CBRE has announced the appointment of Michael Tay as the deputy managing director of Singapore Advisory, effective Jan 1, 2025. Tay, currently the head of capital markets in Singapore, will be reporting to Moray Armstrong, the managing director of Singapore Advisory.
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In his new role, Tay will be responsible for providing long-term leadership and planning for CBRE’s Singapore advisory business. This includes working closely with Armstrong to develop and direct strategy, evaluate and execute investments, and drive business growth.
According to Armstrong, Tay’s appointment is a testament to his over 30 years of experience in commercial real estate and his leadership abilities in the Singapore market. He joined CBRE in 2000 and has since progressed from office leasing to leadership roles in office services and capital markets during his 25-year career with the company.
Tay’s expertise has been crucial to the success of CBRE’s capital markets team, which has been involved in several significant investment deals in Singapore. These include the sale of One George Street, 16 Collyer Quay, and VisionCrest Commercial in recent years.
Expressing his gratitude for the trust placed in him, Tay said, “It has been an amazing journey of 25 years and counting. I have thoroughly enjoyed the privilege of advancing my experience with CBRE, working and learning from some of the leading real estate professionals in Singapore.” He also added that he is thankful for the career growth opportunities offered by the company.
With his vast experience and expertise, Tay’s appointment as deputy managing director is expected to further strengthen CBRE’s presence in the Singapore market and drive its growth in the years to come.