Real estate development

Albania Protests Kushner Project for Fourth Day

For a fourth consecutive day, thousands of Albanians protested in Tirana against a coastal tourism complex allegedly linked to Jared Kushner and Ivanka Trump. Demonstrators claim the $1.2 billion project, slated for the protected Vjosa-Narta area and former military base Sazan, will damage the environment and expressed anger over changes to conservation laws. Protests intensified after footage of construction work and an alleged assault near the protected zone, with calls for the Prime Minister’s resignation and the repeal of the Strategic Investor Act. The special prosecutor’s office has opened an investigation into the project.

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Australia Scraps Trump Tower Plans as Brand Becomes Toxic

Plans for Australia’s first Trump Tower have been abandoned just three months after their announcement, with the local developer citing the Trump brand as having become “toxic” in Australia due to global events. The proposed 91-story luxury hotel and residential tower faced significant backlash and garnered over 140,000 petition signatures in opposition. While the developer believes the brand is unpopular, the Trump Organization disputes this, stating the developer failed to meet financial obligations. Notably, no development application was ever submitted to the local council for the project.

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