---
schema_version: "secwatch.filing_event.v1"
accession: "0001944366-26-000023"
form_type: "8-K"
ticker: null
cik: "0001944366"
company_name: "Blue Owl Real Estate Net Lease Trust"
filed_at: "2026-03-18T23:59:59+00:00"
generated_at: "2026-05-15T09:58:15.490552+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Blue Owl Real Estate Net Lease Trust sells 2.16M Class I shares for $22.9M; reports Feb NAV and portfolio stats

## Summary
- Sold 2,156,113 Class I shares at Feb 28 NAV of $10.6075 for gross proceeds of ~$22.9M under Section 4(a)(2)/Reg D.
- NAV per share as of Feb 28: Class S $10.5328, Class N $10.6202, Class D $10.3965, Class I $10.6075.
- Total NAV of $8.62B across 814.9M shares/units; portfolio assets at fair value $12.0B.
- Holds interests in 3,892 properties (275 wholly-owned); weighted avg lease term 18 yrs, annual escalations 2.2%.
- 93.1% of real estate debt fixed; weighted avg interest rate 5.2%, LTV 34.1%; credit rating BBB (Morningstar DBRS).

## SEC filing metadata
- accession: 0001944366-26-000023
- form_type: 8-K
- cik: 0001944366
- company_name: Blue Owl Real Estate Net Lease Trust
- filed_at: 2026-03-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 3.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1944366/000194436626000023/0001944366-26-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1944366/000194436626000023/osnl-20260316.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001944366-26-000023
- JSON: https://secwatch.observer/filing/0001944366-26-000023.json
- Plain text: https://secwatch.observer/filing/0001944366-26-000023.txt

## Key facts
- Equity Issuances
  Blue Owl Real Estate Net Lease Trust issued 2,156,113 shares of common stock to feeder vehicles primarily created to hold the Company's Class I common shares for gross proceeds of approximately $22.9 million.
  - Security: common stock
  - Shares: 2,156,113 shares
  - Purchaser: feeder vehicles primarily created to hold the Company's Class I common shares
  - Consideration: gross proceeds of approximately $22.9 million
  source text: As of March 2, 2026, Blue Owl Real Estate Net Lease Trust (the “ Company ”, “ we ”, or “ us ”) sold 2,156,113 shares of its Class I common shares (with the final number of shares being determined on March 16, 2026) to feeder vehicles primarily created to hold the Company’s Class I common shares for gross proceeds of approximately $22.9 million, based on net asset value (“ NAV ”) per share as of February 28, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1944366/000194436626000023/0001944366-26-000023-index.htm

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