JHSF Participacoes S.A. was established in the year 1972 and is now among the Brazilian leading companies when it comes to the Brazilian exclusive real-estate. It is majorly recognized for its capacity to find new opportunities in the places it operates by finding and presenting sustainable solutions in developments. The 47 year old company is listed in the highest corporate government segment of the Bo Vespa in April 2007 and has made huge investments in the establishment of a lot of facilities including shopping destinations, high-end and exclusive hotels and there is also an international business airport managed by the company. As the company grew over the years, it has established its presence in places such as Sao Paulo, Uruguay and even in New York
Recently, the company was engaged in the establishment of a high-rise apartment which will include a five-star JHSF hotel service on Fifth Avenue New York. The apartments are stated to face Central Park and will be available for rent only and not for sale as this is an investment strategy that the company intends to use. Jose AuriemoNeto, the eldest son of Fabio Auriemo, took over the company JHSF Participacoes S.A., which was his fathers business, at the age of 27 and is now the Chairman of the board of directors. His job title includes, among other functions, the overseeing the companies brand in activities in office apartments, hotels and public establishment ventures.
Recently he has moved with his wife and their children to a six-month stretch in New York in order to closely follow the proceeds of the company’s investment projects in the city. Neto began working for the JHSF company in the year 1993 and invented the parking lot management company Parkbem. He achieved this by founding the group’s services department. After huge success, Jose Auriemo Neto acquired rights to construct the first shopping terminal in Santa Cruz and oversaw its successful establishment to completion. Over the years the company has made huge investment strides and even encroached different regions and in early 2018, the company’s its gross profit is reported to be up by 16.1 percent each year.
Read more: https://www1.folha.uol.com.br/mercado/2018/08/jhsf-malls-amplia-catarina-outlet-e-investe-para-expandir-shoppings.shtml