What changed
On November 2, 2026, Blue Owl Real Estate Net Lease Trust sold 15,744,422 common shares for gross proceeds of approximately $169.8 million, based on net asset value per share as of September 30, 2026. The sales comprised 5,871,067 Class S shares for $63,304,913, 1,140,975 Class N shares for $12,481,710, 187,849 Class D shares for $1,999,800, and 8,544,531 Class I shares for $91,997,252. The offerings were exempt from registration under Section 4(a)(2), Regulation D and/or Regulation S. Separately, on October 22, 2026, the company declared distributions for each outstanding class of common shares, payable to shareholders of record as of October 31, 2026, with payment on or about November 18, 2026, in cash or reinvested under the distribution reinvestment plan.
Why it matters
On November 2, 2026, Blue Owl Real Estate Net Lease Trust sold 15,744,422 common shares for gross proceeds of approximately $169.8 million, based on net asset value per share as of September 30, 2026.