Looking to broaden their hospitality offering into South Africa, WINK Aparthotels, part of Flyt Property Investment group, a property development and investment team, has been acquired by Afrirent Holdings (Pty) Ltd a Level-1BEE 100% black, female- owned company, via its subsidiary  Indalo Hotels and Leisure, effective 1 May 2021.

Cape-based Flyt Property Investment has made available a further R50million to investors wanting to make the most of the Section 12J tax incentive before the upcoming tax year end (28 February).

Cape-based Flyt Property Investment has announced the official launch of Quivertree, a trendy new property offering in the university town of Stellenbosch, featuring 102 self-catering, fully-furnished apartments for long- and short-term rentals or for purchase, geared not only for the student market also but for young professionals, transient  workers and business travellers.

Investment into Section 12J venture capital vehicles has seen a huge uptake over the last 24 months as investors have realised the extraordinary tax incentive offered by SARS.

Investment into Section 12J venture capital vehicles has seen a huge uptake over the last 24 months as investors have realised the extraordinary tax incentive offered by SARS.

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