Hubix acquires stake in The Lake Home project in Sibiu

Hubix, an investment company specializing in real estate, announces a strategic investment in the development of The Lake Home project in Sibiu, an ambitious urban regeneration initiative carried out together with Novarion, the project developer.

Located right on the shores of Lake Binder, The Lake Home transforms a former industrial area into a contemporary, sustainable and urban integrated residential district. The project involves the intelligent reconversion of an area of 53,000 sqm into a modern complex with over 500 housing units, green areas, pedestrian alleys, commercial spaces and community facilities. The value of the investment in the development of the next 5 buildings of the project will exceed EUR 35 million, as the first stage of the Hubix - Novarion association, the total investment for the entire project being EUR 75 million.

“The Lake Home is more than a real estate project – it is a strategic intervention in an area with immense potential, amplified by the exceptional location on the shores of Lake Binder. We are investing not only capital, but also know-how, governance and long-term vision. We are convinced that, together with Novarion, we can deliver a landmark urban regeneration for the entire region.” Says Daniel Tudor, Chief Investment Officer, Hubix.