Xebec Logistics Trust (XLT) has reached a key milestone – just in time for its fifth anniversary.

The open-ended private real estate investment fund singularly focused on the industrial logistics real estate sector, has surpassed $1 billion in properties under management.

This week, the company also announced that Joaquin de Monet has joined Xebec as an executive vice president to lead all aspects of XLT's fund management, including acquisitions, asset and portfolio management, and fundraising and capital markets.

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