Monday, 1 September 2025
International perfumery and cosmetics retailer Douglas has signed a long-term lease for 964 square meters of combined office and warehouse space at CTPark Budapest Office Campus.
The Germany-based company, which operates over 2,400 stores globally and holds a leading market position in Europe, has been active in Hungary for more than two decades. Its local presence includes locations in shopping centers and high streets across Budapest and regional cities, offering a wide selection of products from numerous international beauty and fragrance brands.
Under the lease agreement, Douglas will occupy 165 square meters of office space and 797 square meters of warehouse space, consolidating its storage and office functions at a single, centrally located site.
CTPark Budapest Office Campus, situated in the city’s 9th district, offers a mixed-use development with both office and urban logistics space. Unlike most logistics parks serving Budapest, which are typically located outside the M0 ring road, this site offers the advantage of an urban location with the services of a traditional logistics facility.
The property leased by Douglas holds a BREEAM In-Use Excellent certification, reflecting CTP’s sustainability commitments across its portfolio. Planned upgrades for the building include the installation of rooftop solar panels and improvements to the heating, cooling, and building management systems.
Ferenc Gondi, Managing Director of CTP in Hungary, noted that Douglas’s decision to lease space at CTPark Budapest Office Campus, rather than in one of CTP’s larger logistics parks on the outskirts of the city, underscores the growing relevance of city logistics within the company’s portfolio.
