The Brazilian real estate market has been shaped with tremendous growth over the years, due to the involvement of companies with visionary leaders such as JHSF.
History of the company
Established in 1972, JHSF is one of Brazil’s real estate market pioneers. The company was formed by two brothers, namely; Fabio and Jose Roberto Auriemo in conjunction with two other partners. Ever since its commencement, the company has always focused on construction and real estate development. Over the years, the firm gained leverage in real estate, and in 1990, brothers Fabio and Jose Auriemo decided to split it into independent companies.
In 2001, the company began directing its focus into the shopping arena by coming up with ultra-modern shopping facilities. Its first project was the Shopping Metro Santa Cruz, which was the first and also the most famous mall in all of Brazil, due to its subway station.
Over the years, JHSF has been increasing its footprint all over Brazil, and now has assets in most Brazilian cities. These include Sao Paulo, Manaus, and Salvador. It has also established its presence outside Brazilian borders and has developed a series of international projects in cities such as Miami and New York. Besides shopping centers, JHSF also operates in the hospitality sector as well as an airport.
About its management
As mentioned earlier, JHSF is a family business. As a result, its management has always been in the family. Currently, the real estate firm is run by Jose Auriemo Neto. He has been serving as the chief executive officer for the longest time now. Ever since he took over, Jose Auriemo Neto has done nothing but lead the company to be one of the most profitable corporates in Brazil’s real estate.
His first project at JHSF was the formation of a service department in the company during his early years. Other achievements of JHSF under his wing include the establishment of an executive airport mentioned earlier, four more shopping centers such as Cidade Jardim, Bela Vista and a fashion outlet among many others.
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