JHSF Participações S.A. is among the biggest real estate developers in Brazil, with about 5,000 employees. Headquartered in the heart of Sao Paulo, the company specializes in developing some high-end projects, such as airports, shopping malls, and luxury hotels. Besides developing commercial properties, JHSF also develops residential homes and apartments in Sao Paulo.
The Company’s Growth
Founded 45 years ago, JHSF has grown exponentially, opening offices in major cities across Brazil. Besides Sao Paulo, the company currently has operations in Salvador and Manaus cities in Brazil. The company has also crossed Brazilian Borders to establish offices in Miami and New York, both in the United States, as well as in Punta del Este, Uruguay.
About a decade ago, Bovespa included JHSF in the list of the highest Corporate Governance. The company is known all over Brazil for its ability to spot business openings and invest accordingly. Its highly innovative staff develops quality projects that always takes the lead as other companies’ benchmark from them. The sophistication brought by JHSF in every project it undertakes most often than not the pioneer in the real estate sector in Brazil and the international markets it operates in.
The Financial Position of JHSF
According to the data released by Bovespa, JHSF recorded a good trading year in 2015. The records showed that the company had assets totaling to R$ 6.5 million and a sales revenue of over R$ 630, 000 as at 31st December that year. In funding its activities, the company spent about R$283,000 on operational activities, R$ 268,000 on investment activities, and R$ 210,000 in financing activities.
In the stock market, JHSF had a total of 117,179,301shares, most of which were common shares, in 2016. The company’s capital stock as at February this year comprised of 525,661,247 common shareholders.
José Auriemo Neto
José Auriemo Neto was among the co-founders of JHSF Participacoes SA. He is the current CEO and chair of the board of directors of the company. He is married to Mariana, with whom he has children. José Auriemo Neto lives in New York together with his family.
In his capacity, Jose is in charge of overseeing the company’s development. In 2009, for example, he oversaw the development of Cidade Jadrim shopping complex. Jose is pursued his degree at the eminent Fundacao Armando Alvares Penteado (FAAP) University.