JHSF Participações has become a household name whenever people in Brazil think of recurring income activities. This firm pioneered the finance concept of recurrent income by venturing into assets like hotels, shopping malls, real estate projects, and airports. The Brazilian outlet runs gastronomy, real estate development, hotels, and shopping malls. JHSF was formed in 1972 and its operations have ever since expanded as far as the U.S. and other neighboring countries.
How Did JHSF Grow?
JHSF was originally called JHS until 1990 when it was split to form JHSF Participações and JHSJ. The former was involved in real estate whereas the latter dealt with business issues. JHSF Participações later joined the shopping industry and established the first ever shopping mall in Brazil with a sub way station. JHSF later founded the first ever fashion outlet in Brazil, the Catarina Fashion Outlet.
How JHSF Has Succeeded in Recurring Income
JHSF came to be fully committed to recurring income when it realized the profit potential of this approach. The firm directed its funds and focus in establishing hotel, shopping malls, and administration projects that exploit the real potential of recurring income. The latest addition was Catarina, a development that consists of Catarina Fashion Outlet and Executive Airport.
Many businesses followed JHSF’s example after experiencing how her profits were increasing. JHSF reached the peak of her success in 2007 when it went public. Its shares are now available on Novo Mercado and FBovespa.
About Jose Auriemo Neto
Every time a discussion about JHSF pops up, you are likely to hear the name Jose Auriemo Neto. He is the CEO and chairman of the company. Under Neto’s leadership, JHSF has grown in leaps and bounds. Neto is in charge of the firm’s brand and also watches over its retail portfolio.
Neto studied at Fundação Armando Álvares Penteado (FAAP), a distinguished college in Sao Paulo. He joined JHSF in 1993 and within his first four years, he had developed the company’s parking lot management section. Neto has spearheaded numerous successful projects and is the leader behind the great track record and impressive reputation of JHSF.