Serbian Parliament To Fast-Track Jared Kushner Property Development

RFE
03 Nov 2025, 22:02 GMT+10

The Serbian Parliament is set to approve a special law to fast-track a planned property development in Belgrade byJared Kushner, the son-in-law of US President Donald Trump, overriding local concerns about the project.

Legislators will gather on November 4 to discuss the proposals, backed by the ruling Serbian Progressive Party (SNS) of President Aleksandar Vucic -- who has spoken enthusiastically of the plan, saying it will result in a "magnificent hotel."

Kushner, who is married to Trump's elder daughter, Ivanka, and served as a White House adviser during Trump's first term in office, last year announced a $500-million hotel complex in Belgrade.

The development centered on a pair of jagged unoccupied modernist brick structures in the center of Belgrade, the former General Staff headquarters for the Yugoslav Army.

The site was bombed by NATO jets in the spring of 1999 as part of a campaign to stop Serbian forces from attacking parts of Kosovo, which was still part of the country.

Despite being bombed out, the buildings retained their protected status due to what activists said was their architectural significance.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Breaking Property News.

More Information

Business

Section

Shutdown threatens food aid for 42 million, retailers brace for pain

WASHINGTON, D.C.: U.S. supermarkets and food companies are bracing for a sharp downturn in sales next month as the Supplemental Nutrition...

Crypto jitters snap Bitcoin’s 7-year winning run in October

WASHINGTON, D.C.: Bitcoin is closing October in the red for the first time in seven years, breaking a streak that earned the month...

Asia-Pacific summit ends with joint trade declaration

GYEONGJU, South Korea: Facing growing tensions in global trade, Asia-Pacific leaders ended the APEC summit on November 1 with a joint...

Missouri lender Central Bancompany plans $426M Nasdaq listing

JEFFERSON CITY, Missouri: In a rare move for a U.S. lender, Central Bancompany has filed to go public, targeting a valuation of up...

Trump’s penny halt leaves retailers rounding down at checkout

NEW YORK CITY, New York: Across the United States, cash drawers are running low. Banks, retailers, and consumers are feeling the fallout...

UK regulator unveils plan to tackle soaring household energy debt

LONDON, U.K.: Britain's energy regulator Ofgem said it will roll out new measures to tackle £4.4 billion (US$6 billion) in unpaid consumer...

Construction

Section