International perfumery and cosmetics chain Douglas has signed a long-term lease agreement for 964 square meters of office and logistics space at CTPark Budapest Office Campus.
Headquartered in Germany, Douglas operates 2,400 stores worldwide and is the market leader in Europe. The brand has been present in Hungary for more than 20 years, with stores located in shopping malls and high streets across Budapest and county seats. Its product range includes offerings from tens of thousands of international beauty and fragrance brands.
As part of the lease, Douglas will take over 165 square meters of office space and 797 square meters of warehouse space at CTP’s city logistics hub for Budapest in the city’s 9th district.
“The newest tenant at CTPark Budapest Office Campus is Douglas, which operates a market-leading perfume store network internationally and maintains a strong presence here in Hungary,” said Ferenc Gondi, Managing Director of CTP in Hungary. “What makes this especially notable is that Douglas has chosen to move to the jewel of our city logistics network — CTPark Budapest Campus — and not to one of our larger logistics parks servicing the capital city. This reinforces the important role that city logistics plays within our diversified portfolio.”
Image source: www.robertson.hu