US EditionSerbia Halts Hotel Project at Former Yugoslav Army Site After Kushner Firm Withdraws
The $880 million hotel project was halted after allegations of forged documents led to indictments and widespread protests against removing the site's protected cultural-heritage status.
- On Tuesday, Serbian President Aleksandar Vucic confirmed the planned hotel development of the former Yugoslav army headquarters would not proceed after Affinity Partners, investment firm linked to Jared Kushner, withdrew on Monday.
- An indictment alleges Serbian Culture Minister Nikola Selakovic and three other indicted officials illegally removed the General Staff building’s cultural-heritage status, while opposition parties, civic groups, Serbia’s architects’ association and protesters in Belgrade opposed the plan.
- The plan envisaged three high-rise towers including a luxury Trump Tower Belgrade hotel, apartments and a museum at the bombed-out former Yugoslav army headquarters.
- The Serbian President blamed critics, saying 'As a state and as a nation, we are major losers', after the project was halted with a '750 million euros' investment destroyed.
- The Kushner-linked firm's participation and the proposed Trump-branded development made the proposal unusually high-profile and politically charged.
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Affinity Global Development, a company associated with US President Donald Trump's son-in-law Jared Kushner, announced on Tuesday that it is ending its project in the Serbian capital Belgrade. It was to build a luxury hotel, apartment and office complex on the site of the former Yugoslav General Staff building destroyed during a NATO bombing in 1999. Serbian President Aleksandar Vučić, who had hoped the project would improve relations with the U…
Donald Trump's geniuses, Jared Kushner, gave up plans to build a hotel and a residential complex under Trump in a sensitive area in the center of Belgrade, after facing generalised resistance. Kushner and the associations...
Trump Tower Belgrade: Kushner scraps Serbia hotel plan
An investment firm linked to Jared Kushner has abandoned a planned redevelopment in Belgrade. The decision follows protests, legal action, and growing anger over the removal of heritage status for the former army site.
Controversial project in the Serbian capital halted, President Vučić accuses the opposition and the prosecutor's office.
Serbia halts hotel project at former Yugoslav army site after Kushner firm withdraws
Serbian President Aleksandar Vucic confirmed that plans to redevelop the former Yugoslav army headquarters into a luxury hotel have been abandoned after Jared Kushner’s investment firm, Affinity Partners, withdrew from the project.
Serbian President Aleksandar Vucic confirmed on Tuesday that plans to build a hotel at the former Yugoslav army headquarters will not go ahead because an investment company linked to Donald Trump's son-in-law has pulled out of the project.
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