Tuesday 15 June 2021

Three Families Receive A Quarter Of Government Spending On Rent

These families in addition to having some of the most expensive building in the country have ties to many other businesses, including the Grupo Nacion and a current presidential candidate.

Five corporations (Sociedades Anominas or S.A.s’), controlled by three families, receive 24% of the ¢1.589 billion colones that 15 government agencies pay monthly in the rental of 303 properties.

An investigative report by Amelia Rueda reveals the companies, controlled by the families Marín Raventós, Saavedra Raventós, and Escobar Pardo, invoice the government ¢382 million colones (US$682,000 dollars) monthly (US$8.185 million annually) for leasing five properties.

Editicio Raventos, is located on the Avenida Central, across from the Central Market

- Advertisement -

The five buildings are the Edificio Rofas (across from the San Juan de Dios hospital), the Edificio La Llacuna (diagonal to the Plaza de la Cultura), Edificio Raventós (next to the Banco de Costa Rica), Centro Corporativo Internacional Torre B and Torre C in Barrio Don Bosco.

The Rofas building, titled to the Compañía Comercial Rofas, whose board of directors are the sisters Saavedra Raventós, is rented by the Ministry of Education, that also rents space in the Raventós Building, owned by the Compañía Galletano S.A., of the Marín Raventós family.

The Llacuna building, also the property of the Compañía Galletano, is rented to the Ministry of Finance, which also rents space in the Centro Corporativo Internacional Torre B and Torre C, owned by Hogares de Costa Rica and CCI Torre C, controlled by Juan Francisco Escobar Crespo and his sons.

The five properties are part of the 10 highest rents paid monthly by the government, and in all cases, the rentals comply with the requirements established by law.

The Raventos

- Advertisement -

The Llacuna building sits diagonal to the Plaza de la Cultura

The Raventos family dates back to Pedro Raventós Gual, who emigrated from Spain to Costa Rica in 1912. Today, the rental business is run by the Adriana Marín Raventós, José Marín Raventós and her brother, Jose Marin Raventos; the board of directors includes Nuria Marín and María Gabriela, grandchildren of Don Pedro.

With the death of Don Pedro ii 1976, the family business was continued by his daughter Nuria Raventós López, mother to Adriana, José, Nuria and Gabriela. Doña Muria died in December 2014.

All in the family

The Raventos family has ties to the Escobar Pardo family by way of marriage between Adriana Marín Raventós and Jose Francisco Escobar Pardo, son of the founder of Hogares de Costa Rica S.A. (Centro Corporativo Internacional) Juan Francisco Escobar Crespo, who emigrated from Colombia to Costa Rica in 1965. The couple separated in 2005. Adriana later married Manuel Francisco Jiménez Echeverría, exceutive president of Grupo Nación.

In the Costa Rican business world, real estate is not the only business of the Marín Raventós. They have also ventured into food franchises, agriculture and commercial activities related to the sale of clothing and shoes.

Centro Corporativo Internacional in Don Bosco

- Advertisement -

José Marín Raventós, vice president of Compañía Galletano and Compañía La Llacuna, presides over the Cachos Group (store stores), and participates in the Vertigo, Lacoste and Timberland stores.

Nuria Marin Raventos is currently married to legislator and presidential candidate for the Partido Liberación Nacional (PLN), Antonio Álvarez Desanti.

Nuria is the founder of the Corporación Álvarez y Marín, that has businesses in agricultural, tourism and fast food that included the Wendy’s franchise in Costa Rica (closed in December 2014) and Chuck E. Cheese’s.

Rofas building is across the San Juan de Dios hospital

Older sider, Gabriela Marín, has a doctorate in business administration and is dedicated to academic work at the University of Costa Rica (UCR).

The Marín Raventós are cousins of Ana and Isabel Saavedra Raventós, owners of the Rofas property.

All together now

Besides the five properties rented to the government, the three families also own tens of other properties that include Centro Comercial de Guadalupe, Centro Comercial del Sur, Jardines del Recuerdo (cemetery) and most recent acquisition, Hotel Park Inn.

The Amelia Rueda investigation reveals that Escobar Crespo family has more than 70 corporations, according to the Registro Nacional (National Property Registry).

Other ties

The Escobar and the Raventós are ranked for having the most expensive buildings, by other well-known national businessmen.

Among the ties linked to the Escobar and Raventos are Elena Terán Ferrer and her husband Richard Beck, who also rent space to the government, raking in millions of colones monthly in rental payments.

Beck was the founder of Atlas Electric, the Banco Agro Industrial y de Exportaciones S.A. (Banex), the Coalición Costarricense de Iniciativas de Desarrollo (Cinde) and the Centro de Formación en Tecnologías de Información (Cenfotec), to name some of his activities.

Donald Formal Arias, is another businessman linked to the Escobar and Raventos. Formal is known for Mall San Pedro and Outlet Mall (also in San Pedro) and also rents space to the government.

- Advertisement -

FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Nacion makes deal to have the train reach Parque Viva

The Grupo Nacion and the government inked an agreement that would...

Álvarez Desanti Unintentionally Picks A Fight With Lady Gaga

Presidential candidate Antonio Alvarez Desanti unintentionally charged a Lady Gaga fan...

MOST READ

Today’s Vehicle Restriction: June 13, “EVENS”

Today, Sunday, June 13, only EVENS can circulate. The measure is countrywide and applied between 5:00 am and 9:00 pm, save for those under the...

The US improves travel alerts for Central America; Not Costa Rica and Nicaragua

QCOSTARICA - The United States has eased travel advisories for most Central American countries, with the exception of Costa Rica and Nicaragua, according to...

Costa Rica passes law to attract foreign pensioners and rentiers with $150K capital

QCOSTARICA - Costa Rica's legislature approved, in the first debate, a bill that reduces the minimum amount that a foreign pensioner or rentier must...

Direct flight will connect Guanacaste with Austin starting in November

QCOSTARICA - American Airlines announced that starting November 2, 2021, it will offer a direct flight between Austin, Texas and the Daniel Oduber International...

Central America is back in the news for the wrong reasons, Costa Rica is once again the exception

QCOSTARICA - Osta Rica has been the epicenter of regional diplomacy in recent days. The successive visits of the Secretary of State of the...

Today’s Vehicle Restriction June 14: 1 & 2 CANNOT circulate

Today, Monday, June 14, vehicles with plates ending 1 & 2 CANNOT circulate The measure is countrywide and applied between 5:00 am and 9:00 pm,...

The US sanctions Nicaraguan Daniel Ortega’s daughter and close associates

TODAY NICARAGUA – The United States imposed economic sanctions on four Nicaraguan officials close to President Daniel Ortega on Wednesday, June 9, 2021, including...

Europe opens the doors to tourism, these are the requirements

Q TRAVEL - Europe opened the doors to tourism. While worldwide vaccination against covid-19 advances above the levels of each country, the restrictions are...

Carlos Alvarado describes calls reprehensible the persecution of Ortega against opponents in Nicaragua

QCOSTARICA - The President of Costa Rica, Carlos Alvarado, described the persecution of Nicaragua President Daniel Ortega against opponents as reprehensible after the government...

WANT TO STAY UP TO DATE WITH THE LATEST!

Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.