Centuria Capital launches A$300M equity raise to fund AI data centre push
What's the deal? Centuria Capital Group, an Australian real estate and funds management firm, has launched a A$300 million fully underwritten equity raising.
Announced June 22, 2026, in Sydney, the raise splits into a A$200 million institutional placement and a A$100 million pro rata entitlement offer.
The funds will accelerate growth at ResetDataDealroom has a profile for this one. Try Dealroom → — Centuria's AI data centre venture — and its real estate equity and credit funds management platform.
Why now? Demand for AI capacity has surged since Centuria completed its first Australian AI Factory.
The capital aims to build out a pipeline for near-term deployment of more than 10,000 GPUs and unlock 200MW+ of power across existing assets.
ResetData is one of just three Australian NVIDIA Cloud Partners, positioning it to capture rising international demand for sovereign AI capacity.
What could go wrong? The GPU deployment target is indicative and depends on contracts being secured, with revenues tied to final pricing and terms.
Centuria also plans to grow its private credit business from a roughly 1% market share — a small base in a competitive sector.
The signal: ResetData, the early-stage AI Factory venture at the heart of this raise, gives Centuria a foothold among just three Australian NVIDIA Cloud Partners — a scarcity that underpins its bet on sovereign AI demand. With joint chief executive officers John McBain and Jason Huljich pointing to rapid re-ratings of comparable Australian neocloud platforms, the A$300 million raise reflects how property and infrastructure players are pivoting capital toward AI, where land and power assets command new value.
Read more: ListCorp
