Investment grade investment universe based on combined book worth of net residential or commercial property, plant and equipment for all publicly traded business in the United States and Canada. Investment grade financial investment universe based upon combined book value of net residential or commercial property, plant and equipment for all openly traded business in The United States and Canada with an investment grade credit ranking from Standard & Poor's. Source: Standard & Poor's Capital IQ since September 27, 2023. Average annual single renter transaction volume 2022. Sources: Institutional Real Estate Inc. "Net-leased commercial genuine estate posts record year" published March 1, 2023, and Colliers research. Investment grade business need to have "BBB-" score or higher by S&P or a comparable score from a nationally acknowledged analytical rating organization (NRSRO). Creditworthy describes businesses that Blue Owl deems economically sound enough to justify an extension of credit or engage in a lease arrangement. Tenants are credit worthwhile or investment grade sometimes of acquisition. The above figure is inclusive of the relationships that belong to STORE Capital, which was gotten by Blue Owl Real Estate and GIC in September 2022. Exclusive of STORE's tenant relationships/partnerships, Blue Owl has 160+ occupant relationships/partnerships since June 30, 2024. Since the beginning of Blue Owl's net lease financial investment method in 2010.

Important details

Unless otherwise kept in mind the Report Date referenced herein is since December 31, 2024.

Past efficiency is not a guarantee of future outcomes.

Creditworthy describes organizations that Blue Owl deems economically sound sufficient to validate an extension of credit or take part in a lease arrangement.

Taxpayers need to seek advice from their independent tax consultants with regard to any contemplated Section 1031 Exchange.

Assets Under Management (" AUM") refers to the assets that we handle and is normally equal to the amount of (i) net possession value (" NAV")