On November 27, global real estate services firm CBRE announced the appointment of Michael Tay as deputy managing director of Singapore Advisory, effective Jan 1, 2025. In addition to his current role as head of capital markets in Singapore, Tay will now report to Moray Armstrong, CBRE’s managing director of Singapore Advisory.
The newly created position of deputy managing director will focus on providing long-term leadership and planning for CBRE’s Singapore advisory business. Tay will work closely with Armstrong to develop and direct strategy, evaluate and execute investments, including mergers and acquisitions, and drive business growth.
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Armstrong expressed confidence in Tay, saying, “With over 30 years of experience in commercial real estate, Michael is one of the most experienced professionals and thought leaders in the Singapore market. This is a result of his progression from office leasing to leadership roles across office services and capital markets with CBRE over the past 25 years.”
Tay has been a part of CBRE since 2000 and has spent almost two decades with the office services team. During this time, he has worked with some of the largest office building owners and prominent occupiers. In 2019, Tay took on the role of leading the Singapore capital markets team, which has been instrumental in many significant investment deals in the country. These include the sale of One George Street, 16 Collyer Quay, and VisionCrest Commercial.
In response to his appointment, Tay expressed gratitude for the trust placed in him and the opportunity for career growth within the company. He stated, “It has been an amazing 25-year journey with CBRE and I am grateful for the privilege of advancing my experience with the company, working and learning from some of the leading professionals in Singapore.”