Sentral REIT property, Menara Shell. (Photo: REITsWeek)Sentral REIT property, Menara Shell. (Photo: REITsWeek)

Sentral REIT has painted a not-so-rosy picture of the Malaysian office market ahead, amid a worsening supply glut in the country.

The REIT, which presently has a portfolio of 10 assets across Cyberjaya, Kuala Lumpur, Selangor and Penang, derives the majority of its revenue from Grade A office spaces.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.