JHSF Participacoes is one of the largest and most recognized real estate companies in the country of Brazil. Located in the city of Sao Paulo, the company has invested in a number of property development ventures over the years, such as shopping centers, hotels, retail stores and residential homes. Businessman Jose Auriemo Neto began working for JHSF in 1993, and he became its Chief Executive Officer in 2003. Before he obtained a leadership role at the company, he previously worked in the services department of the business, and while he was in that division, he started Parkbem, a parking lot management company, in 1997.
Since Jose Auriemo Neto took over his top executive position at JHSF, the business has signed partnership deals with popular upscale fashion brands like Hermes and Jimmy Choo, and has opened up a shopping center called Cidade Jadrim, which features those designer brands. JHSF also negotiated a partnership deal with the Valentino fashion brand in 2012 and opened up the first stores in Brazil to carry this clothing label. In addition to that, the company has also taken on international projects in the US on Fifth Avenue in New York, and in Uruquay, where they developed a condominium called Las Piedras in the Punta del Este area.
JHSF was founded by two brothers named Fabio and Jose Roberto Auriemo, and their two business partners four decades ago in 1972. By 1990, the business was split into two ventures, one of which was real estate, which Fabio was responsible for running. The current CEO of the company is a graduate of Fundacao Armando Alvares Penteado University, where he majored in Engineering and Business Administration. Jose Auriemo Neto has also been a member of JHSF’s Board of Directors since 2009. Real estate is considered to be a rapidly growing industry in Brazil, so companies like JHSF see it as being one of the best investment opportunities in the country. The company not only has operations in Latin America, but it also has offices in the United States and Uruquay. JHSF is estimated to have a net worth of over $3 billion.