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U.K. (FTSE) Office REITs Industry Analysis

UpdatedSep 23, 2025
DataAggregated Company Financials
Companies8
  • 7D0.05%
  • 3M-13.5%
  • 1Y-26.7%
  • YTDn/a

In the last week, the Office REITs industry is flat overall, with Helical standing out by going down 4.9%. As for the longer term, the industry has declined 27% in the last year. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Sep 2025UK£5.2bUK£1.1bUK£303.2m10.7x17.3x4.9x
Thu, 21 Aug 2025UK£5.5bUK£1.1bUK£210.6m11.1x26.2x5.1x
Sat, 19 Jul 2025UK£5.8bUK£1.1bUK£51.9m18.9x112.5x5.4x
Mon, 16 Jun 2025UK£5.9bUK£1.1bUK£51.9m19.1x113.6x5.4x
Wed, 14 May 2025UK£5.8bUK£1.1b-UK£260,152,000.0018.6x-22.3x5.1x
Fri, 11 Apr 2025UK£5.2bUK£1.1b-UK£260,152,000.0017.1x-20.2x4.6x
Sun, 09 Mar 2025UK£5.4bUK£1.1b-UK£428,992,000.0017.3x-12.6x4.7x
Tue, 04 Feb 2025UK£5.7bUK£1.1b-UK£895,458,000.00n/a-6.4x5x
Thu, 02 Jan 2025UK£5.8bUK£1.1b-UK£895,458,000.00n/a-6.4x5.1x
Sat, 30 Nov 2024UK£6.2bUK£1.1b-UK£895,458,000.00n/a-6.9x5.5x
Mon, 28 Oct 2024UK£6.5bUK£1.1b-UK£1,434,412,000.00n/a-4.5x6x
Wed, 25 Sep 2024UK£6.9bUK£1.1b-UK£1,434,412,000.00n/a-4.8x6.4x
Fri, 23 Aug 2024UK£6.8bUK£1.1b-UK£1,379,222,000.00n/a-5x6.3x
Sun, 21 Jul 2024UK£6.7bUK£1.1b-UK£1,537,922,000.00n/a-4.3x6.2x
Tue, 18 Jun 2024UK£6.4bUK£1.1b-UK£1,537,922,000.00n/a-4.1x5.9x
Thu, 16 May 2024UK£6.1bUK£1.1b-UK£1,574,847,000.00n/a-3.9x5.8x
Sat, 13 Apr 2024UK£5.6bUK£1.1b-UK£1,574,847,000.00n/a-3.5x5.3x
Mon, 11 Mar 2024UK£5.7bUK£1.1b-UK£1,633,434,000.00n/a-3.5x5.3x
Wed, 07 Feb 2024UK£5.8bUK£1.0b-UK£1,670,534,000.00n/a-3.4x5.5x
Fri, 05 Jan 2024UK£6.2bUK£1.0b-UK£1,670,534,000.00n/a-3.7x6x
Sun, 03 Dec 2023UK£5.8bUK£1.0b-UK£1,670,534,000.00n/a-3.5x5.6x
Tue, 31 Oct 2023UK£5.1bUK£1.1b-UK£1,209,706,000.00n/a-4.2x4.9x
Thu, 28 Sep 2023UK£5.5bUK£1.1b-UK£1,209,706,000.00n/a-4.5x5.2x
Sat, 26 Aug 2023UK£5.6bUK£1.1b-UK£1,111,635,000.00n/a-5.1x5.3x
Mon, 24 Jul 2023UK£6.4bUK£1.0b-UK£710,735,000.00n/a-9x6.2x
Wed, 21 Jun 2023UK£5.9bUK£992.3m-UK£646,224,000.00n/a-9.1x5.9x
Fri, 19 May 2023UK£6.0bUK£964.2m-UK£269,824,000.0037x-22.4x6.3x
Sun, 16 Apr 2023UK£6.5bUK£964.2m-UK£269,824,000.0038.6x-24x6.7x
Tue, 14 Mar 2023UK£6.4bUK£914.6m-UK£164,808,000.007.2x-38.7x7x
Thu, 09 Feb 2023UK£7.2bUK£941.7mUK£676.7m9.2x10.6x7.6x
Sat, 07 Jan 2023UK£6.8bUK£941.7mUK£676.7m9.2x10x7.2x
Mon, 05 Dec 2022UK£6.0bUK£801.3mUK£548.7m9.9x11x7.5x
Wed, 02 Nov 2022UK£5.9bUK£785.8mUK£665.1m8.8x8.9x7.5x
Fri, 30 Sep 2022UK£5.2bUK£785.8mUK£665.1m7.8x7.8x6.6x
Price to Earnings Ratio

7.8x


Total Market Cap: UK£5.2bTotal Earnings: UK£665.1mTotal Revenue: UK£785.8mTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Office REITs Industry Price to Earnings3Y Average 146.8x202320242025
Current Industry PE
  • Investors are pessimistic on the British Office 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 17.3x which is lower than its 3-year average PE of 147x.
  • The 3-year average PS ratio of 6.2x is higher than the industry's current PS ratio of 4.9x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have declined 23% per year over the last three years.
  • Meanwhile revenues for these companies have grown 11% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does U.K. Office REITs compare with similar industries?

GB Market-0.48%
Real Estate0.17%
REITS0.95%
Office REITs0.048%
Diversified REITs0.95%
Industrial REITs0.56%
Specialized REITs0%0
Retail REITs-0.24%
Residential REITs-1.38%
Healthcare REITs-2.11%
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
DLN Derwent LondonUK£17.064.7%
+UK£86.5m
-29.6%PB0.5x
GPE Great Portland EstatesUK£3.123.5%
+UK£42.3m
-12.5%PB0.6x
CLI CLS HoldingsUK£0.585.5%
+UK£11.9m
-37.7%PB0.3x
WKP Workspace GroupUK£3.930.4%
+UK£2.9m
-39.5%PB0.5x

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