The Brazilian real estate, commercial markets, and the residential industry have witnessed an upsurge in its clientele base, and in turn, higher incomes have ensued. By extension, the hotel industry has also seen significant financial prospect courtesy of the numerous business opportunities that the above ventures have actualized. In all these developments, JHSF Participacoes SA has commanded a lead in these sectors, courtesy of their distinct ability to single out and grab business opportunities, firsthand even before their competitors think of the same. In this regard, JHSF has gained an immense reputation for its clever strategies in making commercial acquisitions mostly in rental properties, the hotel industry, and shopping centers. With its operations visible in the Brazilian cities of Sao Paulo, Salvador, and Manaus, the company has consolidated a wide ‘catchment’ area and hence succeeded in attracting investors and clients in equal measure.
Using Recurring Income Area
One business strategy that has enabled the company to succeed in this competitive field is the fact that they adopted recurring income area. The approach has ensured that the company remains afloat in much sophisticated real estate markets beyond Brazilian borders. Additionally, recurring income area has led to an appraisal of JHSF’s shares of its revenues. Under the recurring income area, JHSF boasts of 4 of its prime business units namely: corporations, malls, hotels and restaurants and lastly an airport. Behind all the development of these ventures and units, the management of the company takes credit for steering it to its heights. One of the personalities behind these successes is Jose AuriemoNeto, who serves as its Chief Executive Officer and also doubles up as its chairman.
Jose AuriemoNeto’s Resourcefulness
As the company’s CEO, he has overseen JHSF’s interests in real estate and commercial properties grow from a small company to the largest real estate businesses in Brazil. Since assuming office in 2009, he has helped the company make huge strides regarding making important partnerships. For instance, he is credited with signing JHSF’s first ever collaboration with Hermes and Jimmy Choo where the company opened up its main retail shops in Sao Paulo. In 2012, Jose AuriemoNeto also secured a partnership with Valentino where they launched the R.E.D Valentino stores in Sao Paulo and other cities in Brazil.