German real estate investor Alpha Real Capital has acquired the Olympus logistics centre in Hamburg from Thegus Grundstücks-Vermietungsgesellschaft Objekt Hamburg III, a subsidiary of Movesta Lease and Finance for an undisclosed sum. Olympus has been based in Hamburg since 1963 and uses 23,240 m[sup]2[/sup] of the warehousing space for the the worldwide distribution of medical equipment and cameras. The 42,000 m[sup]2[/sup] property also includes a 2,400 m[sup]2[/sup] office building occupied by General Electric.
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