Michael Tay has been appointed deputy managing director of Singapore Advisory, effective Jan 1, 2025, according to an announcement by global real estate services firm CBRE on November 27

The appointment is in addition to his current role as Singapore's head of capital markets. Tay will continue to report to Moray Armstrong, CBRE's managing director of Singapore Advisory.

According to CBRE, the deputy managing director role will provide long-term leadership and planning for the Singapore advisory business. Tay will work closely with Armstrong to develop and direct strategy, evaluate and execute investments, including M&A opportunities, and drive business growth.

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"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," says Armstrong. "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."

Tay joined CBRE in early 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 assumed leadership of the Singapore capital markets team, which has been instrumental in many significant investment deals in Singapore. These included several high-profile transactions in recent years, including the sale of One George Street, 16 Collyer Quay, and VisionCrest Commercial.

On his appointment, Tay commented, "I am grateful for the trust placed in me and the career growth opportunity that the company has offered me. [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."