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

The GuardianThursday, November 13, 2025 at 7:09:38 PM
Serbia secretly agreed deal with Jared Kushner firm to develop protected Belgrade site

Government established joint venture with Trump’s son-in-law in February 2024 to build hotel, apartments and museum complex

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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