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Brazilian (BOVESPA) Office REITs Industry Analysis

UpdatedJun 11, 2026
DataAggregated Company Financials
Companies19
  • 7D-1.9%
  • 3M-9.6%
  • 1Y-4.2%
  • YTDn/a

Over the last 7 days, the Office REITs industry has dropped 1.1%, driven by a pullback from Fundo de Investimento Imobiliário - FII Torre Norte of 8.7%. However, the industry is down 4.0% over the past year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 11 Jun 2026R$8.0bR$188.4mR$55.9m8.6x143.6x42.6x
Sat, 09 May 2026R$8.7bR$114.6mR$5.9m27.3x1472.8x75.6x
Mon, 06 Apr 2026R$8.6bR$73.7mR$46.9m26.9x183.6x116.8x
Wed, 04 Mar 2026R$8.8bR$73.7mR$46.9m27.5x188.1x119.7x
Fri, 30 Jan 2026R$8.9bR$73.7mR$46.9m28x189.8x120.7x
Sun, 28 Dec 2025R$8.7bR$73.7mR$46.9m26.1x185.8x118.2x
Tue, 25 Nov 2025R$3.7bR$73.7mR$46.9m24.1x78.1x49.7x
Thu, 23 Oct 2025R$3.6bR$73.7mR$46.9m22.9x77.6x49.4x
Sat, 20 Sep 2025R$3.7bR$73.7mR$46.9m25x79.8x50.7x
Mon, 18 Aug 2025R$3.7bR$73.7mR$46.9m23.3x79.2x50.4x
Wed, 16 Jul 2025R$3.8bR$73.7mR$46.9m24.2x80.7x51.3x
Fri, 13 Jun 2025R$3.8bR$386.2mR$88.3m16.4x42.8x9.8x
Sun, 11 May 2025R$3.7bR$386.2mR$88.3m15.9x41.4x9.5x
Tue, 08 Apr 2025R$6.9bR$416.3mR$101.1m15.5x67.8x16.5x
Thu, 06 Mar 2025R$6.7bR$416.3mR$101.1m15.5x66.1x16x
Sat, 01 Feb 2025R$6.7bR$416.3mR$101.1m15.6x65.8x16x
Mon, 30 Dec 2024R$7.2bR$416.3mR$101.1m16.3x71.6x17.4x
Wed, 27 Nov 2024R$7.6bR$426.5mR$85.7m22.6x88.5x17.8x
Fri, 25 Oct 2024R$7.3bR$515.9mR$162.3m9.2x44.9x14.1x
Sun, 22 Sep 2024R$7.6bR$515.9mR$162.3m9.9x46.5x14.6x
Tue, 20 Aug 2024R$7.8bR$515.9mR$162.3m10.4x47.9x15.1x
Thu, 18 Jul 2024R$7.8bR$515.9mR$162.3m10.6x48.1x15.1x
Sat, 15 Jun 2024R$7.9bR$720.0mR$436.6m7.9x18.1x11x
Mon, 13 May 2024R$8.2bR$451.3mR$406.3m8.3x20.3x18.3x
Wed, 10 Apr 2024R$8.4bR$469.6mR$425.0m8.7x19.7x17.8x
Fri, 08 Mar 2024R$8.5bR$468.8mR$397.1m7.9x21.3x18x
Sun, 04 Feb 2024R$8.7bR$482.8mR$423.4m7.3x20.5x18x
Tue, 02 Jan 2024R$8.6bR$482.8mR$423.4m6.9x20.2x17.8x
Thu, 30 Nov 2023R$8.2bR$485.5mR$427.1m6.7x19.2x16.9x
Sat, 28 Oct 2023R$7.9bR$485.5mR$427.1m6.7x18.6x16.4x
Mon, 25 Sep 2023R$8.6bR$485.5mR$427.1m6.8x20x17.6x
Wed, 23 Aug 2023R$8.4bR$388.0mR$285.7m6.6x29.6x21.8x
Fri, 21 Jul 2023R$8.6bR$252.1mR$296.3m6.6x29.1x34.2x
Sun, 18 Jun 2023R$8.2bR$466.3mR$421.2m7x19.5x17.6x
Price to Earnings Ratio

19.5x


Total Market Cap: R$8.2bTotal Earnings: R$421.2mTotal Revenue: R$466.3mTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Office REITs Industry Price to Earnings3Y Average 118.2x202420252026
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 145x which is higher than its 3-year average PE of 118x.
  • The industry's 3-year average PS ratio of 36.3x is exceeded by the industry's current PS ratio of 43.0x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have declined 49% per year over the last three years,
  • Revenues have also declined 26% 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-0.59%
Real Estate-1.54%
REITS-2.04%
Office REITs-1.88%
Healthcare REITs2.43%
Residential REITs0%0
Specialized REITs0%0
Hotel and Resort REITs0%0
Retail REITs-1.64%
Industrial REITs-1.66%
Diversified REITs-2.04%
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
GTWR11 Fundo Investimento Imobiliario Green TowersR$80.090.4%
+R$3.4m		4.7%n/a
PRSV11 Fundo de Investimento Imobiliário Presidente VargasR$34.4914.7%
+R$1.1m		-18.3%n/a
FPAB11 Fundo de Investimento Imobiliário Projeto Água BrancaR$204.990.5%
+R$750.0k		13.7%n/a
RBOP11 Fundo De Investimento Imobiliário Mercantil Do Brasil-fii -InicioR$225.001.3%
+R$286.7k		10.3%n/a

Latest News

FPAB11
R$204.99
Fundo de Investimento Imobiliário Projeto Água Branca
7D
0.5%
1Y
13.7%
BRCR11
R$43.18
Fundo de Investimento Imobiliário - FII BTG Pactual Office Fund
7D
-2.2%
1Y
1.4%
FATN11
R$80.10
BRC Renda Corporativa FII - FII Athena I
7D
-4.7%
1Y
4.9%
VVCO11
R$8.50
XTED - TRX Edificios Corporativos Fundo Invest Imobiliario FII Fund
7D
-12.7%
1Y
-41.0%
TRNT11
R$105.01
Fundo de Investimento Imobiliário - FII Torre Norte
7D
-8.7%
1Y
7.2%
TVRI11
R$88.97
BB Progressivo II Fundo de Investimento Imobiliário - FII
7D
-1.7%
1Y
-3.8%
RBOP11
R$225.00
Fundo De Investimento Imobiliário Mercantil Do Brasil-fii -Inicio
7D
1.3%
1Y
10.3%
VINO11
R$4.59
Vinci Fundo De Investimento Imobiliario
7D
-3.0%
1Y
-8.7%
BBRC11
R$103.35
BB Renda Corporativa Fundo de Investimento Imobiliário - FII
7D
-1.5%
1Y
2.5%
KORE11
R$64.00
Kinea Oportunidades Real Estate Fundo De Investimento Imobiliario
7D
-3.5%
1Y
-20.2%
GTWR11
R$80.09
Fundo Investimento Imobiliario Green Towers
7D
0.4%
1Y
4.7%
PRSV11
R$34.49
Fundo de Investimento Imobiliário Presidente Vargas
7D
14.7%
1Y
-18.3%