History and Corporate Profile
Founded in 1972, JHSF Participações S.A. is a holding company that invests in and manages shopping malls and luxury hotel and restaurant operations – notably under the Fasano brand – and develops residential real estate projects for high-income clients, the latter being its first developed business.
The decision-making process of JHSF’s Management is based on the balance between: (i) the strengthening of Operating Income; (ii) the streamlining of capital allocation; and (iii) initiatives to reduce the cost of equity and third-party capital. The combination of these measures contributes to the value creation we intend to deliver to our shareholder and other stakeholders.
JHSF maintains assets to be developed, with value creation potential, which will be implemented as long as market conditions and capital structure are appropriate.
The Company’s Management has invested, and will continue investing, in internal mechanisms and procedures related to integrity, audit and incentive to the reporting of irregularities, and the effective application of codes of ethics and conduct.
Comprises (i) four shopping malls – Cidade Jardim (“SCJ”), Bela Vista (“SBV”), Ponta Negra (“SPN”) and Catarina Fashion Outlet (“CFO”); (ii) shopping mall services – administration, parking and supply of energy and telecommunications; and (iii) high-end retail brands.