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U.K. (FTSE) REITS Industry Analysis

UpdatedDec 25, 2025
DataAggregated Company Financials
Companies13
  • 7D2.2%
  • 3M6.9%
  • 1Y8.4%
  • YTD8.2%

Over the last 7 days, the REITS industry has risen 2.2%, driven by gains from Shaftesbury Capital of 4.4%. This takes the industry's 12 month performance to a gain of 8.4%. Looking forward, earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

Has the U.K. REITS Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Dec 2025UK£12.5bUK£2.0bUK£1.1b9x11.2x6.4x
Sat, 22 Nov 2025UK£12.1bUK£2.0bUK£1.1b8.9x10.9x6.1x
Mon, 20 Oct 2025UK£9.8bUK£1.6bUK£826.2m10.8x11.9x6x
Wed, 17 Sep 2025UK£8.8bUK£1.7bUK£810.9m10x10.9x5.3x
Fri, 15 Aug 2025UK£9.2bUK£1.7bUK£795.6m10.6x11.6x5.5x
Sun, 13 Jul 2025UK£13.8bUK£2.1bUK£1.1b11.1x12.1x6.7x
Tue, 10 Jun 2025UK£14.2bUK£2.1bUK£1.1b11.9x13x6.9x
Thu, 08 May 2025UK£13.9bUK£1.8bUK£451.3m21.8x30.9x7.5x
Sat, 05 Apr 2025UK£12.6bUK£1.9bUK£471.8m19.8x26.8x6.8x
Mon, 03 Mar 2025UK£13.0bUK£1.9bUK£461.0m22.4x28.2x7x
Wed, 29 Jan 2025UK£12.8bUK£1.9bUK£461.0m21.5x27.8x6.9x
Fri, 27 Dec 2024UK£12.9bUK£1.9bUK£466.7m22.2x27.7x7x
Sun, 24 Nov 2024UK£13.9bUK£1.7bUK£346.0m32.6x40.2x8x
Tue, 22 Oct 2024UK£15.1bUK£2.0b-UK£310,007,228.9329.5x-48.8x7.6x
Thu, 19 Sep 2024UK£15.7bUK£2.0b-UK£302,755,523.5328.3x-51.9x7.9x
Sat, 17 Aug 2024UK£14.8bUK£2.0b-UK£280,734,453.4328.1x-52.7x7.4x
Mon, 15 Jul 2024UK£14.9bUK£2.0b-UK£257,787,151.5127.7x-57.9x7.5x
Wed, 12 Jun 2024UK£14.6bUK£2.0b-UK£333,257,383.1626.8x-43.9x7.4x
Fri, 10 May 2024UK£15.6bUK£2.0b-UK£2,091,978,729.5020.4x-7.5x7.8x
Sun, 07 Apr 2024UK£14.8bUK£2.0b-UK£2,717,798,544.5414.6x-5.4x7.4x
Tue, 05 Mar 2024UK£12.1bUK£2.1b-UK£2,878,465,357.5919.6x-4.2x5.7x
Thu, 01 Feb 2024UK£16.3bUK£2.4b-UK£2,672,141,537.0011.4x-6.1x6.8x
Sat, 30 Dec 2023UK£16.6bUK£2.4b-UK£2,633,221,885.0011.3x-6.3x7x
Mon, 27 Nov 2023UK£15.8bUK£2.3b-UK£2,608,727,537.0011.5x-6.1x6.7x
Wed, 25 Oct 2023UK£14.6bUK£2.2b-UK£2,598,552,524.0011.8x-5.6x6.7x
Fri, 22 Sep 2023UK£15.4bUK£2.2b-UK£1,856,924,739.007.5x-8.3x7.1x
Sun, 20 Aug 2023UK£14.9bUK£2.2b-UK£1,753,909,960.007.5x-8.5x6.8x
Tue, 18 Jul 2023UK£17.7bUK£2.3b-UK£1,976,567,960.006.1x-9x7.8x
Thu, 15 Jun 2023UK£18.2bUK£2.3b-UK£1,806,169,373.006.6x-10.1x8x
Sat, 13 May 2023UK£18.7bUK£2.2bUK£1.5b6.2x12.6x8.6x
Mon, 10 Apr 2023UK£19.1bUK£2.2bUK£1.9b6.4x10x8.8x
Wed, 08 Mar 2023UK£61.1bUK£6.3bUK£2.2b7.1x27.5x9.7x
Fri, 03 Feb 2023UK£63.0bUK£6.1bUK£11.1b6.8x5.7x10.3x
Sun, 01 Jan 2023UK£55.1bUK£6.0bUK£11.0b6.6x5x9.2x
Price to Earnings Ratio

5x


Total Market Cap: UK£55.1bTotal Earnings: UK£11.0bTotal Revenue: UK£6.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. REITS Industry Price to Earnings3Y Average -1.4x202320242025
Current Industry PE
  • Investors are pessimistic on the British REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 11.2x which is higher than its 3-year average PE of -1.4x.
  • The 3-year average PS ratio of 7.3x is higher than the industry's current PS ratio of 6.4x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have declined 53% per year over the last three years,
  • Revenues have also declined 31% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the U.K. Real Estate industry?

GB Market1.06%
Real Estate0.92%
REITS2.16%
Diversified REITs2.16%
Retail REITs1.58%
Office REITs1.25%
Residential REITs0.83%
Industrial REITs0.76%
Specialized REITs0%0
Healthcare REITs-0.33%
Industry PE
  • Investors are most optimistic about the Healthcare REITs industry which is trading above its 3-year average PE ratio of 9.7x.
    • Analysts are expecting annual earnings growth of 19.6%, which is higher than its past year's earnings decline of 16.7% per year.
  • Investors are most pessimistic about the Diversified REITs industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Office REITs industry, expecting annual earnings growth of 22% over the next 5 years.
  • In contrast, the Residential REITs industry is expected to see its earnings grow by 3.2% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SHC Shaftesbury CapitalUK£1.444.4%
+UK£111.1m		14.6%PB0.7x
LAND Land Securities GroupUK£6.081.9%
+UK£85.6m		4.4%PB0.7x
BLND British LandUK£3.921.8%
+UK£68.0m		9.9%PB0.7x
CREI Custodian Property Income REITUK£0.842.1%
+UK£7.8m		10.1%PB0.8x
SREI Schroder Real Estate Investment TrustUK£0.540.4%
+UK£978.2k		5.7%PB0.9x

Latest News

BLND
UK£3.92
British Land
7D
1.8%
1Y
9.9%
RLE
UK£0.32
Real Estate Investors
7D
-3.3%
1Y
8.1%
TOWN
UK£1.27
Town Centre Securities
7D
0.8%
1Y
-2.3%
CREI
UK£0.84
Custodian Property Income REIT
7D
2.1%
1Y
10.1%
SERE
UK£0.61
Schroder European Real Estate Investment Trust
7D
-1.0%
1Y
-5.3%
AIRE
UK£0.74
Alternative Income REIT
7D
-0.5%
1Y
7.2%
SREI
UK£0.54
Schroder Real Estate Investment Trust
7D
0.4%
1Y
5.7%
AEWU
UK£1.06
AEW UK REIT
7D
-2.2%
1Y
5.8%
LAND
UK£6.08
Land Securities Group
7D
1.9%
1Y
4.4%
PCTN
UK£0.73
Picton Property Income
7D
-0.8%
1Y
14.8%
SHC
UK£1.44
Shaftesbury Capital
7D
4.4%
1Y
14.6%
API
UK£0.022
abrdn Property Income Trust
7D
11.9%
1Y
-65.6%