We turn standing buildings into the uses regional Australia is short of.

Data centres, housing, medical and retirement living.

Ascendis Group is an Australian property development company working across regional and metropolitan Australia. We find the tenant first, then bring the property owner and the builder into the same deal.

Cutaway drawing of an existing warehouse with four data centre modules inside it and a substation on the apron outside.

What we do

Every stream starts with a building that already exists, and an assessment of what it can become.

Primary focus

Regional data centres

We convert suitable industrial and commercial buildings into data centres, powered efficiently and responsibly. Regional operators, councils, utilities and managed service providers need capacity close to where they work.

Second stream

Adaptive-reuse residential

We repurpose suitable buildings into housing that revitalises regional communities. The structure, the slab and the envelope are already there, so the work goes into the living spaces, creating homes with real character.

Third stream

Medical and retirement living

We convert suitable buildings into medical and retirement living facilities. Regional populations are short of both, and the buildings that could host them are often sitting empty in the same towns.

Why we reuse buildings

Sustainability shapes every site we acquire and every decision we make about it.

Embodied carbon

The largest single emission in a new building is locked in before anyone switches a light on. Keeping the structure avoids most of it.

Waste

Demolition sends a building to landfill so a replacement can be trucked in. Reuse keeps the frame, the slab and the envelope in service.

Time

A standing building shortens the programme. The work becomes fit-out, services and consent rather than groundwork and structure.

Community

Underused assets in regional towns come back into use, and the jobs and services attached to them stay local.

Regional data centres

Power is the bottleneck in data centre supply. We pair buildings that already have a grid connection with tenants who need capacity in the regions.

What we offer property owners

A use for a building with a thin tenancy, assessed properly before anyone is asked to commit.

  • Earn long term rent from a thinly let building
  • Put the site's existing power connection to work
  • Know the tenant before you commit anything
  • Leave the approvals, design and delivery to us
  • Choose a fee, lease or joint venture deal
  • Gain the ESG credit of reusing a standing building

What we offer tenants

Capacity in your own region, specified against your requirement rather than against what the building used to be.

  • Get regional capacity in months, not years
  • Specify the space against your own requirement
  • Move into a site that is powered and equipped
  • Leave the site search, power and approvals to us
  • Keep the build cost off your balance sheet
  • Take low carbon, renewable ready capacity

Have a building in mind?

Send us the address and the supply capacity, and we will tell you within a week whether the building works.

Tell us about your building

How we work

We screen a site before anyone spends money on consultants.

Screen the site

We test power, structure, fibre and planning against hard limits, using our own screening software, which has already assessed many sites.

Find the tenant

We confirm who will take the space before the design is fixed, so the building is specified against a real requirement.

Run the approvals

We brief the planners, engineers and fire consultants, and check their reports before council sees them.

Deliver and hand over

We manage the programme, the builder, the contract and the handover, with delivery experience at institutional scale.

Common questions

What does Ascendis Group do?

Ascendis Group is an Australian property development company based in Sydney. It converts standing buildings into regional data centres, adaptive-reuse housing, medical and retirement living facilities.

Where does Ascendis Group operate?

Regional and metropolitan areas across all states in Australia.

What makes a building suitable for a data centre?

Available power capacity at the connection point rules out most sites first. Slab loading, clear internal height, plant access, room for heat rejection, and carrier fibre arriving by two separate routes are tested next.

Why reuse a building instead of building new?

Most of a new building's carbon is spent before anyone switches a light on. Keeping the structure avoids that and shortens the programme to occupancy.

Our team

Ascendis Group Pty Ltd was founded by David Lai and Roland Machaalani. Stephen Hawkins advises on capital and Asian markets.

Roland Machaalani

Roland MachaalaniDirector

Design, methodology and screening

Registered architect and founder of UrbanActive, whose construction methodology visualisations are behind over $100 billion of successful Australian construction tenders.

David Lai

David LaiDirector

Delivery and project management

Founder of the project management consultancy DKL Projects. Spent 19 years as head of commercial projects delivery at Goodman Group, Australia's largest industrial property group, on more than $2 billion of projects.

Stephen Hawkins

Stephen HawkinsStrategic Advisor

Capital, funds and Asian markets

More than 35 years in real estate and funds management, and over $3 billion of transactions across Australia, Japan, China and Southeast Asia. Co-founded LOGOS, now ESR's Southeast Asia platform, and built Goodman Group's Asian offices.

Contact us

If you own an industrial site, need capacity in a regional centre, or want to talk about an adaptive-reuse project, send us the detail and we will come back to you.

NSW office

Level 1, 44 Martin Place, Sydney NSW 2000
Street map of central Sydney. A green marker sits on the northern side of Martin Place, between Pitt Street and Castlereagh Street, with Hunter Street to the north and Elizabeth Street to the east.
Map data © OpenStreetMap contributors.

We use your details only to reply. We come back inside two business days.