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Serbia Leases Historic Defense Ministry to U.S. Developer

6/13/2025

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Summary

Story summary

In a bold move, the Serbian government intends to lease the historically significant Defence Ministry complex in Belgrade to a U.S. developer for 99 years. This decision, made by President Aleksandar Vucic, seeks to strengthen ties with the U.S., yet raises eyebrows over the absence of competitive bidding and the site's troubled past from NATO's 1999 bombing.

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Story summary

In a bold move, the Serbian government intends to lease the historically significant Defence Ministry complex in Belgrade to a U.S. developer for 99 years. This decision, made by President Aleksandar Vucic, seeks to strengthen ties with the U.S., yet raises eyebrows over the absence of competitive bidding and the site's troubled past from NATO's 1999 bombing.