---
schema_version: "secwatch.filing_event.v1"
accession: "0001944366-26-000040"
form_type: "8-K"
ticker: null
cik: "0001944366"
company_name: "Blue Owl Real Estate Net Lease Trust"
filed_at: "2026-06-03T20:21:00+00:00"
generated_at: "2026-06-03T20:49:34.856401+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Blue Owl Real Estate Net Lease Trust sells 15.5M shares for $164.6M; declares June distributions

## Summary
- Sold 15,457,239 common shares on June 1, 2026; gross proceeds of $164.6M at NAV per share as of April 30, 2026.
- Exempt from registration under Section 4(a)(2), Regulation D and Regulation S; breakdown by class: Class I 7.57M shares, Class S 5.67M, etc.
- Declared June distributions: gross $0.0625 per share for all classes; net after servicing fees: Class S $0.0548570, Class N $0.0579667, Class D $0.0602816, Class I $0.0625.
- Record date May 31, 2026; payable on June 16, 2026 in cash or reinvested under distribution reinvestment plan.

## SEC filing metadata
- accession: 0001944366-26-000040
- form_type: 8-K
- cik: 0001944366
- company_name: Blue Owl Real Estate Net Lease Trust
- filed_at: 2026-06-03T20:21:00+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1944366/000194436626000040/0001944366-26-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1944366/000194436626000040/osnl-20260522.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001944366-26-000040
- JSON: https://secwatch.observer/filing/0001944366-26-000040.json
- Plain text: https://secwatch.observer/filing/0001944366-26-000040.txt

## Key facts
- Equity Issuances
  Blue Owl Real Estate Net Lease Trust issued 15,457,239 common shares across classes (S, N, D, I) of common stock to unknown for gross proceeds of approximately $164.6 million, based on net asset value per share as of April 30, 2026.
  - Security: common stock
  - Shares: 15,457,239 common shares across classes (S, N, D, I)
  - Consideration: gross proceeds of approximately $164.6 million, based on net asset value per share as of April 30, 2026
  source text: On June 1, 2026, Blue Owl Real Estate Net Lease Trust (the “ Company ,” “ ORENT ” “ we ” or “ us ”) sold an aggregate of 15,457,239 of its common shares for gross proceeds of approximately $164.6 million, based on net asset value per share as of April 30, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1944366/000194436626000040/0001944366-26-000040-index.htm

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