Partnership · Real Estate & PropTech
Vertex Workspace partners with Alt DRX for fractional investment
By Startup Enthusiast ·
- Date
- Company
- Vertex Workspace
- What it does
- Commercial real estate developer
- Kind
- Partnership
- Based in
- Mangaluru
- Sector
- Real Estate & PropTech
What they do
Vertex Workspace develops and operates commercial infrastructure for next-generation companies in Mangaluru
What happened
The company partnered with Alt DRX to allow retail investors to buy fractional shares of the Vertex Ashoka Business Centre
Why it matters
This model lowers entry barriers by allowing investments starting at one square foot, whereas traditional commercial real estate requires significant capital
The details
- Vertex Workspace and Alt DRX have formed a partnership to offer retail investors access to commercial real estate in Mangaluru.
- The Vertex Ashoka Business Centre is listed on Alt DRX for fractional investment.
- Investors can purchase units starting from one square foot at a price of approximately ₹16,000 per square foot.
- Participants receive a proportionate share of the rental income generated by the property.
- Investors have the option to sell or transfer their units subject to specific platform terms.
- The partnership was officially announced at the Mangalore Capital Forum 2026 on August 28, 2026.
- Prospective investors are encouraged to visit the property to experience the asset before committing to an investment.
The bigger picture
- Traditional commercial real estate investments typically require capital outlays in the range of lakhs or crores of rupees.
About the business
- Vertex Workspace develops and manages commercial infrastructure for next-generation companies.
- The company focuses its operations primarily within the Mangaluru region.
What happens next
- The companies plan to use Vertex Ashoka as the starting point for this fractional investment model.
The deal
- Type
- partnership
Founders
- Anand Narayanan, Co-Founder of Alt DRX
- Gurudatta Shenoy, Managing Partner of Mukund Realty
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