Narrative Update • Jun 16

Over the last 7 days, the Diversified REITs industry has risen 2.4%, driven by gains in British Land and Land Securities Group of 0.6% and 0.5%, respectively. This takes the industry's 12 month performance to a gain of 7.6%. Looking forward, earnings are forecast to grow by 9.0% annually.
Has the U.K. Diversified REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 Jul 2026 | UK£14.6b | UK£2.3b | UK£1.4b | 9.2x | 10.2x | 6.4x |
| Sat, 06 Jun 2026 | UK£14.1b | UK£2.3b | UK£1.5b | 8.6x | 9.6x | 6.2x |
| Mon, 04 May 2026 | UK£13.8b | UK£2.2b | UK£1.3b | 8.8x | 10.3x | 6.2x |
| Wed, 01 Apr 2026 | UK£11.4b | UK£2.0b | UK£1.1b | 8.2x | 10x | 5.8x |
| Fri, 27 Feb 2026 | UK£13.4b | UK£2.0b | UK£1.1b | 10.1x | 11.7x | 6.8x |
| Sun, 25 Jan 2026 | UK£13.0b | UK£2.0b | UK£1.1b | 9.8x | 11.6x | 6.6x |
| Tue, 23 Dec 2025 | UK£12.5b | UK£2.0b | UK£1.1b | 9x | 11.2x | 6.3x |
| Thu, 20 Nov 2025 | UK£12.2b | UK£1.9b | UK£997.4m | 9.4x | 12.2x | 6.3x |
| Sat, 18 Oct 2025 | UK£9.8b | UK£1.6b | UK£826.2m | 10.8x | 11.9x | 6x |
| Mon, 15 Sep 2025 | UK£8.8b | UK£1.7b | UK£810.9m | 10x | 10.9x | 5.3x |
| Wed, 13 Aug 2025 | UK£9.1b | UK£1.7b | UK£795.6m | 10.6x | 11.5x | 5.5x |
| Fri, 11 Jul 2025 | UK£13.9b | UK£2.1b | UK£1.1b | 11.1x | 12.1x | 6.7x |
| Sun, 08 Jun 2025 | UK£14.1b | UK£2.1b | UK£1.1b | 11.7x | 13x | 6.9x |
| Tue, 06 May 2025 | UK£13.9b | UK£1.8b | UK£451.3m | 22.8x | 30.8x | 7.5x |
| Thu, 03 Apr 2025 | UK£13.0b | UK£1.9b | UK£471.7m | 21.6x | 27.5x | 7x |
| Sat, 01 Mar 2025 | UK£13.1b | UK£1.9b | UK£461.0m | 22.4x | 28.5x | 7.1x |
| Mon, 27 Jan 2025 | UK£12.7b | UK£1.9b | UK£461.0m | 21x | 27.5x | 6.8x |
| Wed, 25 Dec 2024 | UK£12.9b | UK£1.9b | UK£458.5m | 23.6x | 28.2x | 7x |
| Fri, 22 Nov 2024 | UK£13.6b | UK£1.9b | UK£176.0m | 36.7x | 77.1x | 7.1x |
| Sun, 20 Oct 2024 | UK£15.3b | UK£2.0b | -UK£310,007,160.24 | 29.7x | -49.4x | 7.7x |
| Tue, 17 Sep 2024 | UK£15.9b | UK£2.0b | -UK£302,755,593.90 | 28.4x | -52.7x | 8x |
| Thu, 15 Aug 2024 | UK£14.8b | UK£2.0b | -UK£280,755,517.05 | 27.9x | -52.6x | 7.4x |
| Sat, 13 Jul 2024 | UK£14.9b | UK£2.0b | -UK£257,787,151.51 | 27.7x | -57.9x | 7.5x |
| Mon, 10 Jun 2024 | UK£14.9b | UK£2.0b | -UK£333,313,624.49 | 27.2x | -44.7x | 7.5x |
| Wed, 08 May 2024 | UK£15.7b | UK£2.0b | -UK£2,091,967,826.76 | 20.3x | -7.5x | 7.8x |
| Fri, 05 Apr 2024 | UK£15.0b | UK£2.0b | -UK£2,717,798,051.76 | 14.6x | -5.5x | 7.5x |
| Sun, 03 Mar 2024 | UK£12.2b | UK£2.1b | -UK£2,878,471,514.24 | 19.6x | -4.2x | 5.8x |
| Tue, 30 Jan 2024 | UK£14.6b | UK£2.3b | -UK£2,791,236,920.00 | 9.3x | -5.2x | 6.4x |
| Thu, 28 Dec 2023 | UK£15.2b | UK£2.3b | -UK£2,752,316,740.00 | 9x | -5.5x | 6.7x |
| Sat, 25 Nov 2023 | UK£14.2b | UK£2.2b | -UK£2,727,825,602.00 | 9.3x | -5.2x | 6.4x |
| Mon, 23 Oct 2023 | UK£13.0b | UK£2.1b | -UK£2,717,655,294.00 | 10.1x | -4.8x | 6.3x |
| Wed, 20 Sep 2023 | UK£13.3b | UK£2.1b | -UK£1,975,995,862.00 | 5.9x | -6.7x | 6.5x |
| Fri, 18 Aug 2023 | UK£13.4b | UK£2.1b | -UK£1,873,002,754.00 | 6.1x | -7.2x | 6.5x |
| Sun, 16 Jul 2023 | UK£13.7b | UK£2.1b | -UK£1,883,859,068.00 | 4.7x | -7.3x | 6.7x |
-7.3x
How does U.K. Diversified REITs compare with similar industries?
| GB Market | -0.23% | |
| Real Estate | -1.23% | |
| REITS | 0.12% | |
| Diversified REITs | 0.12% | |
| Specialized REITs | 0% | 0 |
| Office REITs | -0.54% | |
| Retail REITs | -1.27% | |
| Residential REITs | -1.28% | |
| Industrial REITs | -2.07% | |
| Healthcare REITs | -2.08% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BLND British Land | UK£4.15 | 0.6% +UK£24.6m | 15.3% | PB0.7x | |
| LAND Land Securities Group | UK£6.52 | 0.5% +UK£22.2m | 9.4% | PB0.7x | |
| CREI Custodian Property Income REIT | UK£0.90 | 2.3% +UK£9.8m | 9.9% | PB0.9x | |
| AEWU AEW UK REIT | UK£1.06 | 0.9% +UK£1.6m | -1.8% | PB1x | |
| SERE Schroder European Real Estate Investment Trust | UK£0.65 | 1.6% +UK£1.3m | -5.2% | PB0.7x |