{"url_path":"/sec/cik-0001944366/8-k/2026-06-03/item-3-02","section_key":"item-3-02","section_title":"Item 3.02 Unregistered Sale of Equity Securities.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-03","source_url":"https://www.sec.gov/Archives/edgar/data/1944366/0001944366-26-000040-index.html","accession_number":"0001944366-26-000040","cik":"0001944366","ticker":null,"issuer_name":"Blue Owl Real Estate Net Lease Trust","edgar_url":"https://www.sec.gov/Archives/edgar/data/1944366/0001944366-26-000040-index.html","primary_entity_key":"0001944366","primary_entity_name":"Blue Owl Real Estate Net Lease Trust"},"word_count":135,"has_tables":true,"body_markdown":"Item 3.02. Unregistered Sale of Equity Securities.\n\nOn 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. The offers and sales of these shares were exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2), Regulation D and/or Regulation S thereunder.\n\nThe following table details the common shares sold:\n\nCommon sharesNumber of Shares SoldGross Proceeds\n\nClass S5,669,738$60,525,932*\n\nClass N356,153$3,876,240*\n\nClass D1,859,190$19,469,250*\n\nClass I7,572,158$80,741,160\n\n*Gross proceeds for Class S, Class N and Class D shares include aggregate commissions, which consist of the sales load and dealer manager fees, of $499,852, $74,240 and $44,250, respectively."}