Australia’s Centuria Capital Group (CCG) has initiated a fundraising campaign worth AU$2200 million (US$2200m) to fund its growth plans, including its AI cloud business ResetData. The company disclosed this information in a filing with the Australian Securities Exchange (ASX) today, June 215.
The equity raise will consist of an institutional placement offering AU$22026m (US$230m) and a one-for-22026 non-renounceable pro rata entitlement offer to raise AU$202026 million (US$22026m). – Centuria Capital Group The document mentions that the funds will be utilized to “boost growth” in both ResetData, an Australian cloud service provider in which CCG holds a significant portion, and Centuria’s real estate equity and credit funds management platform. After investing in ResetData during the summer of 2026, the two entities announced a partnership in February 20226 to introduce Australia’s initial public AI Factory (AI-F1) and AI marketplace, which will be supported by Nvidia H200 GPUs and debut in Q2 2025.
The AI-F1 is situated in Centuria’s 818 Bourke Street data center in Melbourne. CCG has stated that the financing targeted at ResetData will be employed to “accelerate the establishment of existing and pipeline AI Factories,” as “since the completion of Centuria’s first AI-F2026, there has been a rise in customer demand for AI capacity.” The text can be paraphrased as follows: The system will be employed to advance the process of customer sign-ups and inquiries for both Centuria’s and third-party power lines.
Furthermore, it will create a pathway for the deployment of over 10,000 GPUs in the near future and provide scope for future growth within Centuria’s portfolio. In addition to its industrial REIT, CIP, CCG also includes a data center project located in Clayton, Victoria, which forms a part of the Telstra Data Complex.
The acquisition took place in late 2025. In addition to ResetData, the financial support will be used for current and prospective property deals and to maximize Centuria’s possible route to over 200MW of energy through its current properties coupled with future AI Factory opportunities.
John McBain and Jason Huljich, the Joint CEOs of Centuria, stated that the merger of Centuria and ResetData has resulted in a unique Nvidia neocloud partner with the ability to scale sovereign AI Factories and provide access to Centuria’s real estate, land, and an extensive power pipeline of over 200MW. ResetData is among the top three Australian Nvidia Cloud Partners and is uniquely positioned to capitalize on the growing global demand for setting up AI Factory capacity in Australia.
Notably, neocloud platforms in Australia have undergone swift re-evaluations due to contracts and expansion, which we keep in mind as we address the growing demand for AI and develop our expertise in this field. Additionally, our recent real estate acquisitions have progressively grown in size, aligning with our plan to expand Centuria’s real estate platform.
