The Brazilian real estate industry has experienced some significant changes in the last few decades. Many of these changes have been inspired by the giant developer, JHSF Participacoes S.A. One of the biggest real estate companies in the country, it is based in Sao Paulo but also has offices in the Brazilian cities of Manaus and Salvador. Innovation is that center of all the company’s undertakings and has greatly propelled its growth since its formation in 1972.
A great deal of JHSF’s success stems from the company’s retail and shopping mall businesses. The company has developed and actively manages six malls that it has developed. Some of its bigger malls include Shopping Ponta Negra in Manaus, Shopping Cidade Jardim in Sao Paulo and Shopping Bela Vista found in Salvador. Owing to their malls’ great popularity, JHSF saw the opportunity to generate more income by also becoming a retailer. Consequently, through exclusive partnership agreements, the company has been able to open a number of flagship stores for international fashion brands such as Jimmy Choo and Pucci. Click here to know more.
Since 2016 the company has been developing the first privately-owned executive airport in the country. Located in Sao Paulo, the airport is envisioned to serve the business travelers entering and leaving the country.
JHSF is a publicly traded company. It had a successful IPO launch in 2007 and is today listed on Sao Paulo’s Novo Mercado stock exchange.
More on Jose Auriemo Neto
Mr. Neto is the current Chairman of JHSF, a position he has held since June 2011. Additionally, he also serves as the organization’s chief executive officer between 2003 and 2016. The real estate executive is a graduate of Sao Paulo-based Fundacao Armando Alvares Penteado (FAAP) University. The son of JHSF’s former President, Fabio Auriemo, and first joined the organization in 1993. In the period that he was JHSF’s CEO, he launched the company’s retail and airport business. Before becoming the CEO, he was also among the chief architects of the company’s shopping center and services departments.
Despite his busy schedule, M. Neto spends a lot of time with his family. The husband and father of three even travels with his family on long-term work assignments.