mR$427.1m6.7x19.8x17.4x
Wed, 02 Aug 2023R$8.6bR$389.6mR$285.7m6.6x30x22x
Price to Earnings Ratio

30x


Total Market Cap: R$8.6bTotal Earnings: R$285.7mTotal Revenue: R$389.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Office REITs Industry Price to Earnings3Y Average 121.8x202420252026
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?

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