AWP: NAV Has Declined Due To Weak Earnings But Has Potential

abrdn Global Premier Properties Fund offers high-quality REIT exposure, but current valuation and payout sustainability raise caution. AWP's 12.2% yield is attractive, yet earnings have not consistently covered distributions, risking further NAV erosion. A shift toward data center REITs and a dividend reduction could enhance AWP's growth, operating spread, and long-term NAV performance.