Tuesday, December 16, 2025

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.

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Serbian President Aleksandar Vucic on Tuesday blamed critics for derailing a hotel development plan linked to Donald Trump's son-in-law Jared Kushner.

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"The nationalist populist Serbian president railed against critics of the project for destroying an investment of "at least 750 million" ($880 million).

"As a state and as a nation, we are major losers," Vucic told media in Belgrade.

"We will now be left with a destroyed building, and it is only a matter of time before bricks and other parts start falling off it, because no one will ever touch it again."

Serbia's organized crime prosecutor this week published an indictment against Culture Minister Nikola Selakovic and three other officials for allegedly committing illegal acts by removing the General Staff building's status as a "cultural asset," which was required for construction to proceed.

The complex had been granted protected cultural heritage status in 2005."

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Gee... we could use an independent organized crime prosecutor. But this just frees up money for the Trump Gaza Riviera Casino and Hotel.

#1 | Posted by Corky at 2025-12-16 07:23 PM

"The nationalist populist Serbian president railed against critics of the project for destroying an investment of "at least 750 million" ($880 million).

"As a state and as a nation, we are major losers," Vucic told media in Belgrade.

"We will now be left with a destroyed building, and it is only a matter of time before bricks and other parts start falling off it, because no one will ever touch it again."

Serbia's organized crime prosecutor this week published an indictment against Culture Minister Nikola Selakovic and three other officials for allegedly committing illegal acts by removing the General Staff building's status as a "cultural asset," which was required for construction to proceed.

The complex had been granted protected cultural heritage status in 2005."

;;

Gee... we could use an independent organized crime prosecutor. But this just frees up money for the Trump Gaza Riviera Casino and Hotel.

#2 | Posted by Corky at 2025-12-16 07:23 PM

Another view ...

Serbian president threatens reprisals after plans for Belgrade Trump Tower thwarted
www.theguardian.com

... "We have lost an exceptional investment," Aleksandar Vucic, Serbia's embattled president, said on Tuesday. "I will personally ensure that everyone who participated in causing this damage is held accountable."

Vucic, whose cosiness with Russia's Vladimir Putin has left him few western allies, had personally courted the Trumps. But thousands of demonstrators have staged protests at the site of the proposed hotel and apartment building, a historically resonant spot long off-limits to developers.

A spokesperson for Affinity Partners, an investment company run by Trump's son-in-law and diplomatic envoy, Jared Kushner, which was developing the buildings alongside the Trump Organization, said: "Because meaningful projects should unite rather than divide, and out of respect for the people of Serbia and the City of Belgrade, we are withdrawing our application and stepping aside at this time."

Since Donald Trump won back the White House 13 months ago, his sons have struck a spree of deals from the Gulf to Vietnam that have helped to swell the family's income to an estimated $864m in the first half of this year alone. The president's financial disclosures show that, while Donald Trump Jr and Eric are formally in charge of the Trump Organization, profits still flow to their father. ...

[emphasis mine]


#3 | Posted by LampLighter at 2025-12-16 07:41 PM

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