Word: lavandou
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Dates: during 1960-1969
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...machines, trailer trucks and real estate. Last week Thomachot roved the Riviera for what Algeco calls the "investments of the future"-land that can be made into marinas, golf clubs and vacation villages. Algeco already manages a three-chateau country club outside Paris, an all-year golf course in Lavandou and a 1,500-yacht marina in the bay of Saint-Tropez. Not long ago, it began selling individual lots in France to investors for $600 apiece, then constructing garages, apartments and office buildings on the lots...
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