Z GROUP is a private real estate development and investment corporation.

Z GROUP has had a commercial presence throughout Central America and the Caribbean for more than 40 years. In this period of time, it has grown exponentially and diversified its areas of action, mostly related to the foreign trade sector, being the development and administration of free zone business parks the main activity in which the Group has specialized.

Z GROUP is a real regional corporation with five free zone parks established and widely consolidated in three countries of Central America (Costa Rica, Guatemala and Nicaragua), as well as with expansion projections in a fourth country


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In 2015 the Group has been conferred the "Main Award to the Exporter Effort" granted by the Chamber of Exporters of Costa Rica, and recently with the recognition as "Free Zone of the Year 2016" of Central America, according the specialized publication fDi Magazine of The Financial Times.

Furthermore, Z GROUP is dedicated to creating distinctive commercial and residential developments in prime locations. In 2013 it opened its first VIVO Plaza convenience shopping center Costa Rica; the brand and concept is rapidly expanding into a network of regional convenience shopping centers.

One of the Group's current major developments is Ciudad del Este in Costa Rica, a master-planned, mixed-use community on a 300,000m2 property.

It is conceived as a blend of commercial, office space, residential, hotel and health-service project, with an innovative architecture and eco-friendly design.

Z GROUP employs 120 people in five different countries, and counts with a highly experienced, talented and innovation-prone management team.


Donatella Zingone Donatella Zingone


Cesare Zingone Cesare Zingone, MBA


Marco Garro Marco Garro, MBA

General Manager - Costa Rica

René Castañeda René Castañeda

General Manager - Guatemala & Nicaragua

Álvaro Quirós Álvaro Quirós


Edgar Gonzalez Edgar Gonzalez

Sales Manager - Industrial

Sergio Soto Sergio Soto

Sales Manager - Commercial

Rodrigo Zapata Rodrigo Zapata

Development Manager

Rodrigo Zapata Jorge Garita

Operations Manager