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Spanish (IBEX) Office REITs Industry Analysis

UpdatedFeb 27, 2026
DataAggregated Company Financials
Companies9
  • 7D2.5%
  • 3M3.5%
  • 1Y2.3%
  • YTD2.9%

The Office REITs industry is up 1.4% in the last week, with Colonial SFL Socimi S. A up 1.8%. The industry has been flat over the past 12 months despite the gain this week. In the next few years, earnings are forecast to decline by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Feb 2026€5.6b€763.6m€475.6m21.8x11.7x7.3x
Sun, 25 Jan 2026€5.3b€744.2m€481.3m21.8x11x7.1x
Tue, 23 Dec 2025€5.4b€744.2m€481.3m22.2x11.2x7.2x
Thu, 20 Nov 2025€5.3b€740.4m€481.3m22.2x11x7.1x
Sat, 18 Oct 2025€5.5b€645.7m€500.8m22.2x11.1x8.6x
Mon, 15 Sep 2025€5.6b€645.6m€487.0m22.6x11.5x8.7x
Wed, 13 Aug 2025€5.6b€625.9m€489.3m22.4x11.5x9x
Fri, 11 Jul 2025€5.7b€719.2m€317.4m22.2x18.1x8x
Sun, 08 Jun 2025€5.8b€695.5m€306.1m22.6x19x8.4x
Tue, 06 May 2025€5.1b€654.3m€308.9m23.4x16.6x7.8x
Thu, 03 Apr 2025€4.9b€653.1m€306.2m22.4x16x7.5x
Sat, 01 Mar 2025€5.1b€530.9m€304.2m22.3x16.7x9.6x
Mon, 27 Jan 2025€4.8b€553.5m-€567,020,753.0023.2x-8.4x8.6x
Wed, 25 Dec 2024€4.8b€565.6m-€555,422,753.0023.4x-8.6x8.4x
Fri, 22 Nov 2024€5.0b€565.6m-€555,422,753.0023.4x-9x8.8x
Sun, 20 Oct 2024€5.3b€645.1m-€585,139,655.0023.4x-9.1x8.2x
Tue, 17 Sep 2024€5.6b€643.3m-€588,910,840.0023.1x-9.5x8.7x
Thu, 15 Aug 2024€5.0b€643.9m-€584,324,052.0023.1x-8.5x7.7x
Sat, 13 Jul 2024€5.1b€543.3m-€990,774,052.0023.1x-5.1x9.4x
Mon, 10 Jun 2024€5.0b€541.9m-€991,373,056.0023.6x-5x9.1x
Wed, 08 May 2024€4.6b€536.4m-€1,043,164,523.0023.6x-4.4x8.6x
Fri, 05 Apr 2024€4.4b€533.9m-€1,041,630,523.0022.4x-4.2x8.2x
Sun, 03 Mar 2024€4.2b€509.8m-€1,032,143,501.0020x-4.1x8.2x
Tue, 30 Jan 2024€4.6b€518.7m-€649,251,613.0017.4x-7.1x8.9x
Thu, 28 Dec 2023€5.1b€518.0m-€649,892,888.0017.9x-7.8x9.8x
Sat, 25 Nov 2023€4.7b€518.0m-€649,892,888.0017.9x-7.2x9.1x
Mon, 23 Oct 2023€4.3b€519.0m-€657,237,836.0018x-6.6x8.3x
Wed, 20 Sep 2023€4.5b€519.0m-€657,237,836.0018x-6.9x8.7x
Fri, 18 Aug 2023€4.2b€519.0m-€657,237,836.0017.9x-6.5x8.2x
Sun, 16 Jul 2023€4.3b€511.0m€132.4m20.3x32.5x8.4x
Tue, 13 Jun 2023€4.4b€462.0m€119.0m28.7x37.4x9.6x
Thu, 11 May 2023€4.4b€397.3m€23.5m114.9x185.6x11x
Sat, 08 Apr 2023€4.4b€397.3m€23.5m113.6x189.5x11.2x
Price to Earnings Ratio

186.9x


Total Market Cap: €4.4bTotal Earnings: €23.5mTotal Revenue: €397.3mTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Office REITs Industry Price to Earnings3Y Average 12.9x202420252026
Current Industry PE
  • Investors are relatively neutral on the Spanish Office REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 12.9x.
  • The 3-year average PS ratio of 8.6x is higher than the industry's current PS ratio of 7.2x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have grown 173% per year over the last three years.
  • Revenues for these companies have grown 24% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

ES Market2.31%
Real Estate2.34%
Office REITs2.45%
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
COL Colonial SFL Socimi S. A€5.523.6%
+€116.2m
-2.4%PB0.6x
ARM Árima Real Estate SOCIMI€12.006.3%
+€17.4m
22.7%PB1.1x