CBRE has announced the appointment of Michael Tay as the new deputy managing director of its Singapore Advisory division, effective from January 1, 2025. This promotion is in addition to Tay’s current role as the head of capital markets in Singapore and he will continue to report to Moray Armstrong, the managing director of Singapore Advisory.
According to CBRE, Tay will bring long-term leadership and strategic planning to the Singapore advisory business in his new role. He will work closely with Armstrong to develop and implement strategies, evaluate and execute investment opportunities, and drive business growth. This appointment showcases CBRE’s commitment to investing in top talent and providing exceptional leadership to its clients.
Armstrong commented on Tay’s appointment, stating that he is one of the most experienced and respected real estate professionals in Singapore with over 30 years of experience in the industry. He has held leadership roles across office services and capital markets during his 25 years with CBRE, displaying his wide range of expertise and knowledge.
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Tay has been a part of CBRE since 2000, primarily working with the office services team for almost two decades. He has worked with some of the biggest office building owners and prominent occupiers, further strengthening his understanding of the market. In 2019, he took on the leadership of the capital markets team, which has played a pivotal role in several significant investment deals in Singapore. Some of these deals include the sale of One George Street, 16 Collyer Quay, and VisionCrest Commercial.
Tay expressed his gratitude for the opportunity given to him by CBRE to grow in his career. He has thoroughly enjoyed his 25 years with the company, learning and working with some of the leading real estate professionals in Singapore. He is excited about his new role and looks forward to further contributing to the success of CBRE.