Blue Owl Real Estate Net Lease Trust: reports share sales of 14,175,827

What happened

• Blue Owl Real Estate Net Lease Trust (the "Company," "ORENT," "we" or "us") announced that on Oct 1, 2026 it sold an aggregate of 14,175,827 of its common shares for gross proceeds of approximately $152,900,000, based on net asset value per share as of Aug 31, 2026. The offers and sales were exempt from registration under the Securities Act of 1933 pursuant to Section 4(a)(2), Regulation D and/or Regulation S.
• On Sep 21, 2026 the Company declared distributions for each outstanding class of its common shares with a gross distribution of $0.0625000 per share. The net distributions (gross less shareholder servicing fees) are payable to shareholders of record immediately following the close of business on Sep 30, 2026 and will be paid on or about Oct 19, 2026, in cash or reinvested for participants in the distribution reinvestment plan.

Key details

• Shares sold by class and gross proceeds: Class S 5,550,468 shares for $59,780,168; Class N 959,425 shares for $10,515,900; Class I 7,665,934 shares for $82,558,271; Class D 0 shares for $0. Gross proceeds for Class S and Class N include aggregate commissions of $440,111 and $170,900, respectively.
• Distribution amounts per share: gross distribution $0.0625000 for Class S, Class N, Class D and Class I. Shareholder servicing fees and net distributions per class: Class S fee $(0.0074691) net $0.0550309; Class N fee $(0.0044312) net $0.0580688; Class D fee $(0.0021666) net $0.0603334; Class I fee $0.0000000 net $0.0625000.
• Record date for distributions: Sep 30, 2026. Expected payment date: on or about Oct 19, 2026. Payment method: cash or reinvestment under the Company’s distribution reinvestment plan.

Why it may matter

• Item 3.02 was reported (unregistered sales of equity securities), which covers the sale of the 14,175,827 common shares described above. Item 8.01 was reported (other events), which covers the declared distributions and related payment details. The filing does not show why the insider traded or why the company acted.