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Spanish (IBEX) Office REITs Industry Analysis

UpdatedDec 31, 2025
DataAggregated Company Financials
Companies9
  • 7D1.4%
  • 3M-1.6%
  • 1Y5.7%
  • YTDn/a

In the last week, the Office REITs industry is up 1.1%, with all of the companies up. This takes the industry's 12 month performance to a gain of 4.5%. In the next few years, earnings are forecast to decline by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 31 Dec 2025€5.5b€744.2m€481.3m22.2x11.4x7.4x
Fri, 28 Nov 2025€5.3b€744.2m€481.3m22.2x11.1x7.2x
Sun, 26 Oct 2025€5.5b€645.7m€500.8m22.2x11.1x8.6x
Tue, 23 Sep 2025€5.5b€645.6m€487.0m22.2x11.3x8.5x
Thu, 21 Aug 2025€5.7b€645.6m€487.0m22.4x11.7x8.8x
Sat, 19 Jul 2025€5.7b€719.2m€317.4m22.2x18x7.9x
Mon, 16 Jun 2025€5.8b€719.2m€317.4m22.9x18.4x8.1x
Wed, 14 May 2025€5.6b€657.7m€301.2m22.6x18.5x8.5x
Fri, 11 Apr 2025€4.7b€653.1m€306.2m22.4x15.4x7.2x
Sun, 09 Mar 2025€4.8b€531.5m€306.3m22.3x15.8x9.1x
Tue, 04 Feb 2025€4.9b€553.5m-€567,020,753.0023.2x-8.7x8.9x
Thu, 02 Jan 2025€4.8b€553.5m-€567,020,753.0023.4x-8.4x8.6x
Sat, 30 Nov 2024€4.9b€565.6m-€555,422,753.0023.4x-8.9x8.7x
Mon, 28 Oct 2024€5.2b€657.3m-€573,541,655.0023.4x-9x7.9x
Wed, 25 Sep 2024€5.5b€644.9m-€585,350,840.0023.1x-9.4x8.5x
Fri, 23 Aug 2024€5.0b€643.6m-€588,910,840.0023.1x-8.5x7.8x
Sun, 21 Jul 2024€4.9b€543.3m-€990,774,052.0023.1x-4.9x9x
Tue, 18 Jun 2024€4.8b€541.6m-€991,373,056.0023.6x-4.8x8.8x
Thu, 16 May 2024€4.8b€541.9m-€1,016,464,523.0023.6x-4.8x8.9x
Sat, 13 Apr 2024€4.5b€533.9m-€1,041,630,523.0022.4x-4.3x8.3x
Mon, 11 Mar 2024€4.3b€530.9m-€1,036,997,501.0020x-4.2x8.2x
Wed, 07 Feb 2024€4.4b€518.7m-€649,251,613.0017.4x-6.8x8.5x
Fri, 05 Jan 2024€5.2b€620.9m-€635,228,147.0015.7x-8.1x8.3x
Sun, 03 Dec 2023€5.0b€620.9m-€635,228,147.0015.7x-7.9x8.1x
Tue, 31 Oct 2023€4.5b€621.9m-€642,573,095.0016x-6.9x7.2x
Thu, 28 Sep 2023€4.5b€621.9m-€642,573,095.0016x-7x7.3x
Sat, 26 Aug 2023€4.3b€621.9m-€642,573,095.0015.7x-6.8x7x
Mon, 24 Jul 2023€4.6b€613.9m€147.1m19.8x31.4x7.5x
Wed, 21 Jun 2023€4.6b€564.9m€133.7m26.3x34.1x8.1x
Fri, 19 May 2023€4.4b€500.2m€38.1m30.7x116.5x8.9x
Sun, 16 Apr 2023€4.7b€500.2m€38.1m30.7x123.1x9.4x
Tue, 14 Mar 2023€4.7b€490.9m€38.1m30.7x124.5x9.7x
Thu, 09 Feb 2023€5.2b€481.3m€819.5m5.3x6.4x10.9x
Sat, 07 Jan 2023€4.9b€481.3m€819.5m4.9x6x10.2x
Price to Earnings Ratio

6x


Total Market Cap: €4.9bTotal Earnings: €819.5mTotal Revenue: €481.3mTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Office REITs Industry Price to Earnings3Y Average 10.6x20242025
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 10.6x.
  • The 3-year average PS ratio of 8.4x is higher than the industry's current PS ratio of 7.3x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have declined 16% per year over the last three years.
  • Meanwhile revenues for these companies have grown 16% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Spanish Office REITs compare with similar industries?

ES Market0.99%
Real Estate1.26%
REITS0.82%
Office REITs1.41%
Retail REITs3.00%
Industrial REITs0.88%
Diversified REITs0.82%
Hotel and Resort REITs0.48%
Residential REITs0.098%
Healthcare REITs-0.56%
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€5.432.4%
+€76.5m
4.8%PB0.6x