Known as one of Brazil’s most prominent real estate development companies, JHSF is located in the city of Sao Paulo, with other operations in the U.S. and Uruquay. Estimated to be worth more than $3 billion, the business specializes in investing in properties such as shopping centers, hotels, retail outlets and residential buildings. Since 2003, its Chairman and Chief Executive Officer has been Jose Auriemo Neto, who started working for the company in 1993 and later founded its services department by opening up a parking lot management division called Parkbem in 1997. He managed to secure partnership agreements with luxury brands such as Hermes, Jimmy Choo and Valentino, and featured those brands in the retail outlets he opened up in the Cidade Jadrim Shopping Center. JHSF was the first to own a Valentino store in Brazil.
Originally called JHS, JHSF was established in 1972 by brothers Fabio and Jose Roberto Auriemo, along with two other partners. By the year 1990, it was split into two different companies, and Fabio took over the real estate portion of it. This family business has had longevity due to the exceptional negotiating skills the owners have used throughout the decades. Real estate is a fast growing industry in the country of Brazil, and JHSF has managed to seek out some of the best investment opportunities when it comes to this field. Current CEO Jose Auriemo Neto attended Fundacao Armando Alvares Penteado University, where he majored in Business Administration and Engineering. He has been a member of the company’s Board of Executives since March of 2009.
In addition to investing in real estate ventures in Brazil, JHSF has also taken on projects in the U.S., one being on Fifth Avenue in New York. The business also developed a condominium in Punta del Este, Uruquay called Las Piedras.
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