Effective January 1, 2025, Michael Tay will take on the role of deputy managing director at Singapore Advisory, announced global real estate services firm CBRE on November 27. Tay, who is currently the head of capital markets in Singapore, will continue to report to CBRE’s managing director of Singapore Advisory, Moray Armstrong.
In this new role, Tay will be responsible for providing long-term leadership and planning for CBRE’s Singapore advisory business. He will work closely with Armstrong to develop and direct strategy, evaluate and execute investments, including mergers and acquisitions, and drive business growth.
Armstrong praises Tay’s 30 years of experience in commercial real estate, stating that he is one of the most knowledgeable and respected professionals in the Singapore market. Tay’s career with CBRE spans over two decades, during which he has held various leadership positions in office services and capital markets. He joined CBRE in 2000 and has since worked with some of the largest office building owners and prominent occupiers.
In 2019, Tay assumed the position of head of capital markets for Singapore, where he played a significant role in numerous notable investment deals. This includes the sale of One George Street, 16 Collyer Quay, and VisionCrest Commercial.
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Expressing his gratitude for the trust placed in him, Tay stated, “I am grateful for the opportunity for career growth that CBRE has offered me. It has been an incredible journey of 25 years and counting. I have truly enjoyed the privilege of advancing my experience with CBRE and learning from some of the best real estate professionals in Singapore.”