Narrative Update • Jun 16

In the last week, Diversified REITs has been flat. The past year has been better, since the industry has gained 4.7% in that time. As for the next few years, earnings are expected to grow by 9.0% per annum.
Has the U.K. Diversified REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 Jul 2026 | UK£14.7b | UK£2.3b | UK£1.4b | 9x | 10.3x | 6.4x |
| Fri, 05 Jun 2026 | UK£14.2b | UK£2.3b | UK£1.5b | 8.7x | 9.7x | 6.2x |
| Sun, 03 May 2026 | UK£13.8b | UK£2.2b | UK£1.3b | 8.8x | 10.3x | 6.2x |
| Tue, 31 Mar 2026 | UK£11.4b | UK£2.0b | UK£1.1b | 8.2x | 10x | 5.8x |
| Thu, 26 Feb 2026 | UK£13.4b | UK£2.0b | UK£1.1b | 10x | 12x | 6.8x |
| Sat, 24 Jan 2026 | UK£13.0b | UK£2.0b | UK£1.1b | 9.8x | 11.6x | 6.6x |
| Mon, 22 Dec 2025 | UK£12.4b | UK£2.0b | UK£1.1b | 9.1x | 11.1x | 6.3x |
| Wed, 19 Nov 2025 | UK£12.3b | UK£1.9b | UK£997.4m | 9.5x | 12.3x | 6.4x |
| Fri, 17 Oct 2025 | UK£9.8b | UK£1.6b | UK£826.3m | 11x | 11.9x | 6x |
| Sun, 14 Sep 2025 | UK£8.8b | UK£1.7b | UK£810.9m | 10x | 10.9x | 5.3x |
| Tue, 12 Aug 2025 | UK£9.3b | UK£1.7b | UK£795.6m | 10.7x | 11.7x | 5.6x |
| Thu, 10 Jul 2025 | UK£14.1b | UK£2.1b | UK£1.1b | 11.2x | 12.3x | 6.8x |
| Sat, 07 Jun 2025 | UK£14.1b | UK£2.1b | UK£1.1b | 11.7x | 13x | 6.9x |
| Mon, 05 May 2025 | UK£13.9b | UK£1.8b | UK£451.3m | 22.8x | 30.8x | 7.5x |
| Wed, 02 Apr 2025 | UK£13.0b | UK£1.9b | UK£471.7m | 21.9x | 27.5x | 7x |
| Fri, 28 Feb 2025 | UK£13.1b | UK£1.9b | UK£461.0m | 22.4x | 28.5x | 7.1x |
| Sun, 26 Jan 2025 | UK£12.7b | UK£1.9b | UK£461.0m | 21x | 27.5x | 6.8x |
| Tue, 24 Dec 2024 | UK£12.8b | UK£1.8b | UK£466.7m | 21.4x | 27.5x | 6.9x |
| Thu, 21 Nov 2024 | UK£13.5b | UK£1.9b | UK£176.0m | 36.4x | 76.9x | 7.1x |
| Sat, 19 Oct 2024 | UK£15.3b | UK£2.0b | -UK£310,007,160.24 | 29.7x | -49.4x | 7.7x |
| Mon, 16 Sep 2024 | UK£15.9b | UK£2.0b | -UK£302,760,887.89 | 28.4x | -52.4x | 8x |
| Wed, 14 Aug 2024 | UK£14.6b | UK£2.0b | -UK£280,743,601.33 | 27.6x | -51.9x | 7.3x |
| Fri, 12 Jul 2024 | UK£14.9b | UK£2.0b | -UK£257,791,882.25 | 27.4x | -57.8x | 7.5x |
| Sun, 09 Jun 2024 | UK£14.9b | UK£2.0b | -UK£333,313,624.49 | 27.2x | -44.7x | 7.5x |
| Tue, 07 May 2024 | UK£15.4b | UK£2.0b | -UK£2,091,936,477.74 | 20.3x | -7.3x | 7.7x |
| Thu, 04 Apr 2024 | UK£14.8b | UK£2.0b | -UK£2,717,787,246.08 | 14.6x | -5.5x | 7.4x |
| Sat, 02 Mar 2024 | UK£12.2b | UK£2.1b | -UK£2,878,471,514.24 | 19.6x | -4.2x | 5.8x |
| Mon, 29 Jan 2024 | UK£14.5b | UK£2.3b | -UK£2,791,260,542.00 | 9.3x | -5.2x | 6.3x |
| Wed, 27 Dec 2023 | UK£15.2b | UK£2.3b | -UK£2,752,307,684.00 | 9x | -5.5x | 6.7x |
| Fri, 24 Nov 2023 | UK£14.3b | UK£2.2b | -UK£2,727,838,896.00 | 8.8x | -5.2x | 6.4x |
| Sun, 22 Oct 2023 | UK£13.0b | UK£2.1b | -UK£2,717,655,294.00 | 10.1x | -4.8x | 6.3x |
| Tue, 19 Sep 2023 | UK£13.2b | UK£2.1b | -UK£1,975,999,585.00 | 5.9x | -6.7x | 6.4x |
| Thu, 17 Aug 2023 | UK£13.5b | UK£2.1b | -UK£1,873,018,111.00 | 6.1x | -7.2x | 6.6x |
| Sat, 15 Jul 2023 | UK£13.7b | UK£2.1b | -UK£1,898,505,404.00 | 4.7x | -7.2x | 6.7x |
-7.2x
How does U.K. Diversified REITs compare with similar industries?
| GB Market | 1.66% | |
| Real Estate | -0.25% | |
| REITS | 0.43% | |
| Diversified REITs | 0.43% | |
| Office REITs | 1.22% | |
| Specialized REITs | 0% | 0 |
| Residential REITs | -0.045% | |
| Retail REITs | -0.10% | |
| Industrial REITs | -0.90% | |
| Healthcare REITs | -2.06% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LAND Land Securities Group | UK£6.68 | 2.5% +UK£122.8m | 12.8% | PB0.8x | |
| BLND British Land | UK£4.25 | 2.8% +UK£118.8m | 19.7% | PB0.7x | |
| SHC Shaftesbury Capital | UK£1.42 | 3.0% +UK£76.8m | -7.1% | PB0.7x | |
| SRE Sirius Real Estate | UK£0.98 | 1.1% +UK£16.6m | 3.7% | PB1x | |
| CREI Custodian Property Income REIT | UK£0.90 | 2.2% +UK£9.3m | 10.1% | PB0.9x |