With a degree in Hospitality Management, Penny spent 10 years working for world renowned Mandarin Oriental Hotels. Joining Benham and Reeves in 2011, Penny worked as a Client Manager before becoming a Director of the Hong Kong office. Penny has now been promoted to Head of China Desk to look after our Hong Kong and China based clients. Penny uses her extensive London property expertise to assist Chinese investors with a one- stop service, from advice on London property investment to leasing and property management. Fluent in Cantonese, Mandarin and English, with her wealth of business and cultural knowledge, Penny works tirelessly for clients ensuring the best possible outcome is achieved.
Zhou is an enthusiastic member of the China Desk property management team currently responsible for new build properties belonging to our growing base of Chinese landlords. He also looks after all maintenance issues and liaises with contractors to ensure our Chinese tenants have a good experience. A native Chinese speaker, Zhou has an undergraduate degree and Masters in Law which comes in handy for his role that requires attention to detail and good negotiation skills. In his spare time, Zhou unwinds at the gym, likes swimming and table tennis.
China – comment by Marc von Grundherr
Coronavirus dampens Chinese investor demand for London property
Chinese investors continue to show interest in buying London property although clearly coronavirus and the current restrictions on travel are having an impact on enquiries. With many Chinese not able to obtain a visa at the moment, investors are unable to visit the UK in person, so enquiries are coming in online and via our Shanghai branch but we expect demand to be slower than usual until the outbreak ends and the situation improves.
Rental demand from Chinese professionals is also being affected and we are seeing a downturn in the number of new applicants moving to London. We are however carrying out regular viewings remotely by video in preparation for when restrictions are lifted. Summer and autumn are the busiest times when it comes to rental demand from students who make up a significant proportion of applicants so this slowdown in rental enquiries is only having limited impact as we are not yet near this peak season. Our Asian landlords understand current difficulties though and realise that properties may take longer to rent at the moment due to fewer applicants coming to the UK from Asia.
Several unique benefits allow our China Desk to stand out from our competitors:
You are assigned a dedicated account manager as your main point of contact right from the start who will walk you through the entire process.
Some important parameters (company and employee) will need to be set before arrival in London, including:
Using the above criteria, we will narrow our search and provide a list of suitable easy- to-reach properties for viewing. We will then escort you to the viewings as we can then also point out key amenities and transport hubs.
After a property has been chosen, we will negotiate the best terms, ensuring that all the specific company requirements are fully met.
We will then subsequently draw up the tenancy agreement (or, if required, use the pre-existing company document), register the deposit with an appropriate scheme if the tenancy is in the employee’s name and complete all other necessary documentation required under UK law.
We can assist with certain mundane, yet unavoidable tasks such as inventory checks and the management of utilities prior to moving in. Electric, gas and Council Tax accounts can be set up and appliance instructions supplied.
A fully managed property ensures that maintenance issues are kept to a minimum and that tenancies are problem-free. Two thirds of our properties have opted for this service.
Your dedicated account manager is just phone call or email away.
As their tenancy period comes to an end, a good number of our corporate clients choose to renew their agreements. We will be on hand to negotiate a new contract or, if required, to acquire a new rental property on your behalf.
When a tenancy does come to an end, we are on hand to recommend professional cleaners and, if required, to attend any inventory checks.
A smooth end to a tenancy agreement is in everyone’s best interest, so after the inventory check-out is complete, we will ensure that any reasonable deductions are made by the landlord with a view to returning your deposit as soon as possible.
We offer a choice of additional resources for HR professionals including:
We strongly feel that the best business outcomes are based on established partnerships and with this in mind, we continually strive to give the best long-term advice and assistance attainable.
The red brick elegance of the roads that lead off High Street Kensington make this area one of the most desirable rental locations in London. Any new property development around these parts will definitely need to have something special going for it....more
This new residential development from St George plc offers a fantastic lifestyle, with high spec apartments, many with their own terrace or balcony and great facilities including a private residents' spa, 24 hour concierge service and managed underground parking....more
The Kew Bridge development offers a selection of luxury apartments that blends seamlessly into the river frontage and treats tenants to spectacular maritime views. The development is neighboured by fashionable Richmond with its notable park and riverside locations that also provide fine dining and shopping experiences....more
London Bridge has become a magnet to corporate professionals and One Tower Bridge is high on their list of desirable rental properties. In order to enjoy the finer things in life, City workers are looking to cut their commuting times to the absolute minimum - so an apartment in SE1 makes perfect sense....more
Hammersmith has always been high on the list for renters who want to get into central London quickly and be able to reach check-in at Heathrow Airport in under 20 minutes, and new property developments such as Sovereign Court provides a great option....more