JHSF is a real estate company based in Brazil. This firm is popular for spearheading the recurrent income assets trend in the region. JHSF combined shopping malls, hotels, airports, and real estate projects. The firm has operations in other countries as well including Uruguay and the U.S.A. Ever since it was established, JHSF has managed to acquire 6 million square meters worth of real estate projects. The company’s market value currently stands at R$1.20 billion.
History of JHSF
JHSF was first established in Sao Paulo in 1972. There were four founders, brothers Jose Auriemo and Fabio, and two other businessmen. Initially, the company was vested in real estate and construction. By 1990, the company was divided into two: JHSF Participacoes and JHSJ. Fabio was in charge of JHSF Participacoes while his brother was the head of JHSJ.
JHSF Participacoes extended its business to include a shopping center. The firm later developed a Shopping complex in Sao Paulo, the first ever mall in the area to feature a sub-way station. The company also acquired majority shares at Fasano Group’s hotels. In 2014, the company established the first outlet in the region to have a luxury market. The project also was the first in the region to have a private airport. During the same time, Jose Auriemo Neto was promoted to the position of chairman while Eduardo Camara became the company’s vice president.
About Jose Auriemo
Jose Auriemo Neto is the Chief Executive Officer of JHSF Par, a position he has held since 2003. When he joined the JHSF Par companies, his first order of business was to establish a services department. He created a parking lot company, Parkbem, in 1997. Later the following year, Auriemo is credited with security rights to establish the “Shopping Santa Cruz”. Auriemo is not only experienced, he also has a strong education background. He has done both engineering and business administration.