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.