The real estate firm is one of the most reputable in the sector and has investments in different parts of the world, including Uruguay and the United States. It has its headquarters in Brazil and focuses on investing in the country’s high-end real estate market. The organization also develops and administers modern shopping outlets, hotels, and also owns a business airport in Brazil. It has been operational for more than four decades now and has become a pacesetter in luxury incorporation over the years.
Some of the things that have had a significant impact on its growth include its strong leadership team which is led by Jose Auriemo, ability to identify viable business opportunities in the industry, and its commitment to offer quality services. It is a public company and is listed in the Sao Paulo Stock Exchange. Jose Auriemo inherited his position at the organization from his father, who was the founder.
Statistics from the firm showed that it had estimated revenue of $384.6 million in 2016. The value of its assets has grown over the years and stood at $4.5 billion last year. The growth of the company under the leadership of Jose Auriemo has necessitated an increase in the number of employees. It had 500 employees in 2016.
The organization has also constructed other shopping complexes in the country which include a Sao Paulo-based mall called Shopping Metro Santa Cruz. The project was one of a kind in the country as it was the only shopping complex with a subway at the time. The Brazilian firm later acquired the Fasano Group of hotels where it has a majority stake. JHSF’s mall sold to another company and the deal was closed in 2016.
Jose Auriemo started working for the company during his adolescence age in its services department. He is the brain behind the parking subsidiary called Parkbem. He was given more responsibilities due to the success of the project as he displayed excellent managerial skills. The business executive played a crucial role in the development of shopping malls such as Cidade Jardim and Ponta Negra. He has signed exclusive partnership agreements to introduce unique brands into the country.