CBRE has recently announced the appointment of Michael Tay as the new deputy managing director of Singapore Advisory, effective Jan 1, 2025. He will continue to report to Moray Armstrong, the managing director of the Singapore Advisory team. This new role is in addition to Tay’s current position as the head of capital markets in Singapore.
According to CBRE, Tay’s new role as deputy managing director will involve providing long-term leadership and strategic planning for the Singapore advisory business. He will closely collaborate with Armstrong to develop and implement business strategies, assess and execute investments, and drive business growth.
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Armstrong expresses his confidence in Tay, stating that he is one of the most experienced real estate professionals and thought leaders in the Singapore market. He highlights Tay’s 30 years of experience in the commercial real estate industry and his progression from office leasing to various leadership roles within CBRE.
Tay joined CBRE in early 2000 and has since spent almost two decades with the office services team, working with top office building owners and leading occupiers. In 2019, he took on the role of leading the Singapore capital markets team, which has played a pivotal role in many notable investment deals in the city-state. These include the sale of One George Street, 16 Collyer Quay, and VisionCrest Commercial.
Tay is grateful for the opportunity and trust placed in him by CBRE. He recognizes the company’s support in his career growth and emphasizes the knowledge and experience he has gained during his 25 years with CBRE. He also mentions that he has had the privilege of working with and learning from some of the most prominent real estate professionals in Singapore during his time with the company.