Blue Owl Capital announced the close of its European net lease fund with €1.6 billion of capital commitments, exceeding the original target of €1.0 billion and its previous hard cap of €1.5 billion. The Blue Owl Real Estate European Net Lease Fund is focused on acquiring single-tenant net leased real estate and infrastructure assets that are mission-critical to the operations of blue-chip, investment-grade tenants. The alternative asset manager believes the European net lease market is structurally underserved. OWL shares were 3.00% higher at $11.50 around noon trading on Tuesday.
Blue Owl Capital IncFund closed oversubscribed at €1.6B, exceeding targets, indicating strong investor demand.
Blue Owl Capital Corporation