JHSF runs successful real estate businesses, shopping complexes, upscale hotels, and a prestigious airport. Launched in 1972, the real estate champion is respected for its ability to tap into profitable business opportunities. JHSF avails enough resources and infrastructures to its highly competent professionals to help them in developing sustainable solutions and addressing the needs of clients.
JHSF has opened several shopping centers, 5-star hotels & restaurants, and rental spaces in Brazil. The firm launched its first Sao Paolo-based airport in 2016. It constructed its first shopping complex in 2001, and it has expanded the retail business to Sao Roque, Manaus, Salvador, and Sao Paolo. JHSF has designed these shopping complexes to meet the global standards by incorporating modern features, including spacious parking lots, natural lighting, and gardens.
JHSF sold assets worth $461 million in 2016
JHSF Participacoes SA pocketed $461 from asset sales in 2016. The firm sold 33 percent of its shares in Cidade Jardim, a top shopping mall in Brazil. Since making inroads in the Portuguese-speaking nation, the buyer, which is a subsidiary of Israeli-based Gazit Globe Ltd, has been purchasing malls in Sao Paolo. In early 2016, JHSF Participacoes sold Shopping Center Metro Tucuruvi as well as assets outside Brazil. Proceeds generated from the transaction were used to strengthen the capital structure of the company.
Jose Auriemo serves in the capacity of CEO and head of operations at JHSF. He replaced his dad, Fabio Auriemo, as the head of the real estate company. JHSF Participacoes has stayed at the top of the real estate sector thanks to Jose Auriemo’s wisdom and ability to invest heavily in new investment opportunities. He is a strong advocate of teamwork and innovation within the workplace. He values the contribution of each employee towards the development of the firm.
Apart from his daily involvement in the running of JHSF, Jose Auriemo also provides advisory services. He is excelling in managing the growth of commercial properties and shopping complexes. He has grasped the ins and outs of the real estate sector during his more than 20 years tenure at JHSF.