JHS was founded in 1972 by the brothers Fabio and Jose Auriemo. At that time the business was mainly concentrated on construction and incorporation services. In 1990 the two divided JHS into two separate companies. Jose took control of the company now known as JHSI which continued its focus on construction and incorporation services. Fabio took control of the company then known as JHSF, which focused on the real estate business.
At the turn of the current century, Fabio’s son Jose convinced his father that the company should enter into the luxury mall real estate market. Jose significantly elevated his standing in the company by both persuading his father and then leading the charge into the sector. His leadership at this time was such that it was natural for him to replace his father after he retired as the company’s CEO in 2003. In 2007 he led the company to have a majority share of Fasano Groups hotels.
And in 2014 JHSF also achieved a majority share of Fasano restaurants. During that same year, Jose was replaced by Eduardo Camara. In 2018 he was replaced as CEO by Thiago Alonso Camara. Today the company’s areas of interest include luxury malls, airports, hotels, restaurants, and residential. It is also currently the top Brazilian high-end real estate business. But while the majority of its business is exclusive to Brazil, it also maintains projects and offices in Uruguay and the U.S. In 2017 the company was estimated to be valued at about R$1.20 billion.