OTTAWA, Canada, January 13, 2011 — Bonnefield today announced another round of financing of its Bonnefield Canadian Farmland LP I which took place on December 1, 2010. The Fund offers lease financing to successful, growth-oriented Canadian farm operators while at the same time provides long-term capital appreciation and net leasing income to investors.
Since its initial closing on April 8, 2010, the Fund has acquired and leased farmland to Canadian farmers in Saskatchewan, Manitoba and Ontario. Its portfolio is diversified across Canada and across different crops and farm types.
“Farmland has been an attractive investment for the last 50 years and we believe it will produce even better returns over the next 20 plus years,” said Tom Eisenhauer, President of Bonnefield Financial.
Canadian farmland is an attractive investment opportunity in a world facing increasing demand for food and challenges growing food supplies. Canada’s water resources, quality soils and favourable climate, combined with the sophistication of our farm operators, make Canada an ideal country in which to invest in farmland.