Affinity Global Development launch Belgrade residential project pre-sales in summer

U.S. investment company Affinity Global Development of Jared Kushner, son-in-law of U.S. president Donald Trump, plans to launch pre-sales of its luxury Trump Tower Belgrade residential complex in the Serbian capital in the summer of 2025, according to the project's website.

The complex will be developed on the site of the former building of the Yugoslav Ministry of Defence, which was damaged during the 1999 NATO bombing campaign, under a 99-year leasehold agreement signed with Serbian officials in May 2024.

In the implementation of the project Affinity Global Development is partnering with the Trump Organization conglomerate owned by Donald Trump, and with real estate investment firm Eagle Hills of Emirati businessman Mohamed Ali Alabbar.

Kushner plans to invest USD 500 million in his project in Belgrade.