---
schema_version: "secwatch.filing_event.v1"
accession: "0001944366-25-000129"
form_type: "8-K"
ticker: null
cik: "0001944366"
company_name: "Blue Owl Real Estate Net Lease Trust"
filed_at: "2025-11-21T23:59:59+00:00"
generated_at: "2026-05-16T17:44:10.998053+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Blue Owl raises ~$42.4M in equity; Oct NAV per Class I share $10.48

## Summary
- Sold 3,513,278 Class I shares for $36.8M and 530,740 shares for $5.6M in exempt offerings.
- NAV per share as of Oct 31: Class I $10.4801, Class S $10.4091, Class N $10.4937, Class D $10.2755.
- Total portfolio assets $9.94B across 3,857 properties; 16-yr weighted avg lease term.
- 75.9% of debt fixed; weighted avg interest rate 5.3%, LTV 33.2%. BBB rating from Morningstar DBRS.

## SEC filing metadata
- accession: 0001944366-25-000129
- form_type: 8-K
- cik: 0001944366
- company_name: Blue Owl Real Estate Net Lease Trust
- filed_at: 2025-11-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 3.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1944366/000194436625000129/0001944366-25-000129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1944366/000194436625000129/osnl-20251118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001944366-25-000129
- JSON: https://secwatch.observer/filing/0001944366-25-000129.json
- Plain text: https://secwatch.observer/filing/0001944366-25-000129.txt

## Key facts
- Equity Issuances
  Blue Owl Real Estate Net Lease Trust issued 3,513,278 shares of common stock to feeder vehicles primarily created to hold the Company’s Class I common shares for gross proceeds of approximately $36.8 million, based on net asset value per share as of October 31, 2025.
  - Security: common stock
  - Shares: 3,513,278 shares
  - Purchaser: feeder vehicles primarily created to hold the Company’s Class I common shares
  - Consideration: gross proceeds of approximately $36.8 million, based on net asset value per share as of October 31, 2025
  source text: As of November 3, 2025, Blue Owl Real Estate Net Lease Trust (the “ Company ”, “ we ”, or “ us ”) sold 3,513,278 shares of its Class I common shares (with the final number of shares being determined on November 18, 2025) to feeder vehicles primarily created to hold the Company’s Class I common shares for gross proceeds of approximately $36.8 million, based on net asset value (“ NAV ”) per share as of October 31, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1944366/000194436625000129/0001944366-25-000129-index.htm
- Equity Issuances
  Blue Owl Real Estate Net Lease Trust issued 530,740 shares of common stock to not specified for gross proceeds of approximately $5.6 million, based on net asset value per share as of September 30, 2025.
  - Security: common stock
  - Shares: 530,740 shares
  - Purchaser: not specified
  - Consideration: gross proceeds of approximately $5.6 million, based on net asset value per share as of September 30, 2025
  source text: Additionally, as of November 3, 2025, the Company sold 530,740 shares of its Class I common shares for gross proceeds of approximately $5.6 million, based on net asset value per share as of September 30, 2025, which were not previously included in its Form 8-K filed on November 5, 2025 due to the timing of the closing information.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1944366/000194436625000129/0001944366-25-000129-index.htm

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