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Luxury Development Plan on Former Yugoslav Army Headquarters Site

Sector: Hotel • Location: Belgrade, Serbia

Source: Global Banking

Project
Cancelled

A project to build a hotel, apartments, shops, and offices on the site of the former Yugoslav army headquarters in Belgrade, Serbia. The project involved a 99-year lease signed with the Serbian government but faced opposition due to protests and a corruption scandal. Jared Kushner's U.S.-based Affinity Global Development withdrew from the project, which is expected to deprive Serbia of much-needed

Status
Closed
Sector
Hotel, Government
Location
Belgrade, Serbia
Updated
22 Jul 2026
Source
Global Banking

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The project “Luxury Development Plan on Former Yugoslav Army Headquarters Site” is an infrastructure initiative in the Hotel sector, located in Belgrade, Serbia. Taiyo aggregates data on it from Global Banking.

Participants

Sponsoring Agency

Status

Original status

cancelled

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

A project to build a hotel, apartments, shops, and offices on the site of the former Yugoslav army headquarters in Belgrade, Serbia. The project involved a 99-year lease signed with the Serbian government but faced opposition due to protests and a corruption scandal. Jared Kushner's U.S.-based Affinity Global Development withdrew from the project, which is expected to deprive Serbia of much-needed foreign investment.

Original sector

Built Sector

Location

Country

Serbia

City

Belgrade

Source

Source

Global Banking

URL

More Details

Record type

Project

Sector

Hotel, Government

Article published date

2025-12-26

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