JHSF Participacoes is one of the largest real estate development companies in Brazil, and they are considered as the prime company when it comes to the property market. Their operation spans to different sectors, and their most recent venture would be the shopping mall and the real estate development sector.
For years, JHSF has been focusing with real estate development, construction of hotels, and even with restaurants. Established in the city of Sao Paolo in 1972 by Fabio Auriemo, the company initially began with the name JHS. The main focus in the company’s early days was with investing in segments or projects which could generate higher income. With the real estate company’s success, the company managed to move out of Brazil to spread into different countries and made projects overseas. Today, JHSF has been developing properties in foreign lands, mainly in North and South America, including the United States. JHSF Participacoes has been prioritizing recurrent income assets through the years, becoming the first Brazilian property development and real estate company to do so. This includes real estate projects, shopping mall operations, hotels, and even the construction of a new airport. The company has developed over 6 million square meters of land throughout its long history and its stock market value in 2017 gradually moved up to $1.2 billion.
Before it became one of the most successful Brazilian companies, JHSF Participacoes started as a small construction company. It had a split in 1990, and the company under Fabio Ariemo became JHSF, focusing on real estate development. The company under Jose Roberto became JHSJ, which ventured out into new industries. The company decided to expand their operations in 2001, and has started operating shopping malls around Sao Paolo. Their first project was the Shopping Metro Santa Cruz, regarded as the country’s first mall integrated in a subway station. Fabio’s eldest son, Jose AuriemoNeto, took over the company in 2003. Under JHSF leadership, the firm began focusing on investing in high end properties and started constructing luxury condominiums and apartments. One of their projects during his leadership was the CidadeJardim complex, where the Shopping CidadeJardim can be found. It is a shopping center with luxury stores, built with nine condominium towers and three commercial towers. Jose AuriemoNeto led the company into different ventures, like hotels and restaurants, and wishes to invest into different industries in the future.
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