OTTAWA, Canada, March 8, 2013 Bonnefield Financial, Canada’s only national farmland investment manager, today announced financial results for Bonnefield Canadian Farmland LP I for the year ended December 31, 2012.
Highlights include:
- 20.24 per cent return for investors, inclusive of cash distributions
- cash distributions of 5.0 per cent per annum
- 37.06 per cent cumulative return since inception (April 2010)
Bonnefield Canadian Farmland LP I is 100 per cent Canadian owned. It currently holds a portfolio of more than 15,000 title acres of farmland located in Alberta, Saskatchewan, Manitoba and Ontario and generates a return for investors through a combination of lease income and capital gains. Bonnefield Canadian Farmland LP I is now closed to new investment and completed its farmland acquisition program in early 2012.
In January 2013, Bonnefield announced the closing of its second farmland partnership, Bonnefield Canadian Farmland LP II, which is currently deploying capital and providing land lease financing to farmers across Canada.
For more information:
Bonnefield Canadian Farmland LP I fact sheet