Blue Owl Capital has raised approximately $9 billion across four real estate funds, with its net lease strategy fueling significant investor interest. The firm’s real assets division secured $4 billion in equity capital in Q1, with $3 billion allocated to net lease properties. This capital came from a mix of private wealth and institutional investors, as noted by CFO Alan Jay Kirshenbaum during the company’s recent earnings call.

The strategy reflects a growing appetite for stable, long-term real estate returns in a volatile market.