abrdn Global Premier Properties Fund sets up up to $27.5 million at-the-market share sale
On January 23, 2025, the fund entered a distribution agreement with ALPS Distributors to sell up to $27.5 million of common shares over time through at-the-market offerings, with UBS Securities as a sub-placement agent. Under the Investment Company Act, shares cannot be sold below net asset value, and the sales are made under an existing shelf registration.
Key points
- Maximum offering size is $27,500,000 of common shares of beneficial interest, sold from time to time through ALPS Distributors.
- Sub-placement agent agreement with UBS Securities LLC dated January 23, 2025.
- The fund may not sell shares below current net asset value, excluding any distributing commission or discount.
- Offering commenced January 23, 2025 under a prospectus supplement and a shelf registration (File No. 333-282296).
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 23, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.