CBRE, a global real estate services firm, announced on November 27 that Michael Tay has been appointed as the deputy managing director of Singapore Advisory, effective January 1, 2025. This appointment comes in addition to his current role as the head of capital markets in Singapore. Tay will continue to report to Moray Armstrong, the managing director of Singapore Advisory.
The deputy managing director role has been created to provide long-term leadership and planning for CBRE’s Singapore advisory business. Tay will be working closely with Armstrong to develop and direct strategy, evaluate and execute investments, including potential mergers and acquisitions, and drive business growth.
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Armstrong praised Tay’s 30 years of experience in the commercial real estate industry, stating that he is one of the most experienced professionals and thought leaders in the Singapore market. Tay has progressed from office leasing to leadership roles in office services and capital markets during his 25 years with CBRE.
Tay joined CBRE in 2000 and has since worked with some of the largest office building owners and prominent occupiers. In 2019, he took over the role of leading the Singapore capital markets team, which has been instrumental in numerous 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 his gratitude for the trust placed in him by CBRE and the career growth opportunities the company has provided him. He also expressed his enjoyment of the past 25 years working and learning from some of the top real estate professionals in Singapore.