"This financing marks an important stage for The Lake Home and confirms the maturity of the project. The Lake Home is not just a residential project, but a large-scale urban reconversion built around a natural area of value to Sibiu," said Raul Târnaru, CEO of Novarion and Development Manager of the project.

"The Lake Home fits well within Hubix's investment philosophy: a location with real potential, a clear urban regeneration component and a development that can generate long-term value. For us, the role of equity partner means more than capital contribution — it means involvement in structuring the investment, project governance and supporting a partnership built on discipline and transparency," said Daniel Tudor, Chief Investment Officer of Hubix.

At completion, The Lake Home will include 494 apartments, 34 houses, 3 restaurants and approximately 20,000 sqm of green spaces. To date, Novarion DMX Construction has completed over €20 million worth of works on the project. The development has been recognised at the International Property Awards with the "Best Residential Renovation/Redevelopment Romania, 5 Stars" award.

Hubix is a real estate co-investment platform founded by Bogdan Dinu, Daniel Tudor and Cristian Istrătescu, with a portfolio spanning Warsaw, Cluj-Napoca, Sibiu, Timișoara and other regional markets. Novarion DMX Construction has built over 150,000 sqm across industrial and residential projects, and has delivered public sector works worth approximately €37 million including VAT.