Header cover image

U.K. (FTSE) REITS Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies15
  • 7D-1.9%
  • 3M-6.0%
  • 1Y0.7%
  • YTD-6.4%

Over the last 7 days, the REITS industry has dropped 1.9%, driven by LondonMetric Property declining 2.7%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 94% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024UK£14.4bUK£2.0b-UK£2,718,357,435.6320.1x-5.3x7.2x
Wed, 14 Feb 2024UK£12.3bUK£2.1b-UK£2,898,272,889.1020.2x-4.2x5.8x
Fri, 12 Jan 2024UK£16.4bUK£2.4b-UK£2,672,210,316.0011.4x-6.2x6.8x
Sun, 10 Dec 2023UK£15.8bUK£2.4b-UK£2,655,586,284.0011.2x-5.9x6.6x
Tue, 07 Nov 2023UK£15.2bUK£2.2b-UK£2,598,534,833.0011.7x-5.9x7x
Thu, 05 Oct 2023UK£14.9bUK£2.2b-UK£2,587,574,286.0012.1x-5.8x6.9x
Sat, 02 Sep 2023UK£15.1bUK£2.2b-UK£1,753,926,988.007.5x-8.6x7x
Mon, 31 Jul 2023UK£18.4bUK£2.3b-UK£1,965,729,938.007.5x-9.3x8.1x
Wed, 28 Jun 2023UK£17.1bUK£2.3b-UK£1,932,073,823.006.1x-8.9x7.5x
Fri, 26 May 2023UK£18.7bUK£2.2b-UK£1,174,015,989.005.9x-15.9x8.6x
Sun, 23 Apr 2023UK£19.1bUK£2.2bUK£1.6b6.4x11.7x8.7x
Tue, 21 Mar 2023UK£18.9bUK£2.2bUK£2.1b4.8x9.1x8.7x
Thu, 16 Feb 2023UK£59.9bUK£6.1bUK£11.1b6.7x5.4x9.8x
Sat, 14 Jan 2023UK£59.5bUK£6.1bUK£11.1b6.8x5.4x9.8x
Mon, 12 Dec 2022UK£55.8bUK£6.0bUK£11.1b6.6x5x9.4x
Wed, 09 Nov 2022UK£55.7bUK£5.7bUK£13.5b5x4.1x9.7x
Fri, 07 Oct 2022UK£52.1bUK£5.7bUK£13.4b4.8x3.9x9.2x
Sun, 04 Sep 2022UK£63.4bUK£5.7bUK£13.2b6.1x4.8x11.2x
Tue, 02 Aug 2022UK£70.4bUK£5.6bUK£12.9b7.2x5.5x12.5x
Thu, 30 Jun 2022UK£67.1bUK£5.5bUK£12.1b7.9x5.5x12.2x
Sat, 28 May 2022UK£71.1bUK£5.5bUK£11.4b7.6x6.2x13x
Mon, 25 Apr 2022UK£77.0bUK£5.3bUK£8.0b10.3x9.6x14.4x
Wed, 23 Mar 2022UK£77.5bUK£5.4bUK£7.8b11.4x9.9x14.4x
Fri, 18 Feb 2022UK£75.6bUK£5.2bUK£4.3b12.5x17.7x14.5x
Sun, 16 Jan 2022UK£77.7bUK£5.2bUK£4.3b13.1x18.2x14.9x
Tue, 14 Dec 2021UK£77.6bUK£5.2bUK£4.1b12.9x18.9x14.9x
Thu, 11 Nov 2021UK£75.2bUK£5.2bUK£191.8m13x391.9x14.5x
Sat, 09 Oct 2021UK£71.1bUK£5.2b-UK£27,103,087.0014x-2624.6x13.7x
Mon, 06 Sep 2021UK£76.2bUK£5.2b-UK£303,068,389.5615.8x-251.3x14.7x
Wed, 04 Aug 2021UK£74.4bUK£5.2b-UK£408,408,152.5616.2x-182.2x14.3x
Sat, 08 May 2021UK£67.8bUK£5.2b-UK£2,016,908,389.5615.2x-33.6x13.1x
Price to Earnings Ratio

-31.2x


Total Market Cap: UK£63.9bTotal Earnings: -UK£2,051,308,389.56Total Revenue: UK£5.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. REITS Industry Price to Earnings3Y Average -35.1x202220232024
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 3-year average PS ratio of 11.3x is higher than the industry's current PS ratio of 7.2x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have deteriorated over the last three years.
  • Revenues have also declined 27% per year.
  • This means overall sales from these companies are declining and losses are subsequently expanding as well.

Industry Trends

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

GB Market0.65%
Real Estate-2.03%
REITS-1.88%
Retail REITs0.23%
Specialized REITs0%
Hotel and Resort REITs0%
Healthcare REITs-1.35%
Residential REITs-1.45%
Office REITs-1.82%
Diversified REITs-1.88%
Industrial REITs-4.23%
Industry PE
  • Investors are most optimistic about the Residential REITs industry, which is trading close to its 3-year average PE ratio of 28.3x.
    • Analysts are expecting annual earnings growth of 31.6%, which is higher than its past year's earnings decline of 21.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Diversified REITs industry, expecting annual earnings growth of 94% over the next 5 years.
  • This is better than its past earnings decline of 86% per year.
  • In contrast, the Retail REITs industry is expected to see its earnings grow by 25% 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
BLND British LandUK£3.680.5%
+UK£16.7m
-7.9%PB0.6x
AEWU AEW UK REITUK£0.902.9%
+UK£4.0m
-4.3%PB0.8x
TOWN Town Centre SecuritiesUK£1.375.4%
+UK£2.9m
-5.5%PB0.4x
RLE Real Estate InvestorsUK£0.331.5%
+UK£863.3k
17.7%PB0.5x
AIRE Alternative Income REITUK£0.681.0%
+UK£563.5k
-2.3%PB0.8x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

CREI

UK£0.71

Custodian Property Income REIT

7D

-6.4%

1Y

-21.1%

PCTN

UK£0.63

Picton Property Income

7D

-3.4%

1Y

-13.2%

BLND

UK£3.68

British Land

7D

0.5%

1Y

-7.9%

LMP

UK£1.91

LondonMetric Property

7D

-2.7%

1Y

10.7%

AIRE

UK£0.68

Alternative Income REIT

7D

1.0%

1Y

-2.3%

SREI

UK£0.41

Schroder Real Estate Investment Trust

7D

-3.1%

1Y

-1.7%

TOWN

UK£1.37

Town Centre Securities

7D

5.4%

1Y

-5.5%

API

UK£0.53

abrdn Property Income Trust

7D

-2.0%

1Y

-7.6%

LAND

UK£6.17

Land Securities Group

7D

-1.6%

1Y

0.7%

UKCM

UK£0.64

UK Commercial Property REIT

7D

-2.1%

1Y

23.1%

RLE

UK£0.33

Real Estate Investors

7D

1.5%

1Y

17.7%

AEWU

UK£0.90

AEW UK REIT

7D

2.9%

1Y

-4.3%