JHSF is a prominent real estate company that was first established in 1972 as JHS. The company is particularly focused on real estate development, hospitality, gastronomy, hotels, and shopping center operations. Of interest to note is that JHSF majors in high-income market segments characterized by incomes that highly recur. The company dominates in several markets that include Brazil, Uruguay, and America.
JHSF is renowned as the first company in Brazil that highly prioritizes recurrent income assets. Their concentration in shopping mall operations, hotels, airports, and real estate industry also show their popularity in the market. For the record, the company has managed to build structures that cover over six million square meters. JHSF registered a stock market value of R $ 1.20 billion in 2017.
JHSF was first established by two brothers, Jose Roberto Auriemo and Fabio. The primary goal of the company was incorporation services and construction. The company later split in 1990 changing its name from JHS to JHSF. As a result, Fabio remained at the helm of the business’s real estate operations. After attaining impressive growth rates, the company resolved to expand its niche of operations to shopping malls. Aged 27, Jose AuriemoNeto took over the company after two years of operations.
Through Auriemo’s leadership, the company successfully launched CidadeJardim complex, one of the prominent and luxurious structures in the country. Apart from its primary purpose as a mall, Cidade also consists of nine prestigious towers in the high-end of condominium park city garden. The complex also has three commercial towers that are often referred to as city garden corporate center. The company managed to acquire a large stake in Fasano Group hotels in 2007 and fully controlled the hotel in 2014.
Jose AuriemoNeto has consistently served as the Chief Executive Officer at JHSF Par since 2003. He first joined the company in 1993 and introduced the services department in 1997, by establishing a parking lot management company, Parkbem. Jose was also the Chief Executive Officer at JHSF Participacoes SA between 2006 and 2014. He also served the company’s board of executive officers.
Rainbow34 September 9, 2017