The Fort Worth Press - Timeline of Trump-linked resort project in Albania

USD -
AED 3.672498
AFN 64.999835
ALL 81.982977
AMD 362.192117
ANG 1.790365
AOA 918.000318
ARS 1517.537496
AUD 1.440185
AWG 1.8
AZN 1.700361
BAM 1.749507
BBD 2.015019
BDT 123.35519
BGN 1.683441
BHD 0.377671
BIF 3000.791659
BMD 1
BND 1.282667
BOB 11.949925
BRL 5.0149
BSD 1.000443
BTN 96.773876
BWP 13.820371
BYN 3.062335
BYR 19600
BZD 2.012049
CAD 1.426025
CDF 2314.999714
CHF 0.833601
CLF 0.024796
CLP 979.109831
CNY 6.70455
CNH 6.704375
COP 3246.37
CRC 455.852689
CUC 1
CUP 24.010877
CVE 98.634512
CZK 21.8124
DJF 178.154673
DKK 6.68107
DOP 60.532601
DZD 134.561013
EGP 52.397798
ERN 15
ETB 163.413408
EUR 0.89393
FJD 2.253796
FKP 0.756809
GBP 0.757175
GEL 2.59503
GGP 0.756809
GHS 11.810379
GIP 0.756809
GMD 73.999555
GNF 8801.205816
GTQ 7.648201
GYD 209.311167
HKD 7.84761
HNL 26.853682
HRK 6.7412
HTG 131.003976
HUF 327.255503
IDR 17948
ILS 3.076899
IMP 0.756809
INR 96.8306
IQD 1515.68552
IRR 1732150.000211
ISK 122.460032
JEP 0.756809
JMD 158.929793
JOD 0.709015
JPY 158.276964
KES 129.930251
KGS 87.450109
KHR 4071.865929
KMF 440.000284
KPW 900.000318
KRW 1343.629763
KWD 0.31086
KYD 0.833695
KZT 450.986443
LAK 22482.925804
LBP 89588.832782
LKR 331.11789
LRD 171.077407
LSL 16.697677
LTL 2.95274
LVL 0.60489
LYD 6.431616
MAD 9.969542
MDL 17.893131
MGA 4467.244826
MKD 55.084935
MMK 2099.765857
MNT 3595.748979
MOP 8.086572
MRU 39.937025
MUR 47.520299
MVR 15.41036
MWK 1734.762793
MXN 18.012039
MYR 4.091984
MZN 63.909942
NAD 16.697677
NGN 1329.820367
NIO 36.818706
NOK 9.58006
NPR 154.837844
NZD 1.78924
OMR 0.384502
PAB 1.000434
PEN 3.441332
PGK 4.534334
PHP 63.060503
PKR 277.046363
PLN 3.91087
PYG 5758.066392
QAR 3.646805
RON 4.776797
RSD 104.919002
RUB 85.349196
RWF 1477.66154
SAR 3.752339
SBD 8.000512
SCR 13.81628
SDG 601.499968
SEK 10.006345
SGD 1.28196
SHP 0.756573
SLE 24.670253
SLL 20969.491881
SOS 571.783828
SRD 37.871009
STD 20697.981008
STN 21.915995
SVC 8.753796
SYP 13002.000254
SZL 16.692832
THB 33.680497
TJS 9.219037
TMT 3.51
TND 2.99182
TOP 2.40776
TRY 49.215601
TTD 6.795747
TWD 31.973027
TZS 2639.999597
UAH 44.936959
UGX 4096.93088
UYU 40.119329
UZS 11820.21889
VES 873.63875
VND 25899.5
VUV 120.100619
WST 2.770789
XAF 586.379836
XAG 0.016988
XAU 0.000242441287
XCD 2.70255
XCG 1.803007
XDR 0.707052
XOF 586.379836
XPF 106.681218
YER 236.20529
ZAR 16.64968
ZMK 9001.186468
ZMW 19.919225
ZWL 321.999592
SSP 5751.632701
MXV 2.035349
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Timeline of Trump-linked resort project in Albania
Timeline of Trump-linked resort project in Albania / Photo: © AFP/File

Timeline of Trump-linked resort project in Albania

Protests have swept Albania for more than two weeks over plans for a luxury hotel project linked to US President Donald Trump's son-in-law Jared Kushner.

Text size:

But in recent days, an investigation focusing on the acquisition of the land for the project and alleged money laundering has shaken the Balkan nation.

Albania's anti-corruption prosecutor launched a probe into how land in the protected coastal area of Zvernec changed hands, and why its value jumped from 5.5 million euros ($6.3 million) to 122 million in just a few months.

The investigation is looking into suspected drug trafficking and money laundering, involving an Albanian intermediary and companies linked to a businessman linked to Kushner.

Here is a timeline of the project's main developments:

- February 2024 : Law change -

Albanian lawmakers amend legislation on protected natural areas, allowing high-end tourism developments -- including five-star hotels -- in certain zones. The move is controversial but opens the door to major real estate projects.

- March-December 2024: Kushner unveils plans -

In March, Kushner posts on Instagram about his intention to present "initial sketches for development projects for the Albanian coast", including projects on Sazan Island and the nearby Zvernec coast.

In December, the Albanian government grants a "strategic investor" status to a company linked to Kushner, smoothing the project's path.

- May-November 2025: Land deals -

In May, Albanian firm Albania Land Development is set up to buy land and develop real estate projects, including hotels and residential properties.

In autumn, Qatar-based Sazan Real Estate Development is created to oversee the project.

On November 21, Albanian businessman Artur Shehu agrees to sell land in Zvernec to Albania Land Development for an estimated 5.5 million euros. Days later, the company comes under the control of another Qatar-based firm.

- April 2026: Price surge -

On April 26, the sale is finalised, but with a declared value of 122 million euros -- more than 22 times the initial price.

The sharp increase has drawn the attention of investigators, as they examine possible money laundering or influence peddling.

On April 29, the first building permit is issued for preparatory work on the site.

The company holding the permit comes under Qatari control a few days later.

- May 2026: Protests begin -

On May 30, locals and activists protest the installation of fences and barbed wire around the site, marking the start of a broader protest movement against the project.

The following day, Ivanka Trump, Kushner's wife and US President Donald Trump's daughter, publicly discusses the project on her podcast, praising the site's long stretch of coastline, white sandy beaches and views of Sazan Island.

- June 2026: Project structure -

Asked by AFP about tourism projects in Albania, a communications agency linked to Kushner's investment firm, Affinity Partners, refers questions to Sazan Real Estate Development, which "manages the project with the participation of various investors acting in an individual capacity".

The company, which was registered in Qatar in October 2025, fully owns Sazan Operations Holding.

According to email exchanges with Affinity Partners' communications team, it is led by Asher Abehsera, who has previously worked on real estate projects with Kushner in New York.

He did not immediately respond to AFP's requests for comment on Monday.

F.Garcia--TFWP