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Blue Owl Closes European Net Lease Fund with Over €1.6 Billion of Total Capital Commitments and Seeks to Provide Differentiated Capital Solutions to Investment Grade Corporate Real Estate Occupiers

  • Blue Owl Capital Inc. announced the final close of its inaugural European net lease fund, Blue Owl Real Estate European Net Lease Fund (OREF Europe), with €1.6 billion in total capital commitments.
  • OREF Europe surpassed its original target of €1.0 billion & its previous hard cap of €1.5 billion.
  • The fund focuses on acquiring single-tenant net leased real estate & infrastructure assets critical to blue-chip, investment-grade tenants across industrial, data center, & essential retail sectors.
  • Marc Zahr, Co-President & Global Head of Real Assets at Blue Owl, identified Europe as a €13.4 trillion opportunity for institutional sale-leasebacks & monetizing owned real estate.
  • OREF Europe extends Blue Owl's net lease franchise to Europe with a diversified pipeline spanning the United Kingdom & continental Europe, covering industrial, logistics, healthcare, life sciences, cold storage, & corporate headquarters.
  • Capital commitments were secured from a diverse mix of institutional investors including pensions, insurance companies, sovereign wealth funds, & family offices across the US, Europe, APAC, & the Middle East.
  • Blue Owl manages $319 billion in assets across Credit, Real Assets, & GP Strategic Capital, with its Real Assets platform raising $8.48 billion in 2026 as of June 30.
  • Blue Owl received PERE's Global Net Lease, Data Center, & Retail Investor of the Year awards for 2025 & was ranked #2 globally on the 2026 PERE 100 for real estate fundraisers.