Premium to NAV for listed office real estate companies in Europe 2015-2024

Published by Statista Research Department, Dec 4, 2024

In July 2024, listed real estate companies in the office sector traded at an average discount to their net asset value (NAV) of 33.85 percent. That reveals a generally negative sentiment among investors and suggests that the underlying assets may be overpriced. Other property types also exhibited wide gaps between stock prices and asset values, with the discount to NAV being the highest for residential real estate. Across the major European markets, Sweden was the only country where companies traded at a premium to NAV. Despite that pessimistic picture, the average discount to NAV in the listed property market in Europe has slightly improved since November 2022. 

Average premium or discount to net asset value (NAV) of listed office real estate companies in Europe from January 2015 to July 2024

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

August 2024

Region

Europe

Survey time period

January 2015 to July 2024

Supplementary notes

The figure refers to the constituents of the European Private Real Estate (EPRA) index and shows the share price relative to its average net asset value (NAV) per share. If the result is positive, the share is trading at a premium; if negative, it is trading at a discount.

The NAV is the average of three metrics: 

  • EPRA Net Reinstatement Value (NRV)
  • EPRA Net Tangible Assets (NTA)
  • EPRA Net Disposal Value (NDV)

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Office real estate in London (UK) "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Office real estate in London (UK)

European overview

7

Investments

5

Rents and yield

6

Take-up

7

Availability and vacancies

6

Further Content: You might find this interesting as well

Topics

Real estate in the Asia-Pacific regionOffice real estate in ChinaMegacities in the Asia-Pacific regionFlexible workspace in the Asia-Pacific regionOffice real estate in Japan
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.