abrdn Global Premier Properties Fund
AWP
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Peter J. Kovalski
- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 10 Queens Terrace Aberdeen DE United States of America AB10 1YG
- IPO Date
- Apr 26, 2007
- CIK
- 0001390195
- Website
- alpinecef.com
- Similar Companies
- Business
- abrdn Global Premier Properties Fund (NYSE: AWP) is a closed-end management investment company that seeks capital appreciation as its primary objective and high current income as its secondary objective by investing at least 80% of its managed assets in equity securities, and to a lesser extent debt securities, of domestic and foreign issuers principally engaged in the real estate industry, real estate financing, or that control significant real estate assets. The fund employs fundamental analysis with a top-down and bottom-up stock picking approach, focusing on value stocks across global public equity markets in sectors including industrial REITs, retail REITs, data center REITs, health care REITs, residential, office, and specialized real estate; it benchmarks performance against the FTSE EPRA/NAREIT Global TR Index, MSCI US REIT Gross Total Return Index, and S&P Developed BMI Property Index Net TR Index. abrdn Global Premier Properties Fund operates globally, with investments spanning developed markets in North America, Europe, Asia-Pacific, and selectively emerging markets, targeting investors seeking diversified real estate exposure for income and growth. Founded on February 13, 2007, the fund is managed by abrdn Inc., with portfolio managers Svitlana Gubriy and Bill Pekowitz, and is domiciled in the United States with historical administrative ties to Philadelphia, Pennsylvania. In a significant recent development, the fund launched an at-the-market equity offering program in January 2025, enabling the sale of common shares up to an aggregate offering price of $27.5 million to increase capital for investments. Additionally, directors have made notable purchases, including 175 shares by Director Reit Todd in August 2025 and 2,150 shares by Director John P. Sievwright in July 2025 at $3.82 per share, signaling confidence in the fund's strategy amid ongoing portfolio diversification and monthly distributions.