More than 10 years later, Donald J. Trump’s idea of developing a Trump hotel on a Serbian government -owned site, his family is currently ensuring that dreams with complicated transactions, including Abu Dhabi’s real estate. Jared Kushner, Trump’s son -in -law, is approaching.
This plan shows the continuous ambition of Trump’s family to build a new international trading, even if he returns to the White House. It also reflects the decreased focus compared to his first term focus by avoiding conflicts of conflicts in overseas projects.
Trump brand luxury hotels will be bombed in 1999 by NATO and will be launched at the former Begrad’s former Yugoslavian Ministry of Defense. Mr. Trump’s first proposal in 2013 was that Kushner began pursuing after leaving Trump’s first term as an assistant to White House during his first term.
Kushner has concluded a partnership with Mohamed Alabbar, the developer of Burj Khalifa Hotel in Dubai, the highest structure in the world. They plan to lease their property from the Serbian government and build a new hotel on the Begrad site, according to the proposal of the agreement.
This is the first large real estate project between Trump and Kushner family. They have been doing business in New York for a long time, but previously pursued separate projects.
A hotel contract in Serbia is one of the new Trump brands, which was recently announced, and other projects have been revealed in Saudi Arabia, the United Arab Emirates, Vietnam.
“Serbia is one of the fastest nations in Europe, and we are very honored to be there,” said Eric Trump, the president’s son, Eric Trump. Confirmed New Deal and added that it would be fun. To connect the family. “
The contract with Serbia is because the nation is seeking support from the United States for long -term bidding to participate in the European Union. The United States has also urged Serbia to strengthen his relationship between Europe and the western part, in contrast to Russia, who had been economically connected for a long time.
In May, Serbia approved a plan to lease the former Ministry of Defense to a company affiliated with Kushner in order to build 175 hotels, retail spaces, and more than 1,500 housing units in three separate ties. 。 Approved plans include 1999 wreaths and commemorative facilities for those injured or killed during the NATO bombing.
The Trump family announced a ethics plan last month, including the provisions of not formed a new transaction with foreign governments, even if they were working on a new international project.
In an interview on Friday, Eric Trump said that the Trump Hotel did not violate the provisions because it was contracted with a developing company that constructed a hotel, not the property owned by the property.
However, this proposal brought an immediate criticism from an ethics. He was called another example of the lack of Trump family at the beginning of Trump’s second white house.
Last week, the family started a cryptocurrency venture, whether the family was appointed chairman of the Crying Currency Committee or the new chairman of the Cryptocurrency Committee.
Defuck Gupta, a washington -based constitutional lawyer, states: “And in this case, they seem to violate their own voluntary restrictions on foreign business transactions.”
Mr. Gupta has been working on two lawsuits raised during the first term of Trump and arguing that it violates what is known as the constitution of the constitution, and prohibits payment to US authorities. I am doing it.
In a statement to the New York Times on Friday, Mr. Kushner stated that “our research has shown that Trump brands are the best for this market,” and his partner was together. He said he wanted to build a project with par. Along with the old Trump International Hotel in Washington, the Trumps were operated in an old post office building until the Trump sold it in 2022.
The new project will be built through a partnership between Kushner’s private equity company, Afinity Partner, and Asher Avescella, a real estate developer who cooperated with Kushner in Deal in Brooklyn.
Another partner of the Serbian project is Eagle Hills, led by Alabal. He has built a $ 4 billion hotel and a housing project on the Waterfront in Beograd.
“This development emphasizes our commitment to enhance the status of Begrad as the best European city,” said Alabar.
Most of the capital of Kushner comes from western western squirrels, such as Saudi Arabia, Abu Dhabi, and Qatar. The end of the first Trump administration.
For President Trump, the Serbian agreement is a culmination of a plan to be pregnant in 2013, two years before he runs into the President. At that time, Mr. Trump said to the Serbian government’s highest staff to build a luxury hotel in a ministry.
The Trump Organization fellow traveled to Begrad at the time to inspect the location. The project was not gathered before Mr. Trump’s election in 2016, but revived last year by Kushner and Richard Grenel. partner.
Grenel, who helped negotiations in transactions, has recently been nominated as a special mission in the new Trump administration.
“This project has become feasible thanks to the amazing growth and vitality of Beograd,” said Kushner, saying that in a statement on Friday, this idea was proposed by his father -in -law. I mentioned.
