---
schema_version: "secwatch.filing_event.v1"
accession: "0001944366-25-000116"
form_type: "8-K"
ticker: null
cik: "0001944366"
company_name: "Blue Owl Real Estate Net Lease Trust"
filed_at: "2025-10-03T23:59:59+00:00"
generated_at: "2026-05-17T04:49:24.270752+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ORENT raises $248.3M in unregistered sale of 23.9M common shares

## Summary
- Sold 23,894,685 shares on Oct 1, 2025 at NAV; gross proceeds ~$248.3M.
- Classes S, N, D, I sold; Class S largest at 12.05M shares for $125.1M.
- Exempt from registration under Section 4(a)(2), Regulation D and/or S.
- Declared monthly distribution of $0.0583333/share gross; net varies by class.
- Net distributions payable Oct 17, 2025 to record holders Sep 30, 2025.

## SEC filing metadata
- accession: 0001944366-25-000116
- form_type: 8-K
- cik: 0001944366
- company_name: Blue Owl Real Estate Net Lease Trust
- filed_at: 2025-10-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1944366/000194436625000116/0001944366-25-000116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1944366/000194436625000116/osnl-20250922.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001944366-25-000116
- JSON: https://secwatch.observer/filing/0001944366-25-000116.json
- Plain text: https://secwatch.observer/filing/0001944366-25-000116.txt

## Key facts
- Equity Issuances
  Blue Owl Real Estate Net Lease Trust issued 23,894,685 common shares of common stock to unknown for gross proceeds of approximately $248.3 million.
  - Security: common stock
  - Shares: 23,894,685 common shares
  - Consideration: gross proceeds of approximately $248.3 million
  source text: On October 1, 2025, Blue Owl Real Estate Net Lease Trust (the “ Company ,” “ ORENT ” “ we ” or “ us ”) sold an aggregate of 23,894,685 of its common shares for gross proceeds of approximately $248.3 million, based on net asset value per share as of August 31, 2025. The offers and sales of these shares were exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2), Regulation D and/or Regulation S thereunder.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1944366/000194436625000116/0001944366-25-000116-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.