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Spanish (IBEX) Office REITs Industry Analysis

UpdatedMay 20, 2026
DataAggregated Company Financials
Companies9
  • 7D2.1%
  • 3M9.8%
  • 1Y3.3%
  • YTD9.3%

The Office REITs industry is up 2.1% in the last week, with Colonial SFL Socimi S. A up 5.4%. This takes the industry's 12 month performance to a gain of 3.3%. As for the next few years, earnings are expected to grow by 7.0% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 May 2026€6.1b€692.8m€399.1m21.6x15.3x8.8x
Sat, 18 Apr 2026€6.1b€685.6m€397.1m22x15.3x8.9x
Mon, 16 Mar 2026€5.6b€685.2m€396.8m22.1x14.1x8.2x
Wed, 11 Feb 2026€5.5b€744.2m€481.3m21.8x11.3x7.3x
Fri, 09 Jan 2026€5.4b€744.2m€481.3m22.2x11.3x7.3x
Sun, 07 Dec 2025€5.3b€744.2m€481.3m22.2x11.1x7.1x
Tue, 04 Nov 2025€5.5b€645.7m€500.8m22.2x10.9x8.5x
Thu, 02 Oct 2025€5.5b€645.6m€500.8m22.2x11x8.6x
Sat, 30 Aug 2025€5.6b€645.6m€487.0m22.6x11.5x8.7x
Mon, 28 Jul 2025€5.7b€626.2m€489.3m22.2x11.6x9x
Wed, 25 Jun 2025€5.8b€719.2m€317.4m22.9x18.2x8.1x
Fri, 23 May 2025€5.7b€692.0m€304.4m25.1x18.6x8.2x
Sun, 20 Apr 2025€5.0b€653.1m€306.2m22.4x16.3x7.7x
Tue, 18 Mar 2025€4.9b€531.5m€306.3m22.3x16x9.2x
Thu, 13 Feb 2025€5.0b€553.5m-€567,020,753.0023.4x-8.8x9x
Sat, 11 Jan 2025€4.7b€553.5m-€567,020,753.0023.2x-8.2x8.4x
Mon, 09 Dec 2024€4.9b€565.6m-€555,422,753.0023.4x-8.9x8.7x
Wed, 06 Nov 2024€5.0b€657.3m-€573,541,655.0023.4x-8.7x7.6x
Fri, 04 Oct 2024€5.4b€645.1m-€585,139,655.0023.3x-9.2x8.3x
Sun, 01 Sep 2024€5.1b€643.3m-€588,910,840.0023.1x-8.7x8x
Tue, 30 Jul 2024€4.8b€543.3m-€990,774,052.0023.1x-4.9x8.9x
Thu, 27 Jun 2024€4.5b€543.3m-€990,774,052.0022.8x-4.5x8.3x
Sat, 25 May 2024€4.9b€541.9m-€991,373,056.0023.6x-4.9x9x
Mon, 22 Apr 2024€4.5b€536.0m-€1,042,892,523.0023.6x-4.3x8.3x
Wed, 20 Mar 2024€4.3b€534.1m-€1,037,851,501.0020x-4.2x8.1x
Fri, 16 Feb 2024€4.3b€520.7m-€702,164,501.0020x-6.1x8.3x
Sun, 14 Jan 2024€4.8b€518.7m-€649,251,613.0017.4x-7.3x9.2x
Tue, 12 Dec 2023€4.9b€518.0m-€649,892,888.0017.9x-7.6x9.6x
Thu, 09 Nov 2023€4.5b€519.8m-€655,551,888.0018x-6.9x8.7x
Sat, 07 Oct 2023€4.3b€519.0m-€657,237,836.0018x-6.6x8.4x
Mon, 04 Sep 2023€4.3b€519.0m-€657,237,836.0018x-6.5x8.3x
Wed, 02 Aug 2023€4.5b€521.8m-€570,263,127.0019.8x-7.8x8.6x
Fri, 30 Jun 2023€4.3b€461.8m€119.0m28.7x36.5x9.4x
Sun, 28 May 2023€4.3b€405.3m€95.3m25.3x44.9x10.6x
Price to Earnings Ratio

44.9x


Total Market Cap: €4.3bTotal Earnings: €95.3mTotal Revenue: €405.3mTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Office REITs Industry Price to Earnings3Y Average 4.3x202420252026
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 15.3x which is higher than its 3-year average PE of 4.3x.
  • The industry is trading close to its 3-year average PS ratio of 8.4x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have grown 61% per year over the last three years.
  • Revenues for these companies have grown 20% 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 Market0.64%
Real Estate-0.072%
Office REITs2.11%
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€5.555.4%
+€176.6m
-6.6%PB0.6x
YZBL Zambal Spain Socimi€0.943.3%
+€19.4m
0%PB0.8x
YEPSA Emperador Properties SOCIMI€9.301.6%
+€18.2m
80.6%PB2.9x
YLFG Lafinca Global Assets SOCIMI€4.383.8%
+€6.0m
1.4%PB1.5x

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