Jose Auriemo Neto is a Brazilian executive who is currently serving as the chairman and CEO of JHSF Participacoes, a Brazilian real estate, and property development company constructing office, residential, and retail spaces. JHSF Participacoes also ventured into the hotel and restaurant business, as well as building Sao Paolo’s first executive airport. Jose Auriemo Neto is responsible for venturing into the retail industry, as well as the hotel and restaurant arm of the company. He was thinking that venturing into industries aside from commercial and residential development would increase the annual revenue of the enterprise. He decided to venture into the retail industry in 2009, and he referred the decision to the board of directors of JHSF Participacoes. After the board approved his decision, JHSF Participacoes immediately constructed several shopping malls across Brazil, including Shopping Cidade Jardim, Catarina Fashion Outlet, Shopping Ponta Negra, Shopping Bela Vista, and City Garden Shops. He also signed contracts with several international brands to open their stores inside the malls constructed by JHSF Participacoes. The construction of these malls in the major Brazilian cities contributed to the rise of the company’s revenue, and today, JHSF Participacoes is valued at more than $1.2 billion US dollars. The growing economic market in Brazil is also an advantage for Jose Auriemo Neto, as JHSF Participacoes is already planning on building two additional malls in Brazil to cater to the local population. Click here to know more.
José Auriemo Neto is the son of Fabio Auriemo, the man who founded JHSF Participaoes in 1972. He decided to join the company in 1993, and he established the services department of JHSF Participacoes when he created Parkbem in 1997, a group managing parking lots. He was promoted to become the chairman and chief executive officer of the company in 2003 when his father decided to step down from the position. The contribution of Jose Auriemo Neto to the growth of the company is evident to their present status as one of the largest and leading real estate companies in Brazil. Jose Auriemo Neto is optimistic that his business will grow further, as they are now targeting overseas development. JHSF Participacoes already have properties outside Brazil, including several projects in the United States and Uruguay.