Jose Auriemo Neto is Brazilian based businessman who invests in the real estate industry. He is the chief executive officer of JHSF Participacoes and has held the position since 2003. The company was first founded in 1972 by two brothers as a construction company which was known as the JHS. In 1990 the firm split and JHSF Par was established as a real estate company. What’s more, Jose Auriemo Neto joined the company in 1993, three years after its establishment as a real estate company.
How Jose Auriemo Neto grew JSHF Company
Notably, it was Mr. Neto’s initiative to have the company have an asset base of the large sectors of real estate in the Brazilian market. Jose Auriemo Neto helped on this when he founded the company’s service department and created a parking lot management firm in 1997. Again, in 1998 he started a shopping center department which he did when he gained the rights to develop JHSF’s first shopping mall known as Shopping Santa Cruz.
Moreover, The development of Shopping Santa Cruz marked the beginning of JHSF’s portfolio on the development of the shopping malls. With this, the company started its specialization on innovations of world-class malls that came up after that. Some of the already established malls include Shopping Ponta Negra, Cidade Jardim Shops, Shopping Bela Vista, Shopping Cidade Jardim and Catarina Fashion Outlet.
Further, under Mr. Neto the company grew exponentially to become an industry leader in the real estate sector in Brazil. Notably, as at 2017, the company had its real estate projects having more than 6 million square meters of its development. JHSF’s portfolio in all sectors includes an executive airport, shopping malls, upscale hotels and restaurants, and commercial and residential developments.
Furthermore, the company has been involved in developing real estate properties outside Brazil to Uruguay and New York, United States. Additionally, with the expansive growth of JHSF, Jose Auriemo Neto has had to even relocate from time to time with his family as he concentrates on the company’s core business.