Serbia fast-tracks deal with Jared Kushner firm to develop protected Belgrade site

Belgrade establishes joint venture with Donald Trump’s son-in-law 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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from The Guardian https://ift.tt/G3Ylq9h

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