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Spanish (IBEX) Office REITs Industry Analysis

UpdatedApr 08, 2026
DataAggregated Company Financials
Companies9
  • 7D1.0%
  • 3M1.3%
  • 1Y8.9%
  • YTDn/a

In the last week, the Office REITs industry is up 1.0%, with all of the companies up. This means that the industry has gained 8.9% over the past year. In the next few years, earnings are forecast to decline by 3.2% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Apr 2026€5.8b€685.2m€396.8m22.1x14.6x8.4x
Fri, 06 Mar 2026€5.6b€685.2m€396.8m22.1x14.2x8.2x
Sun, 01 Feb 2026€5.4b€744.2m€481.3m21.8x11.1x7.2x
Tue, 30 Dec 2025€5.5b€744.2m€481.3m22.2x11.4x7.4x
Thu, 27 Nov 2025€5.3b€744.2m€481.3m22.2x11x7.1x
Sat, 25 Oct 2025€5.5b€645.7m€500.8m22.2x11.1x8.6x
Mon, 22 Sep 2025€5.6b€645.6m€487.0m22.2x11.4x8.6x
Wed, 20 Aug 2025€5.7b€645.6m€487.0m22.4x11.7x8.8x
Fri, 18 Jul 2025€5.7b€719.2m€317.4m22.2x18x7.9x
Sun, 15 Jun 2025€5.8b€719.2m€317.4m22.9x18.4x8.1x
Tue, 13 May 2025€5.6b€657.7m€301.2m22.6x18.5x8.5x
Thu, 10 Apr 2025€4.6b€653.1m€306.2m22.4x15.1x7.1x
Sat, 08 Mar 2025€4.8b€531.5m€306.3m22.3x15.8x9.1x
Mon, 03 Feb 2025€4.9b€553.5m-€567,020,753.0023.2x-8.7x8.9x
Wed, 01 Jan 2025€4.8b€553.5m-€567,020,753.0023.4x-8.4x8.6x
Fri, 29 Nov 2024€5.0b€565.6m-€555,422,753.0023.4x-8.9x8.8x
Sun, 27 Oct 2024€5.2b€657.3m-€573,541,655.0023.4x-9x7.9x
Tue, 24 Sep 2024€5.5b€644.5m-€585,350,840.0023.1x-9.5x8.6x
Thu, 22 Aug 2024€5.0b€643.6m-€588,910,840.0023.1x-8.5x7.8x
Sat, 20 Jul 2024€4.9b€543.3m-€990,774,052.0023.1x-4.9x9x
Mon, 17 Jun 2024€4.8b€541.6m-€991,373,056.0023.6x-4.9x8.9x
Wed, 15 May 2024€4.7b€536.4m-€1,043,164,523.0023.6x-4.5x8.8x
Fri, 12 Apr 2024€4.5b€533.9m-€1,041,630,523.0022.4x-4.3x8.4x
Sun, 10 Mar 2024€4.3b€530.9m-€1,036,997,501.0020x-4.2x8.2x
Tue, 06 Feb 2024€4.5b€518.7m-€649,251,613.0017.4x-6.9x8.6x
Thu, 04 Jan 2024€5.1b€620.9m-€635,228,147.0015.7x-8.1x8.2x
Sat, 02 Dec 2023€5.0b€620.9m-€635,228,147.0015.7x-7.9x8.1x
Mon, 30 Oct 2023€4.4b€621.9m-€642,573,095.0016x-6.9x7.1x
Wed, 27 Sep 2023€4.6b€621.9m-€642,573,095.0016x-7.1x7.4x
Fri, 25 Aug 2023€4.4b€621.9m-€642,573,095.0015.7x-6.8x7x
Sun, 23 Jul 2023€4.6b€613.9m€147.1m19.8x31.4x7.5x
Tue, 20 Jun 2023€4.6b€564.9m€133.7m26.3x34.4x8.1x
Thu, 18 May 2023€4.5b€500.2m€38.1m30.7x117.4x9x
Sat, 15 Apr 2023€4.7b€500.2m€38.1m30.7x123.1x9.4x
Price to Earnings Ratio

123.1x


Total Market Cap: €4.7bTotal Earnings: €38.1mTotal Revenue: €500.2mTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Office REITs Industry Price to Earnings3Y Average 8.1x202420252026
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 14.6x which is higher than its 3-year average PE of 8.1x.
  • 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 118% 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 Market2.11%
Real Estate1.48%
REITS2.45%
Office REITs1.02%
Diversified REITs2.45%
Residential REITs0.33%
Industrial REITs0%0
Retail REITs0%0
Healthcare REITs0%0
Hotel and Resort REITs-0.36%
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€5.374.2%
+€133.2m
6.7%PB0.6x
YEPSA Emperador Properties SOCIMI€8.651.2%
+€12.1m
106.0%PB2.7x
ARM Árima Real Estate SOCIMI€11.000.2%
+€488.7k
20.9%PB0.8x