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Our History

Discover the history behind our company

About Vendome Property

VENDOME INTERNATIONAL PROPERTY is located in Dubaï and is part of the GROUPE LB established in 1980 in the famous Spa town of Evian-les-Bains, near Geneva. We are developer in France for more than 35 years, and we offer best properties in France, Spain, Morocco and Thailand. To advise you at each step of your real estate investment, our team is at your disposal to understand your needs and to guaranty the best purchase. You are interested by a real estate investment, in France, Spain, Morocco or Thailand and you would like to benefit from the best solution according to your needs and expectations?

Our mission is to guide you in your real estate investment in Europe or in Thailand.

Our History

Opening to the Asian Market

2019

The Asian market is very promising in term of annual revenues and return of investment thanks to the growing tourism from China and other emerging countries. Asia, especially Thailand, offers great investment opportunities, especially in Real Estate. Vendome International Property decided to dedicate a team who is visiting Singapore every 3 months in order to meet investors.

Launch of Our Expat Department

2017

France offers great investment opportunities, especially in Real Estate. French expat’s have special needs for their investment, and a dedicated team has been created to answer their needs: Assets study, Financing, research of the best property to achieve client’s goals.

Invest In Spain

2016

Many of Vendome International Property clients were requesting advice to invest in Spain. Marie Mahmouch took time to visit Spain and especially Costa del Sol, to study the market and the law. A dedicated team has been created for our clients looking to invest in Spain as there are lots of interest and opportunities.

Moving from Abu Dhabi to Dubai

2015

Vendome International Property, the regional head office in Middle East, moves from Abu Dhabi to Dubai. Vendome International Property decides to market projects of not only France but other major real estate markets around the world.

Partnerships signed with new developers

2012

Marie Mahmouch signed up to represent other developers from the Geneva Lake area. She selected them according to the location and quality of their construction, to respect the special needs of our clients. During this year, again, to answer to clients special requirements, Vendome International Property started to develop other areas such as Paris and Côte d’Azur.

Creation of a new branch in Kuwait

2011

Vendôme International Property opens a new branch in Kuwait, in partnership with a very well-known and reputable AL KAZEMI family. Both offices were in charge to market together different projects every year, in collaboration with the Head Office in France.

Creation of the first office in Middle East: Vendôme International Property

2010

In order to represent our investors in these regions, Bailet Holding launched their international property consultancy firm in Septem¬ber 2010 under the name “Vendôme International Property” in Abu Dhabi, United Arab Emirates.

Launch of “Les jardins d’Hermance” Project in Veigy

2008

With the help of client’s feedback and understanding their requirements, Laurent Bailet launched first of its kind, a villa compound in Geneva Lake region. The project is known as “Les jardins d’Hermance”. It was delivered in 2010.

The project was an instant hit and did accelerate our business with Middle East. This allowed us to introduce a new branch of customer service called LB Privilege services.

The main objective was to manage all the 40 villas in the absence of their owners. LB Privilege services provide tailor-made solution to meet owners’ requirements which includes managing owner’s post, tax declaration, utilities and keeping their homes well-maintained.

Laurent BAILET becomes the CEO of the Groupe.

2000

Claude Bailet transfers his company to his son. He developed the business and created all real estate services.

Over the years, we have been developing pro¬perties around Lake Geneva , the famous Ski re-sort of Les Portes du Soleil and more recently partnering with other developers in Paris and the Cote d’Azur. Within the last 10 years, the emphasis for investment has brought us more and more into the Gulf and the Middle East.

Launch of “Le Lemaniaz” residence in the heart of Evian

1998

Claude and Laurent Bailet launched in the hearth of Evian city centre, a project which offers them the door to the Middle East market.

Le Lemaniaz is located at the entrance of the walking street of Evian, and 200 meters from the Lake with its harbour, promenade and restaurants.

Le Lemaniaz was also the first project with a modern architecture including large window overlooking the Lake. Today 90% of the residence is own by GCC citizens.

The son of the founder joins the business

1980

Laurent Bailet has been graduated from university and joined the family business. He was in charge to create and develop a new business which was the real estate agencies for the resale properties market.

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