Trump Tower Belgrade: Kushner scraps Serbia hotel plan DW 12/16/2025
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Trump Tower Belgrade: Kushner scraps Serbia hotel plan  DW  12/16/2025
"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 said. "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," Vucic told media in Belgrade."
""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," a spokesman for the firm told the newspaper. The project envisaged three high-rise towers, including a luxury Trump Tower Belgrade hotel, apartments, and a museum."
"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."
President Aleksandar Vucic said critics destroyed an investment of at least $750 million (about $880 million) tied to a planned hotel development linked to Jared Kushner, warning Serbia would be a major loser and the building will deteriorate. Serbia's organized crime prosecutor indicted Culture Minister Nikola Selakovic and three other officials for allegedly illegally removing the General Staff building's protected cultural-heritage status, a step required for construction. Affinity Partners, linked to Kushner, said it was withdrawing its application and stepping aside after weeks of protests and the indictment. The proposal included three high-rise towers, a Trump Tower Belgrade hotel, apartments, and a museum, and faced fierce opposition from parties, civic groups, and architects.
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