Although JHSF Participacaoes is not one of the oldest real estate development firms in the country of Brazil, being founded in 1972, it is nevertheless one of the most successful. This has proven even truer since 2001, when its current CEO, Jose Auriemo Neto, took over the reins of the firm that his father started. Today, JHSF Participacaoes race is one of the most powerful and high value real estate development firms that the country has ever seen.
While under the leadership of Jose Auriemo Neto, JHSF Participacaoes has taken on some of the most ambitious projects in the history of Brazil. It has undertaken such projects as the General Motors Brazilian Proving Grounds, a vast facility dedicated to automotive testing. The General Motors Brazilian Proving Grounds is the largest facility of its kind and Latin America. The project has created more than 100,000 jobs in the Sao Paulo area, leading to a vast influx of new capital into the surrounding area.
Over the course of his tenure, Auriemo Neto has overseen an increase in the stock price of more than 13 times. After overseeing the company’s IPO in 2007, Auriemo Neto has managed to increase the company’s valuation more than $1.3 billion, making it one of the most valuable real estate development firms in all of Latin America. The incredible increase in the value of the company is testament to Auriemo Neto’s leadership and vision.
Auriemo Neto has also been involved in a number of highly successful residential and office projects. One of these, the Parque Cidade Jardim, has become one of the most sought-after residences in the whole Sao Paulo area. Located alongside one of the most heavily trafficked highways in the entire country, the Parque Cidade Jardim was the sole brainchild of Auriemo Neto. Sitting on a property that was almost totally dilapidated, Auriemo Neto was the only one with the vision and sagacity to see the value in developing the property into one of the largest mixed-use luxury developments the country has ever seen.
The Auriemo Neto project was completely sold out before it was even completed. Today, the development boasts nine high-rise luxury condominiums, four Class A office space towers and a 180-store shopping center that includes Luis Vuitton, Reebok Academy and a Cinemark mega-theater.