Historically, the real estate industry in Brazil has been impacted by the country’s high volatile economic and regulatory environment. Systematic problems including high inflation, economic stability, access to mortgages, high interest rates, and challenging legal framework among other issues have significantly affected the development of real estate industry in Brazil. JHSF Participações has, however, braved all these problems and weaknesses to emerge as a leading real estate holding company in Brazil.
The main area focus of JHSF Participações is investment in the high-income market segment. The company specializes in shopping centers, hotels, gastronomy, and other recurring income real estate development projects.
Founded in 1972, JHSF was the first real estate firm in Brazil to specialize in recurrent income assets, including operations of airports, hotels, and shopping malls among other real estate projects.
For the years that they have been in business, JHSF Participações boast of over 6 million square meters of construction. Their stock market value in 2017 is estimated to be R$ 1.20 billion.
JHSF Participações does not concentrate in the Brazilian market only; the company operates in international markets, including United States, Uruguay and other countries. Some of the remarkable projects that the company has completed include the building 815 on New York’s Fifth Avenue and the Punta del Este’s residential condominium. Other important ventures that the company has accomplished include:
About José Auriemo Neto
- Shopping Cidade Jardim in São Paulo
- Fasano group restaurants
- Group Hotels Fasano
- Catarina Fashion Outlet in São Roque
- Shopping Ponta Negra in Manaus
- Shopping Bela Vista in Salvador
José Auriemo Neto is the current chairman and COO (chief executive officer) of the company. He oversees the company’s brand interest in development of hotels, office buildings, and other major public projects. José Auriemo Neto also administers JHSF Participacoes’ extensive shopping and retail portfolio.