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tbi bank has increased its financing for Hexagon's Someșului 15 residential development in Cluj-Napoca to €15 million, providing an additional €5 million to support the project's completion.
The new facility follows €10 million in financing granted in 2025.
The project is located in central Cluj-Napoca, close to the Someș River and is positioned as one of Hexagon's premium residential developments.
The additional funding will provide resources for construction as the project moves towards completion.
Someșului 15 Adds 136 Apartments
Someșului 15 will comprise 136 apartments alongside commercial units and a two-level underground car park.
The development consists of buildings with two basement levels, ground floors and five or six upper floors.
The project also incorporates green areas and energy-efficient design features.
Construction is being carried out primarily through Hexagon Structures, the developer's in-house general contractor.
This integrated approach gives Hexagon greater control over construction quality, project execution and delivery timelines.
Cluj Location Supports Residential Demand
Someșului 15 is positioned in a central part of Cluj-Napoca, near the Someș River, giving residents access to the city's established urban infrastructure and amenities.
Cluj-Napoca has become one of Romania's closely watched residential markets, supported by its technology sector, employment base and growing demand for modern housing.
For developers and lenders, well-located residential projects can benefit from the city's continued economic activity and limited availability of centrally positioned development sites.
Hexagon Expands Integrated Development Model
Hexagon operates an integrated development model covering the project lifecycle, from land acquisition and urban planning to design, construction, asset management and sales.
The group has developed residential, retail and office projects in Cluj-Napoca and Bucharest.
Its in-house construction capabilities are also intended to provide greater control over project schedules and execution.
The increased financing from tbi bank strengthens the partnership between the lender and developer and provides additional capital for the delivery of Someșului 15.
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TBI Bank Expands Real Estate Financing
The financing increase comes as tbi bank continues to expand its presence in the Romanian market.
The bank entered a new phase of development in 2026 following its acquisition by Advent International, a global private equity investor with approximately $100 billion in assets under management.
The lender has also provided financing to other Romanian residential developers, including a €7.85 million facility for the continued development of the Stejeris project in Brașov.
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€15M Facility Supports Project Completion
The increase from €10 million to €15 million gives Hexagon additional financial capacity to complete Someșului 15 while maintaining its development programme.
For tbi bank, the transaction represents continued support for a centrally located residential project in one of Romania's important property markets.
As construction progresses, the €15 million financing facility is expected to support the delivery of the 136-apartment development and its associated commercial and parking facilities.
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