JHSF Participacaoes has become one of Brazil’s most prominent real estate development firms. Founded in 1972 by family patriarch Fabio Auriemo, the firm has grown from humble beginnings into an international power player in the global real estate market. Having built highly awarded properties all across Brazil, the firm has worked with some of the greatest architects in the world, bringing to fruition incredibly ambitious projects that have enjoyed phenomenal success. The company has been instrumental in bringing Brazil into the ranks of the most coveted global luxury markets.
Today, the company is run by Fabio Auriemos’ son, Jose AuriemoNeto. Under the leadership of Jose AuriemoNeto, the company has rocketed from a merely mid-sized real estate development firm to one of the largest in the country. It has pursued a number of strategic acquisitions and has taken on some daring developments, proving that Brazil has the market and the resources, including human capital, to build projects on a scale only seen in the top real estate markets in the world to learn more: http://www.valor.com.br/empresas/4821338/venda-de-ativos-da-jhsf-em-2016-supera-r-15-bilhao click here.
Since 2004, the year in which company built the now famous flagship complex, ParqueCidadeJardim, the company has done nothing but experience steady growth. By 2007, AuriemoNeto decided that it was time to take the company public. In one of the first offerings of its kind, the company was listed on Bovespa, the Brazilian stock market, in an IPO valued at more than $100 million. Just one decade later, the company has a market capitalization in excess of $1.3 billion. This remarkable growth reflects the faith that the market has in AuriemoNeto’s leadership and his ability to bring some of the most ambitious projects in the history of Brazilian real estate development to fruition.
One of the major tenants of AuriemoNeto’s strategic vision is the acquisition of high-end properties, including hotel chains, shopping malls and residential condominium complexes. In following this strategy, AuriemoNeto finalized the purchase of the Fasano hotel chain in 2014. This means that JHSF Participacaoes is now not only one of the largest developers of hotels in Brazil, but it is also currently one of the largest owners and operators of luxury hotels in Brazil and throughout Latin America.