Why Lease Your Building When You Can Own the Upside?
Turn your commercial property into a revenue-generating managed office with our zero-investment JV model. Innovspace operates; you earn rent, profit share, and keep all assets.
Traditional Leasing Leaves Money on the Table
With a standard lease, you get fixed rent and hand over the space. When the tenant leaves, they often strip fitouts or leave you with a generic shell. You bear vacancy risk and see no upside from the business that operated in your building.
Competitors who offer managed offices often invest heavily in fitouts themselves, then charge tenants premium rates. You could partner with them, but then you are still just a landlord — and the fitout assets may not stay with you at exit.
Our JV model is different: Innovspace is the operator. We handle sales, clients, operations, and facility management. You provide the property and, if you choose, fund the fitout — or we bring third-party investors who fund it. You earn rent plus profit share, and all fitout assets (typically ₹3Cr+) remain yours. Innovspace does not invest in fitouts; we operate.
How the JV Works
Building Owner
Provides property; optionally funds fitout.
- ✓ Earns rent + profit share
- ✓ Keeps all assets at exit (₹3Cr+)
- ✓ Zero fitout investment required if investor funds
Innovspace (Operator)
Sales, operations, facility management.
- ✓ Does NOT invest in fitout
- ✓ Arranges fitout investors if owner does not fund
- ✓ Runs the managed office day-to-day
Fitout Investor (if needed)
Funds fitout when owner does not.
- ✓ Earns revenue share until capital recovery
- ✓ Assets transfer to owner at exit
- ✓ Innovspace sources and manages relationship
Lease vs JV: What You Gain
| Traditional Lease | Innovspace JV | |
|---|---|---|
| Monthly rent | Fixed | Rent + profit share |
| Profit share | None | Yes |
| Fitout investment | Often tenant | Optional — you or our investors |
| Assets at exit | Often stripped | ₹3Cr+ stay with you |
| Effective returns | ₹45–55/sqft | ₹65–80/sqft potential |
| Control | Limited | Full ownership retained |
| Tenant quality | Variable | Enterprise (50+ seats) |
| Risk | Vacancy, fitout loss | Shared; operator runs ops |
The JV model aligns our success with yours. We only earn when the building performs. Innovspace operates and arranges capital; we do not invest in fitouts.
How It Works
- Assessment — We evaluate your property (location, size, readiness).
- JV Structuring — We agree on rent, profit share, and term.
- Fitout Capital — You fund the fitout, or we bring third-party investors who fund it. Innovspace does not invest in fitout.
- Operations Launch — Innovspace handles sales, clients, and facility management.
- Earn & Grow — You earn rent and profit share; assets remain yours.
Why Owners Choose Innovspace
Higher Returns
Rent plus profit share vs fixed rent only.
Zero Fitout Investment Required
We can arrange investors to fund fitout.
₹3Cr Assets Stay
All fitout assets remain with you at exit.
Enterprise Tenants
50+ seat teams; no hot desks or day pass.
Local Partner
Coimbatore HQ; we operate, we don't just advise.
Full Ownership Retained
You keep the building and the upside.
Target Properties
5,000 – 25,000 sqft | IT corridor locations | Commercial buildings | Ready or under construction