CBRE Appoints Michael Tay as Deputy Managing Director, Singapore Advisory

Singapore, 27 November 2024 – CBRE has today announced that with effect 1 January 2025, Michael Tay will be appointed as Deputy Managing Director, Singapore Advisory. Following the appointment, which is in addition to his existing role as Head of Capital Markets, Singapore, Michael will continue to report into Moray Armstrong, Managing Director, Singapore Advisory.

CBRE explains the role of Deputy Managing Director will provide long-term leadership depth and planning for the Singapore Advisory business. In his new capacity, Mr. Tay will work closely with Mr. Armstrong to develop and direct strategy, evaluate and execute investment including M&A opportunities, whilst driving business growth.

Mr Armstrong said, “With over 30 years of experience in commercial real estate, Michael is one of the most experienced real estate professionals and thought leaders in the Singapore market. This is a result of his progression from office leasing to leadership roles across Office Services and Capital Markets with CBRE over the past 25 years. His achievements and experience put him in a great position to help set the direction for the company going forward.”

Mr. Tay joined CBRE in early 2000, spending almost two decades with the Office Services team working with some of the largest office building owners and prominent occupiers. In 2019, he assumed leadership of the Singapore Capital Markets team which has been instrumental in many of the largest investment deals in Singapore. These included several high-profile transactions in recent years, including the sale of One George Street, 16 Collyer Quay, amongst others.

On his appointment, Mr. Tay commented, “I am grateful for the trust placed in me, and the career growth opportunity that the company has offered to me. This has been an amazing journey of 25 years and counting, and 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 added, “I am excited to work closely with Moray and colleagues to navigate challenging landscapes in our continued drive to provide best in class services to our clients. There is much that I anticipate learning from him, and I also look forward to sharing his responsibilities and partnering with him to further build on everything CBRE can do for clients, partners, and colleagues.”
 
“Known to be an approachable leader, Michael is often the go-to person when colleagues and clients wish to seek advice and direction. His market opinions and soundbites are also highly-sought-after by media representatives. With this combination of experience, influence, trust, and respect, I am confident that Michael and I will ensure the continued success of our Singapore business and services to our clients”, Mr. Armstrong concluded.