Jared Kushner has given up on building a Trump-branded hotel in Europe after the project sparked a major backlash and led to the indictment of a senior politician, according to news reports. President Donald Trump’s son-in-law had been working for more than two years to gain permission to tear down the protected building in central Belgrade,

Jared Kushner's private equity firm, Affinity Partners, has withdrawn from a $500 million luxury hotel project in Belgrade, Serbia.

"We will now be left with a destroyed building, and it is only a matter of time before bricks and other parts start falling off it, because no one will ever touch it again," he said.