JHSF Participacoes is one of the prime real estate developers in Brazil. They have involved themselves in several projects since their establishment in 1972, and in the present, they branched out their ventures and decided to invest in shopping mall construction and retail, real estate development, hotel services and restaurant management, under the leadership of Jose Auriemo Neto. The company was experiencing a steady growth right after the 2000s when their projects increased, and more developments came under their supervision. JHSF Participacoes is currently one of the most competitive and one of the fastest growing companies in Brazil, and they have shown that they can be a leader when it comes to the real estate industry.
The company was founded by Fabio Auriemo in 1972, and the company was initially called JHS. He is a native of Sao Paolo, and the company he established was entirely controlled by his family. They started as a small construction firm, selling building materials and doing small construction works. However, as time goes by, they decided to shift into larger projects, and JHS slowly dealt with more major construction companies to gain property development projects. JHS experienced tremendous growth as the property market in Brazil rose, but then internal family issues caused schism inside the enterprise. The division led to the creation of JHSF, still under Fabio Auriemo. The remnants of the old JHS continued their venture in the real estate business, and after years of hard work, JHSF becomes a giant Brazilian real estate developer.
Today, the company has investments both in Brazil and in foreign countries, like Uruguay and the United States. Their income is growing steadily, and it comes from the shopping malls that they operate, from the residential units that they managed to sell, office space lease and rentals, hotel operations, and real estate development projects. JHSF Participacoes is also working with the local government to construct an airport, and because of their continuous rise, JHSF Participacoes is now valued at $1.2 billion.
Jose Auriemo Neto is the current chairman and chief executive officer of JHSF Participacoes. He is responsible for the steady growth of the company and their new ventures in real estate industry. Jose Auriemo Neto wanted to keep the company as one of the most competitive in Brazil, and he stated that they are now focusing on becoming a global company that would reshape the international real estate industry.