Investment grade financial investment universe based upon combined book value 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 worth of net residential or commercial property, plant and devices for all openly traded companies in The United States and Canada with a financial investment grade credit rating from Standard & Poor's. Source: Standard & Poor's Capital IQ since September 27, 2023. Average yearly single tenant deal volume 2022. Sources: Institutional Realty Inc. "Net-leased commercial genuine estate posts record year" published March 1, 2023, and Colliers research. Investment grade companies should have "BBB-" ranking or greater by S&P or an equivalent rating from a nationally recognized statistical rating organization (NRSRO). Creditworthy describes services that Blue Owl considers economically sound sufficient to validate an extension of credit or engage in a lease contract. 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 renter relationships/partnerships, Blue Owl has 160+ tenant relationships/partnerships since June 30, 2024. Since the beginning of Blue Owl's net lease investment strategy in 2010.

Important details

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

Past performance is not an assurance of future results.

Creditworthy describes services that Blue Owl considers economically sound adequate to justify an extension of credit or take part in a lease agreement.

Taxpayers ought to speak with their independent tax consultants with respect to any contemplated Section 1031 Exchange.

Assets Under Management (" AUM") describes the assets that we handle and is typically equal to the sum of (i) net possession worth (" NAV")