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The Guardian - UK
The Guardian - UK
World
Julian Borger Senior international correspondent

Serbia secretly agreed deal with Jared Kushner firm to develop protected Belgrade site

Jared Kushner Belgrade Donald Trump United States Serbia NATO Radar N1 NIS
protesters in Serbia
The plan to develop the former headquarters of the Serbian armed forces provoked protests in the capital. Photograph: Andrej Isaković/AFP/Getty Images

The Serbian government has established a joint venture with a property development company owned by Donald Trump’s son-in-law, Jared Kushner, to develop a hotel complex in Belgrade, giving Serbia until next May to demolish the existing buildings, according to leaked documents.

An independent Serbian news magazine, Radar, published what appears to be a 2024 investment agreement giving Kushner’s firm Atlantic Incubation Partners LLC a 77.5% stake in the joint venture, and the Serbian government a 22.5% stake.

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