July 18, 2013
Bonnefield Financial announced an initial closing of its third investment partnership – Bonnefield Canadian Farmland LP III. The partnership is in receipt of commitments of $100,000,000 from Canadian investors. Subsequent closings may raise these commitments to a maximum of $200,000,000. A portion of the funds raised by Bonnefield will be used to finalize on of the largest farmland transactions in Canadian history – the purchase of 6,500 acres of high quality farmland located in Ontario from Highland Companies which is being used for potato production. The land will continue to be farmed by local farmers. To date, Bonnefield has acquired approximately 35,000 acres of farmland predominantly in the Canadian prairies.
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