This past week the Serbian authorities and Jared Kushner's Affinity Partners signed a 99-year lease deal allowing Affinity to overhaul two buildings in Belgrade which had been the headquarters of the former Yugoslav People's Army.
The deals were first reported earlier this year but the contract was just signed.
Here's my story from April on the most recent annual filing by Kushner's firm
Jared Kushner’s Affinity Partners investment firm filed a disclosure with minor updates and $50 million less in assets under management than the prior year.
NEW: Jared Kushner's Affinity Partners filed a new investment advisor public disclosure form with some minor updates and showing $50 million less in regulatory assets under management than last year.
Affinity Partners aka A Fin Management still has approx $3 billion under management ($50 mil less than last year)
Approx 99% is attributable to clients who are non-US persons
My latest with an overview of investments made to-date:
#Trump’s son-in-law said he was close to finalizing real estate projects in the two #Balkan nations, an example of the Trump family’s pursuit of deals abroad as the former president seeks the White House.
These first 2 projects both involve land now controlled by the govts, meaning a deal would have to be finalized w/ #ForeignGovernments.
A 3rd project, also in #Albania, would be built on the Zvërnec peninsula, a 1k-acre coastal area in the south….
#Kushner’s participation would be through his investment firm, #AffinityPartners, which has $2B in funding from #SaudiArabia’s Public Investment Fund, among other foreign investors.
NEW: Overview of three investments made by Jared Kushner’s multi-billion-dollar Saudi-backed Affinity Partners and new reporting on how the for-profit firm links to the nonprofit Abraham Accords Peace Institute that was founded by Kushner, my latest