Hussain Sajwani is a visionary businessman and the owner of DAMAC Properties, a leading property development company in the Middle East. He is ranked as the tenth richest Arab in the world and often listed among the top 100 influential Arabs courtesy of his successful career in DAMAC properties. Sajwani intends to spread his business to Asia.
The DAMAC owner was born into a business family that ran a store that sold watches. He started helping in the family business after school hours when he was very young. He was among the first students that obtained a scholarship to study in the US.
While studying in the US, Hussain Sajwani started earning by marketing timeshare apartments. He graduated with an economics and Industrial Engineering degree from the University of Washington. He wanted to start his company but understood very well he needed to gain experience in running a successful business. So he started his finance career in a large gas and oil company in Qatar. According to alkhaleej.ae, during the two years he worked in the finance department of the company, Hussain Sajwani was among the team that processed payment for contracts. Later on, he saw the need of starting his company and make more money with the business ideas he had.
After gaining experience working for the oil and gas company, Hussain Sajwani started his first business in 1982, a catering company. The business picked up fast and was among the leading catering companies with more than 200 active projects and serving more than 150, 000 meals per day. Today, the company serves people of Independent States, Africa, and the Middle East. In 2000, he saw an opportunity in the Real estate sector after the UAE opened the real estate sector. The DAMAC owner established DAMAC Properties that started developing rooms for hotels in Dubai.
Today, DAMAC Properties is a multinational company with over 2000 employees and offers services in the UK and countries in the Middle East. Hussain Sajwani’s DAMAC has been in operation for 15 years, and he gives his employees the freedom to exploit their potential. DAMAC Properties boasts of complete projects including 17,900 homes and 44,000 housing units.
Go here: https://www.albayan.ae/economy/local-market/2018-04-18-1.3240562
Hussain Sajwani is the founder and CEO of DAMAC Properties, and he has always been the kind of man to help those in need. When the Ramadan initiative was created, he donated AED two million to the campaign so it could clothe a million economically challenged children from all over the globe. Sajwani commented around the time of his donation and spoke about his belief that the children are the future of society and how important it is to ensure they live in an environment that supports their success. The campaign was put together by the Emirates Red Crescent, which was created in 1983, and a combined total of AED 120 million was gathered together to help the children.
DAMAC Owner Hussain Sajwani built DAMAC from the ground up and has been working with well-known people for many years to do so. He worked with Tiger Woods who helped to design a golf course that the Trump Organization built, manages, and maintains. He has worked with Donald Trump, now president Trump, for many years and plans on continuing to do so. Together, the pair have provided beautiful golf courses for two of DAMAC Properties Luxury Developments. Hussain Sajwani also spent some time with Trump and his family during a recent New Year’s Eve celebration that took place at Trump’s Mar a Lago estate.
DAMAC Properties is located in Dubai but works in many different parts of the world. His company has developed more than 19,000 apartment units since it went into business and has more than 44,000 units that are at different stages of their development. Hussain Sajwani has also built a very successful catering venture that began many years ago. Today, it continues to be one of the most successful businesses of its kind. While Hussain Sajwani grew up in the Middle East and now calls it his home, he has lived in the United States. When he was a younger man, he came to the United States to study at the University of Washington. While there, he was able to finish up his bachelor’s degree in industrial engineering and economics.
Article source: https://analystoffinance.com/2018/05/damac-owner-hussain-sajwani-re-built-dubais-real-estate-market/
JHSF Development is a leading real estate firm in Brazil that is known for its high-quality projects and unique architectural designs of its projects. The company was established in 1972 and since then has progressed consistently to become one of the leaders in the domestic real estate market. JHSF Development firm develops commercial as well as residential projects, including shopping malls, international business airports, high-end hotels, and more. The company has an excellent track record in providing retail and property management services as well. One of the business units of the JHSF Development is Fasano Hotels and Restaurants, which is a highly popular brand in the hospitality industry of Brazil.
JHSF Development is presently headed by one of the most remarkable and successful business executive, Jose Auriemo Neto. He has shown his business skills and vision in the first couple of years only after joining the company. The first thing he did upon joining the company was to start a car parking service by the name of Parkbem, which till date continues to be one of the highly profitable arms of the JHSF Development. The retail division of the company is also highly profitable, and over the years, the company has developed many unique and extensive shopping centers, including Cidade Jardim, Santa Cruz Shopping Mall, Metro Tucuruv, Bela Vista in Salvador, and much more. The company has made substantial profits from the development and management of shopping center and aims to expand its retail development portfolio further in the future.
Jose Auriemo Neto is a graduate from one of the most respected universities in Brazil, Armando Alvares Penteado University in Sao Paulo. One of the reasons why Jose Auriemo Neto has been able to take forward the company’s vertical success successfully is due to his focus on global expansion. JHSF Development currently has projects in many other countries apart from Brazil, which he believes is crucial for the long-term success. Jose Auriemo Neto believes that without global expansion, it is impossible not to get stagnate in the Brazilian real estate sector after a while. He recently moved to New York to manage the development of residential apartment by JHSF Development on Fifth Avenue.
JHSF/Jose Auriemo Neto is a world class leader in the Brazilian high-end real estate world; he has made some significant impact in the commercial and residential developments and development of high-end hotels, shopping areas, and even international business airport. Some of the major shopping complexes that Jose administers are the; Cidade Jardim shopping complex in Sao Paulo, Metro Tucuruvi, the Bela Vista in Salvador and the Ponta Negra in Manaus, that have led to economic growth in Brazil.
He oversaw the group’s venture in the retail partnership between Jimmy Choo, Pucci and Hermes in the opening of the luxury brand’s first retail stores in the JHSF Owned Jardim Shopping Mall. In 2012 the company also partnered with Valentino in launching the RED Valentino stores in Brazil.
The company was founded in 1972, boasting of over 40 years’ experience and over two thousand employees, by recognizing its need in the market it operates. It has been ahead of pioneering quality, innovation and providing solutions in the development of projects that embed in the DNA of the firm. JHSF has branches in Manaus, Salvador, Sao Paulo, and international offices in New York, Miami, and Uruguay. The company consists of four business units; Incorporation, Shopping Centers, Restaurants, Airports, and Hotels.
JHSF was among the first Brazilian real estate companies to prioritize income assets which include the operations of the shopping mall, hotels, property, and airports. The company has done over seven million square meters and over two billion dollars in projects.
Jose is an Alumni of Fundacao Armando Alvares Penteado University in Sao Paulo. He began working in the company at an early age of thirteen where he found his passion in real estate. He took over his father’s business at a very young age and overseeing construction of shopping malls; he was a responsible young man. Jose Auriemo Neto is married to his wife Mariana, and have a total of six kids. They live in New York City where their children attend school. From this location, Jose can carefully monitor is high-end apartments.
JHSF Participacaoes has become one of Brazil’s most prominent real estate development firms. Founded in 1972 by family patriarch Fabio Auriemo, the firm has grown from humble beginnings into an international power player in the global real estate market. Having built highly awarded properties all across Brazil, the firm has worked with some of the greatest architects in the world, bringing to fruition incredibly ambitious projects that have enjoyed phenomenal success. The company has been instrumental in bringing Brazil into the ranks of the most coveted global luxury markets.
Today, the company is run by Fabio Auriemos’ son, Jose AuriemoNeto. Under the leadership of AuriemoNeto, the company has rocketed from a merely mid-sized real estate development firm to one of the largest in the country. It has pursued a number of strategic acquisitions and has taken on some daring developments, proving that Brazil has the market and the resources, including human capital, to build projects on a scale only seen in the top real estate markets in the world.
Since 2004, the year in which company built the now famous flagship complex, ParqueCidadeJardim, the company has done nothing but experience steady growth. By 2007, AuriemoNeto decided that it was time to take the company public. In one of the first offerings of its kind, the company was listed on Bovespa, the Brazilian stock market, in an IPO valued at more than $100 million. Just one decade later, the company has a market capitalization in excess of $1.3 billion. This remarkable growth reflects the faith that the market has in AuriemoNeto’s leadership and his ability to bring some of the most ambitious projects in the history of Brazilian real estate development to fruition.
One of the major tenants of AuriemoNeto’s strategic vision is the acquisition of high-end properties, including hotel chains, shopping malls and residential condominium complexes. In following this strategy, AuriemoNeto finalized the purchase of the Fasano hotel chain in 2014. This means that JHSF Participacaoes is now not only one of the largest developers of hotels in Brazil, but it is also currently one of the largest owners and operators of luxury hotels in Brazil and throughout Latin America.