Centuria Capital Group Raises AU$300 Million to Fuel ResetData AI Factory Expansion
June 22, 2026
Centuria Capital Group Raises AU$300 Million to Fuel ResetData AI Factory Expansion
Australia's Centuria Capital Group (CCG) has launched a AU$300 million (US$210.15 million) equity raise to accelerate growth across its AI cloud business, ResetData, and its broader real estate platform. The move underscores the surging demand for sovereign AI infrastructure in Australia and positions CCG to capitalize on the nation’s growing role as a hub for AI capacity.
In a filing with the Australian Securities Exchange (ASX) on June 22, CCG detailed a fully underwritten equity raise structured in two parts: an institutional placement of AU$200 million (US$140.1 million) and a one-for-17 accelerated non-renounceable pro rata entitlement offer to raise an additional AU$100 million (US$70.05 million). The company stated that the proceeds will be used to "accelerate growth" across both ResetData, an Australian cloud provider in which CCG holds a substantial stake, and Centuria’s real estate equity and credit funds management platform.
CCG first invested in ResetData in the summer of 2024, and the two entities announced a joint venture in February 2025 to launch what they described as Australia’s first public AI Factory (AI-F1) and AI marketplace. Powered by Nvidia H200 GPUs, the facility was set to launch in the second quarter of 2025 and is located at Centuria's 818 Bourke Street data center in Melbourne. CCG noted that since the completion of its first AI-F1, customer demand for AI capacity has surged, prompting the need for additional capital.
The funding allocated to ResetData will support the "acceleration of establishment of existing and pipeline AI Factories," according to the filing, and will also help progress customer onboarding and inquiries across existing and potential Centuria or third-party power pipelines. The company outlined plans to establish a pipeline for the potential near-term deployment of more than 10,000 GPUs, with opportunities to expand into Centuria’s broader portfolio over time. Beyond ResetData, the capital will also support existing and potential real estate transactions and help "unlock Centuria’s potential pathway to 200MW+ of power across existing assets with future AI Factory optionality."
CCG’s industrial REIT, CIP, also lists a data center project in Clayton, Victoria, which is part of the Telstra Data Complex and was acquired in late 2025. Centuria’s joint CEOs, John McBain and Jason Huljich, emphasized the strategic importance of the partnership. "The Centuria and ResetData combination has created a differentiated Nvidia neocloud partner with scalable sovereign AI Factories and access to Centuria’s real estate, land, and potential 200MW+ power pipeline," they said. They noted that ResetData is one of only three Australian Nvidia Cloud Partners and is uniquely positioned to capitalize on rising international demand for Australian-based AI Factory capacity. "It is worth noting that comparable neocloud platforms in Australia have experienced rapid re-ratings as contracts and scale have emerged, and we have this firmly in mind as we respond to increased AI demand and build out our capability in this area," they added.
This latest capital raise reflects a broader trend in the data center and cloud infrastructure sector, where demand for AI-ready computing power is driving significant investment. With the establishment of its first AI Factory and a clear pipeline for expansion, Centuria Capital Group is positioning itself as a key player in Australia’s sovereign AI ecosystem, leveraging both its real estate assets and its partnership with Nvidia to meet growing customer needs.
Source: datacenterdynamics
