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We are experts in the
full property development
life cycle

 

We buy, develop and add value to property through joint venture- and independent projects. We maximise return by completing rigorous project evaluations up front, by co-investing in work we believe in, and by closely managing our business. We are always open to opportunities to work on new projects.

Our Strengths

Site procurement and development conceptualisation

Project viability and due diligence studies

Arranging project funding

Deal structuring

Development Management, including

  • Land use changes
  • Appointment and management of professional teams
  • Financial feasibility studies
  • Project cost management
  • Development marketing and sales

 

What we stand for
Ask the right questions
We apply ourselves intelligently to every project, allocating our resources for maximum economy of energy.
Play it close
We work in Cape Town and surrounds, areas we understand well and where we can be close to all our projects.
No Restrictions
We do not define ourselves in terms of scale or value and are not constrained by corporates or a board.
Form Connections
Partnering with the people and businesses based in the buildings we develop and invest in.
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WHAT IS SECTION 12

Section 12J of the Income Tax Act – the most efficient tax saving tool, provided by SARS and government that allows you to hold on to your tax cash while investing it wisely.

The section specifically aims to help the growth of small and medium sized businesses by increasing their access to equity finance. To attract investors into this typically under-funded sector, which is imperative for driving economic growth, SARS has written Section 12J into the Tax Act, which offers taxpayers a 100% tax deduction in the year of investment if they invest in SMMEs by way of subscription of shares in a Section 12J Venture Capital Company.

Flyt’s Section 12J compliant property developments give investors the full 12J tax deduction, allowing them to put this saving/refund towards their property purchase. This means that SARS will effectively fund up to 45% of the purchase price of the property.