HSF Participações is a well-known company that operates in the development of shopping centers, real estate development restaurants, and gastronomy. The company was established in 1972 where its main activity and investment was the high-revenue segment with a concentration ion recurring income business ventures. The company offers its service both in Brazilian markets and in the surrounding countries such as the United States.
JHSF Participações was the first real estate firm to prioritize recurrent income assets in Brazil. The assets included the operation of shopping malls, an airport and hotel and real estate projects.
Over the years, HSF Participações has constructed over 6 million square meters of construction, and the sources have it that the company has a market value on the stock market of approximately 1.2 billion dollars. The company was established in Sao Paulo Brazil in 1972 by two brothers Fabio and Jose Roberto partnering with two other investors. When the company was established, the company meant to provide construction and incorporation services.
In 1990, there was a split in the firm, where Fabio Aurirmo took control of the firm’s operation that changed JHSF while keeping the focus its operation in real estate market. In 2001, the company experienced some expansion and started to operate in shopping malls. The company prides in constructing and operating Shopping Metro Santa Cruz located in Sao Paulo. The shopping mall is considered as the first mall in the country to be integrated with a subway station and learn more about JHSF.
After two years, the elder son of took over JHSF Participações at the age of 27. Due to this, he intensified his role in the luxury and high revenue market. In 2006, JHSF built the CidadeJarden complex where the Shopping CidadeJardim is situated.
About José AuriemoNeto
José AuriemoNeto is a proficient entrepreneur and the CEO of JHSF. José AuriemoNeto recently moved to a six-month stretch in New York whereby his kids have started schooling there.
The main reason for the relocation is to closely supervise the building process of high-rise apartment that will have a five-star JHSF hotel service located on Fifth Avenue and more information click here.
The JHSF is a family-owned real-estate company that is based in Brazil. It was not always JHSF, at its inception, it wasn’t even a real-estate company. It was initially a construction company co-founded by two brothers back in the year 1972. The brothers had divergent business goals and comprised of contrasting business ideals. The slippery slope became too much to handle for the two as their sibling rivalry further pushed them further ultimately leading to fallout. José Roberto went on to found JHSF while his brother, Fábio Auriemo, transformed JHS to JHSF.
Fábio Auriemo was very passionate about development and had dedicated his company to developing real estate properties. He wanted JHSF to excel in his preferred field of development. The venture did not disappoint him. He increasingly widened his scope and possession of real-estate property gradually. He branded and organized JHSF to be pioneering, daring, innovative and to identify market opportunities while producing quality products.
The company has been growing and accumulating property expansively. The growth has mainly been attributed to the consistency JHS has portrayed in its 42 years of business. Its levels of professionalism have seen it getting high credibility and respect. It has also been acknowledged for its high corporate governance by Bovespa. Read more.
The company has been able to acquire and amass large pieces of real estate in numerous capital cities. It has consolidated dominance in cities like Salvador, Uruguay, Miami, Sao Paulo and New York. The real-estate properties include an airport, shopping center complexes, and hotels. It is majorly attributed to high-end lifestyles as it owns vast prime real estates that meet luxurious needs only. However, the company denied such assumptions and listed some of its middle-class citizen’s property and provisions that included shopping centers like the Shopping Metro Santa Cruz and commercial buildings. The company officially hosts Pinheiro Neto and other law firms.
Fábio Auriemo let go of his presidential position for his son, José Auriemo Neto. The young man immensely impressed his father when he pitched him the idea to buy a parking lot on the edge of Marginal Pinheiros. The then seemingly worthless piece of real-estate turned out to be the best investment JHSF ever made.
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