Header cover image

U.K. (FTSE) Office REITs Industry Analysis

UpdatedFeb 14, 2026
DataAggregated Company Financials
Companies8
  • 7D-2.4%
  • 3M3.5%
  • 1Y-5.1%
  • YTDn/a

Over the last 7 days, the Office REITs industry has dropped 2.0%, driven by a pullback from Derwent London of 4.9%. Meanwhile, Globalworth Real Estate Investments actually outperformed within the industry, gaining 8.1% in the last week. The industry has fallen 4.3% in the last year. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 15 Feb 2026UK£5.5bUK£1.1bUK£249.4m9.4x22.1x5.1x
Tue, 13 Jan 2026UK£5.4bUK£1.1bUK£249.4m9.1x21.7x5x
Thu, 11 Dec 2025UK£5.0bUK£1.1bUK£249.4m8.9x20.1x4.6x
Sat, 08 Nov 2025UK£5.5bUK£1.1bUK£303.2m11.8x18x5.1x
Mon, 06 Oct 2025UK£5.4bUK£1.1bUK£303.2m11.4x18x5x
Wed, 03 Sep 2025UK£5.2bUK£1.1bUK£283.9m10.1x18.3x4.8x
Fri, 01 Aug 2025UK£5.8bUK£1.1bUK£51.9m18.7x111.6x5.3x
Sun, 29 Jun 2025UK£6.1bUK£1.1bUK£51.9m19.9x117.6x5.6x
Tue, 27 May 2025UK£5.7bUK£1.1bUK£557.0k11.3x10248.5x5.2x
Thu, 24 Apr 2025UK£5.7bUK£1.1b-UK£260,152,000.0018.9x-21.9x5x
Sat, 22 Mar 2025UK£5.6bUK£1.1b-UK£416,245,000.0017.8x-13.5x4.9x
Mon, 17 Feb 2025UK£5.7bUK£1.1b-UK£895,458,000.00n/a-6.4x5.1x
Wed, 15 Jan 2025UK£5.4bUK£1.1b-UK£895,458,000.00n/a-6x4.8x
Fri, 13 Dec 2024UK£6.0bUK£1.1b-UK£895,458,000.00n/a-6.7x5.4x
Sun, 10 Nov 2024UK£6.3bUK£1.1b-UK£1,434,412,000.00n/a-4.4x5.8x
Tue, 08 Oct 2024UK£6.7bUK£1.1b-UK£1,434,412,000.00n/a-4.7x6.2x
Thu, 05 Sep 2024UK£6.8bUK£1.1b-UK£1,419,436,000.00n/a-4.8x6.2x
Sat, 03 Aug 2024UK£6.7bUK£1.1b-UK£1,537,922,000.00n/a-4.4x6.2x
Mon, 01 Jul 2024UK£6.4bUK£1.1b-UK£1,537,922,000.00n/a-4.2x6x
Wed, 29 May 2024UK£6.0bUK£1.1b-UK£1,551,947,000.00n/a-3.8x5.5x
Fri, 26 Apr 2024UK£5.5bUK£1.1b-UK£1,574,847,000.00n/a-3.5x5.2x
Sun, 24 Mar 2024UK£5.7bUK£1.1b-UK£1,612,941,000.00n/a-3.5x5.4x
Tue, 20 Feb 2024UK£5.6bUK£1.0b-UK£1,670,534,000.00n/a-3.4x5.4x
Thu, 18 Jan 2024UK£5.9bUK£1.0b-UK£1,670,534,000.00n/a-3.5x5.7x
Sat, 16 Dec 2023UK£6.3bUK£1.0b-UK£1,670,534,000.00n/a-3.8x6x
Mon, 13 Nov 2023UK£5.7bUK£1.1b-UK£1,209,706,000.00n/a-4.7x5.4x
Wed, 11 Oct 2023UK£5.5bUK£1.1b-UK£1,209,706,000.00n/a-4.5x5.2x
Fri, 08 Sep 2023UK£5.7bUK£1.1b-UK£1,169,319,000.00n/a-4.8x5.4x
Sun, 06 Aug 2023UK£6.3bUK£1.0b-UK£710,735,000.00n/a-8.8x6x
Tue, 04 Jul 2023UK£6.2bUK£1.0b-UK£710,735,000.00n/a-8.7x5.9x
Thu, 01 Jun 2023UK£6.1bUK£949.1m-UK£646,224,000.00n/a-9.4x6.4x
Sat, 29 Apr 2023UK£6.5bUK£964.2m-UK£269,824,000.0039.6x-24.1x6.7x
Mon, 27 Mar 2023UK£6.2bUK£914.6m-UK£164,808,000.007.6x-37.8x6.8x
Wed, 22 Feb 2023UK£6.8bUK£941.7mUK£676.7m8.8x10.1x7.3x
Price to Earnings Ratio

10.1x


Total Market Cap: UK£6.8bTotal Earnings: UK£676.7mTotal Revenue: UK£941.7mTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Office REITs Industry Price to Earnings3Y Average 147.7x202420252026
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 22.4x which is lower than its 3-year average PE of 148x.
  • The industry is trading close to its 3-year average PS ratio of 5.6x.
Past Earnings Growth
  • The earnings for companies in the Office REITs industry have declined 28% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.8% 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 Market0.93%
Real Estate1.84%
REITS-0.33%
Office REITs-2.43%
Industrial REITs5.79%
Healthcare REITs3.98%
Retail REITs0.79%
Residential REITs0.32%
Specialized REITs0%0
Diversified REITs-0.33%
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
GWI Globalworth Real Estate Investments€2.278.1%
+€49.3m
-15.6%PB0.4x
PCA Palace CapitalUK£2.151.9%
+UK£809.0k
-3.6%PB0.9x

Latest News