CBRE announced on November 27 that Michael Tay has been chosen as the deputy managing director of Singapore Advisory, effective January 1, 2025. Currently serving as the head of capital markets for Singapore, Tay will continue to report to CBRE’s managing director of Singapore Advisory, Moray Armstrong.
In his new role, Tay will provide long-term leadership and strategic planning for the Singapore advisory business. He will work closely with Armstrong to develop and execute the firm’s strategy, evaluate potential investments and M&A opportunities, and drive business growth.
According to Armstrong, Tay’s extensive experience in the commercial real estate industry makes him one of the most knowledgeable and reputable professionals in the Singapore market. Over the course of his 30-year career, Tay has progressed from office leasing to leadership positions in both office services and capital markets at CBRE.
Tay first joined CBRE in 2000 and has spent nearly 20 years with the office services team, working with some of the largest office building owners and top occupiers in the market. In 2019, he took on the role of leading the capital markets team in Singapore, which has played a crucial role in several major investment deals, such as the sale of One George Street, 16 Collyer Quay, and VisionCrest Commercial.
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Expressing his gratitude for the appointment, Tay stated, “I am honored to have been given this opportunity for career advancement and am thankful for the trust placed in me by the company. My 25-year journey with CBRE has been nothing short of amazing. I have had the privilege of working and learning from some of the most exceptional real estate professionals in Singapore.”