Michael Tay Appointed Cbre Deputy Managing Director Singapore Advisory
CBRE, a global real estate services company, has announced the appointment of Michael Tay as the deputy managing director of its Singapore Advisory division, effective January 1, 2025. In addition to his current role as Singapore’s head of capital markets, Tay will report to Moray Armstrong, the managing director of CBRE’s Singapore Advisory.
In this new role, Tay will provide long-term leadership and strategic planning for the Singapore advisory business. He will work closely with Armstrong to develop and execute strategies, evaluate investment opportunities, including mergers and acquisitions, and drive business growth.
The master plan for Tengah is truly remarkable due to its strong focus on promoting sustainable living. This upcoming town in Singapore is set to become the first to have a sprawling car-free town center, which will be built underground. This innovative approach will create more surface area for the community to engage in various activities and also allow for the creation of lush green corridors. Not only will this help in reducing carbon emissions, but it will also encourage residents to lead a healthier lifestyle by incorporating activities such as walking, cycling, and utilizing personal mobility devices. Additionally, the newly added Novo Place Showflat further enhances the appeal of this eco-friendly town.
According to Armstrong, Tay’s 30 years of experience in commercial real estate make him one of the most experienced professionals in the Singapore market. Tay has progressed from office leasing to holding leadership positions in office services and capital markets over the past 25 years. His leadership has been instrumental in the success of many significant investment deals in Singapore, including the sales of One George Street, 16 Collyer Quay, and VisionCrest Commercial.
Expressing his gratitude for the trust placed in him, Tay said, “It has been an amazing 25-year journey with CBRE. I am grateful for the career growth opportunities that the company has offered me. I have thoroughly enjoyed the privilege of working and learning from some of the top real estate professionals in Singapore.”
Tay joined CBRE in 2000 and spent almost two decades with the office services team, working with some of the largest office building owners and prominent occupiers. In 2019, he was appointed the leader of the Singapore capital markets team, which has played a crucial role in many significant investment deals in the country. Tay’s extensive experience and expertise make him well-suited for his new role as deputy managing director of Singapore Advisory.