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Spanish (IBEX) Office REITs Industry Analysis

UpdatedMay 23, 2026
DataAggregated Company Financials
Companies9
  • 7D2.6%
  • 3M9.8%
  • 1Y5.7%
  • YTDn/a

The Office REITs industry is up 2.6% in the last week, with Colonial SFL Socimi S. A up 4.1%. In the last 12 months, the industry was up 5.7%. Looking forward, earnings are forecast to grow by 7.0% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 23 May 2026€6.2b€691.4m€395.2m21.6x15.6x8.9x
Mon, 20 Apr 2026€6.1b€685.6m€397.1m22x15.3x8.9x
Wed, 18 Mar 2026€5.7b€685.2m€396.8m22.1x14.4x8.3x
Fri, 13 Feb 2026€5.4b€744.2m€481.3m21.8x11.1x7.2x
Sun, 11 Jan 2026€5.4b€744.2m€481.3m22.2x11.3x7.3x
Tue, 09 Dec 2025€5.3b€744.2m€481.3m22.2x10.9x7.1x
Thu, 06 Nov 2025€5.4b€645.7m€500.8m22.2x10.9x8.4x
Sat, 04 Oct 2025€5.5b€645.6m€500.8m22.2x11x8.5x
Mon, 01 Sep 2025€5.6b€645.6m€487.0m22.6x11.5x8.7x
Wed, 30 Jul 2025€5.6b€625.9m€489.3m22.4x11.5x9x
Fri, 27 Jun 2025€5.8b€719.2m€317.4m22.9x18.2x8x
Sun, 25 May 2025€5.7b€692.0m€304.4m25.1x18.6x8.2x
Tue, 22 Apr 2025€5.0b€653.1m€306.2m22.4x16.3x7.7x
Thu, 20 Mar 2025€4.9b€653.0m€306.3m22.3x16x7.5x
Sat, 15 Feb 2025€5.0b€553.5m-€567,020,753.0023.4x-8.8x9x
Mon, 13 Jan 2025€4.7b€553.5m-€567,020,753.0023.2x-8.2x8.4x
Wed, 11 Dec 2024€4.8b€565.6m-€555,422,753.0023.4x-8.6x8.5x
Fri, 08 Nov 2024€4.9b€657.3m-€573,541,655.0023.4x-8.6x7.5x
Sun, 06 Oct 2024€5.4b€645.1m-€585,139,655.0023.3x-9.2x8.3x
Tue, 03 Sep 2024€5.2b€643.3m-€588,910,840.0023.1x-8.9x8.1x
Thu, 01 Aug 2024€4.9b€543.3m-€990,774,052.0023.1x-5x9.1x
Sat, 29 Jun 2024€4.5b€543.3m-€990,774,052.0022.8x-4.5x8.3x
Mon, 27 May 2024€4.9b€541.9m-€991,373,056.0023.6x-4.9x9x
Wed, 24 Apr 2024€4.5b€536.0m-€1,042,892,523.0023.6x-4.3x8.4x
Fri, 22 Mar 2024€4.4b€534.1m-€1,037,851,501.0020x-4.2x8.2x
Sun, 18 Feb 2024€4.3b€520.7m-€702,164,501.0020x-6.2x8.3x
Tue, 16 Jan 2024€4.9b€621.6m-€634,586,872.0014.8x-7.7x7.9x
Thu, 14 Dec 2023€5.1b€620.9m-€635,228,147.0015.7x-8x8.2x
Sat, 11 Nov 2023€4.6b€622.8m-€640,887,147.0016x-7.2x7.4x
Mon, 09 Oct 2023€4.5b€621.9m-€642,573,095.0016x-7x7.2x
Wed, 06 Sep 2023€4.7b€621.9m-€642,573,095.0016x-7.2x7.5x
Fri, 04 Aug 2023€4.5b€625.1m-€592,939,386.0015.6x-7.6x7.2x
Sun, 02 Jul 2023€4.5b€564.7m€133.7m25.2x33.9x8x
Tue, 30 May 2023€4.5b€508.2m€110.0m19.9x40.5x8.8x
Price to Earnings Ratio

40.5x


Total Market Cap: €4.5bTotal Earnings: €110.0mTotal Revenue: €508.2mTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Office REITs Industry Price to Earnings3Y Average 4x202420252026
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 15.6x which is higher than its 3-year average PE of 4.0x.
  • The industry is trading close to its 3-year average PS ratio of 8.1x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have grown 53% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Spanish Office REITs compare with similar industries?

ES Market1.85%
Real Estate0.41%
REITS1.34%
Office REITs2.55%
Residential REITs1.35%
Diversified REITs1.34%
Industrial REITs0%0
Healthcare REITs0%0
Retail REITs-0.28%
Hotel and Resort REITs-0.39%
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€5.584.1%
+€136.3m
-4.9%PB0.6x
YEPSA Emperador Properties SOCIMI€9.401.1%
+€12.1m
82.5%PB3x
YZBL Zambal Spain Socimi€0.941.1%
+€6.5m
0%PB0.8x
YLFG Lafinca Global Assets SOCIMI€4.380.9%
+€1.5m
1.4%PB1.5x

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