---
schema_version: "secwatch.filing_event.v1"
accession: "0001944366-25-000120"
form_type: "8-K"
ticker: null
cik: "0001944366"
company_name: "Blue Owl Real Estate Net Lease Trust"
filed_at: "2025-10-20T23:59:59+00:00"
generated_at: "2026-05-17T03:18:22.258599+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Blue Owl Real Estate Net Lease Trust sells $52.8M Class I shares; reports Sept 30 NAV

## Summary
- Sold 5,047,285 Class I shares at $10.4571 NAV for gross proceeds of ~$52.8M in exempt offering.
- NAV per share as of 9/30/25: Class S $10.3877, Class N $10.4727, Class D $10.2600, Class I $10.4571.
- Total portfolio assets at fair value $9.49B across 3,853 properties; weighted avg lease term 16 years.
- Credit rating BBB (Morningstar DBRS); 83.1% debt fixed; weighted avg interest rate 5.3%; LTV 32.5%.

## SEC filing metadata
- accession: 0001944366-25-000120
- form_type: 8-K
- cik: 0001944366
- company_name: Blue Owl Real Estate Net Lease Trust
- filed_at: 2025-10-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1944366/000194436625000120/0001944366-25-000120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1944366/000194436625000120/osnl-20251016.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001944366-25-000120
- JSON: https://secwatch.observer/filing/0001944366-25-000120.json
- Plain text: https://secwatch.observer/filing/0001944366-25-000120.txt

## Key facts
- Equity Issuances
  Blue Owl Real Estate Net Lease Trust issued 5,047,285 shares of common stock to feeder vehicles primarily created to hold the Company’s Class I common shares for gross proceeds of approximately $52.8 million.
  - Security: common stock
  - Shares: 5,047,285 shares
  - Purchaser: feeder vehicles primarily created to hold the Company’s Class I common shares
  - Consideration: gross proceeds of approximately $52.8 million
  source text: As of October 1, 2025, Blue Owl Real Estate Net Lease Trust (the “ Company ”, “ we ”, or “ us ”) sold 5,047,285 shares of its Class I common shares (with the final number of shares being determined on October 16, 2025) to feeder vehicles primarily created to hold the Company’s Class I common shares for gross proceeds of approximately $52.8 million, based on net asset value (“ NAV ”) per share as of September 30, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1944366/000194436625000120/0001944366-25-000120-index.htm

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