Ismaili Imamat acquires Henrique Mendonça Palace in Lisbon

The Palace Henrique Mendonça / Casa Ventura Terra, in Lisbon, will be sold by the State to the Aga Khan Foundation for 12 million euros, according to a resolution of the Council of Ministers published Monday in the Official Gazette.

Currently occupied by Nova School of Business and Economics, the Henry Mendonca Palace / Casa Ventura Terra, in Lisbon, will be sold by the State to the Aga Khan Foundation for 12 million euros. The Ismailis are committed to invest another six million euros in the rehabilitation and adaptation of the building and employ Portuguese architects for these jobs.

According to the resolution of the Council of Ministers, published in the Official Gazette in paragraphs 18 to 28, the fitting sale, closed two weeks ago, will now be the headquarters of the Aga Khan Foundation in Portugal – and the world’s first seat of this branch of Shiite Islam.

Translated from Portuguese via Google Translate – May 9, 2016

Sources

 

Related

His Highness the Aga Khan acquires Henrique Mendonça Palace as the new Seat of the Ismaili Imamat in Portugal His Highness the Aga Khan acquires Henrique Mendonça Palace as the new Seat of the Ismaili Imamat in Portugal

Author: ismailimail

Independent, civil society media featuring Ismaili Muslim community, inter and intra faith endeavors, achievements and humanitarian works.

One thought

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.