Story perspectives

Kushner's €750M Belgrade Project Abandoned Amid Protests

12/23/2025

Summary

Story summary

Affinity Global Development, Jared Kushner’s investment firm, withdrew from a €750 million Belgrade redevelopment after protests and legal challenges.
Serbian President Aleksandar Vucic criticized critics for derailing the plan to convert a former army headquarters into a hotel and apartments.
The project faced opposition due to the site’s NATO bombing-damaged history from 1999, and Serbian prosecutors indicted officials for illegally removing the site’s cultural heritage status.

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Story summary

Affinity Global Development, Jared Kushner’s investment firm, withdrew from a €750 million Belgrade redevelopment after protests and legal challenges.
Serbian President Aleksandar Vucic criticized critics for derailing the plan to convert a former army headquarters into a hotel and apartments.
The project faced opposition due to the site’s NATO bombing-damaged history from 1999, and Serbian prosecutors indicted officials for illegally removing the site’s cultural heritage status.