Header cover image

Spanish (IBEX) Office REITs Industry Analysis

UpdatedJun 23, 2025
DataAggregated Company Financials
Companies9
  • 7D-1.8%
  • 3M8.3%
  • 1Y4.5%
  • YTD10.2%

Over the last 7 days, the Office REITs industry has dropped 1.8%, driven by Inmobiliaria Colonial SOCIMI declining 4.7%. In contrast, Emperador Properties SOCIMI has gained 7.7%. In the past year, the industry has gained 4.5%. As for the next few years, earnings are expected to grow by 9.9% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 23 Jun 2025€5.7b€719.2m€317.4m22.9x18.1x8x
Wed, 21 May 2025€5.7b€692.0m€304.4m25.1x18.9x8.3x
Fri, 18 Apr 2025€5.0b€653.1m€306.2m22.4x16.3x7.7x
Sun, 16 Mar 2025€4.8b€531.5m€306.3m22.3x15.8x9.1x
Tue, 11 Feb 2025€4.9b€553.5m-€567,020,753.0023.4x-8.7x8.9x
Thu, 09 Jan 2025€4.8b€553.5m-€567,020,753.0023.2x-8.4x8.6x
Sat, 07 Dec 2024€4.9b€565.6m-€555,422,753.0023.4x-8.9x8.7x
Mon, 04 Nov 2024€5.0b€657.3m-€573,541,655.0023.4x-8.7x7.6x
Wed, 02 Oct 2024€5.4b€670.3m-€564,232,586.0023.3x-9.7x8.1x
Fri, 30 Aug 2024€5.0b€643.3m-€588,910,840.0023.1x-8.5x7.8x
Sun, 28 Jul 2024€4.8b€543.3m-€990,774,052.0023.1x-4.9x8.9x
Tue, 25 Jun 2024€4.6b€541.6m-€991,373,056.0022.8x-4.6x8.4x
Thu, 23 May 2024€4.9b€541.9m-€990,545,434.0023.6x-5x9.1x
Sat, 20 Apr 2024€4.4b€533.9m-€1,041,630,523.0022.4x-4.2x8.3x
Mon, 18 Mar 2024€4.3b€534.1m-€1,037,851,501.0020x-4.1x8.1x
Wed, 14 Feb 2024€4.3b€518.7m-€649,251,613.0017.4x-6.6x8.3x
Fri, 12 Jan 2024€4.7b€518.7m-€649,251,613.0017.4x-7.3x9.1x
Sun, 10 Dec 2023€4.9b€518.0m-€649,892,888.0017.9x-7.6x9.5x
Tue, 07 Nov 2023€4.5b€519.8m-€655,551,888.0018x-6.9x8.7x
Thu, 05 Oct 2023€4.5b€519.0m-€657,237,836.0018x-6.8x8.6x
Sat, 02 Sep 2023€4.3b€519.0m-€657,237,836.0018x-6.5x8.3x
Mon, 31 Jul 2023€4.5b€521.8m-€570,263,127.0019.8x-7.9x8.6x
Wed, 28 Jun 2023€4.3b€461.8m€119.0m28.7x36.2x9.3x
Fri, 26 May 2023€4.3b€405.3m€95.3m25.2x45.4x10.7x
Sun, 23 Apr 2023€4.4b€397.3m€23.5m114.9x187.8x11.1x
Price to Earnings Ratio

191x


Total Market Cap: €4.5bTotal Earnings: €23.5mTotal Revenue: €397.3mTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Office REITs Industry Price to Earnings3Y Average 13.1x20242025
Current Industry PE
  • Investors are optimistic on the Spanish Office REITs industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 18.1x which is higher than its 3-year average PE of 13.1x.
  • The industry is trading close to its 3-year average PS ratio of 8.8x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have grown 138% per year over the last three years.
  • Revenues for these companies have grown 22% 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 Market-0.59%
Real Estate-0.025%
Office REITs-1.75%
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
YEPSA Emperador Properties SOCIMI€5.607.7%
+€40.8m
33.3%PB1.5x

Latest News