{"url_path":"/sec/cik-0001944366/8-k/2026-07-06/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":"2026-07-06","source_url":"https://www.sec.gov/Archives/edgar/data/1944366/0001944366-26-000049-index.html","accession_number":"0001944366-26-000049","cik":"0001944366","ticker":null,"issuer_name":"Blue Owl Real Estate Net Lease Trust","edgar_url":"https://www.sec.gov/Archives/edgar/data/1944366/0001944366-26-000049-index.html","primary_entity_key":"0001944366","primary_entity_name":"Blue Owl Real Estate Net Lease Trust"},"word_count":133,"has_tables":true,"body_markdown":"Item 3.02. Unregistered Sale of Equity Securities.\n\nOn July 1, 2026, Blue Owl Real Estate Net Lease Trust (the “Company,” “ORENT” “we” or “us”) sold an aggregate of 18,520,740 of its common shares for gross proceeds of approximately $198.3 million, based on net asset value per share as of May 31, 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 S6,982,329$74,701,320*\n\nClass N1,499,407$16,246,700*\n\nClass D—$—\n\nClass I10,039,004$107,399,275\n\n*Gross proceeds for Class S and Class N and shares include aggregate commissions, which consist of the sales load and dealer manager fees, of $536,415 and $186,700, respectively."}