2017 Press Releases

Print Page E-mail Page RSS Feeds E-mail Alerts Financial Tear Sheet 
Keyword Search
 
2017 | 2016 | 2015 | 2014 | 2013
DateTitle
10/31/17American Assets Trust, Inc. Reports Third Quarter 2017 Financial Results
Net income available to common stockholders of $9.1 million and $22.0 million for the three and nine months ended September 30, 2017, respectively, or $0.19 and $0.47 per diluted share, respectively Funds From Operations per diluted share increases 11% and 7% year-over-year for the three and nine months ended September 30, 2017, respectively Same-store cash NOI decreases 0.3% and increases 0.5% year-over-year for the three and nine months ended September 30, 2017, respectively Acquisition of ... 
10/10/17American Assets Trust, Inc. Announces Third Quarter 2017 Earnings Release Date and Conference Call Information
SAN DIEGO, Oct. 10, 2017 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its third quarter 2017 earnings in a press release to be issued after the market closes on Tuesday, October 31, 2017. Senior management will hold a conference call for its third quarter 2017 earnings on Wednesday, November 1, 2017 at 8:00 a.m. Pacific Time (“PT”).  Conference call access information is as follows: Toll Free Number: 1 (877) 868-5513 Pass Code: 99374480 A tele... 
08/01/17American Assets Trust, Inc. Reports Second Quarter 2017 Financial Results
Net income available to common stockholders of $5.5 million and $12.9 million for the three and six months ended June 30, 2017, respectively, or $0.12 and $0.28 per diluted share, respectively  Funds From Operations per diluted share increases 9% and 6% year-over-year for the three and six months ended June 30, 2017, respectively  Same-store cash NOI increases 3% and 1% year-over-year for the three and six months ended June 30, 2017, respectively  Acquisition of the Pacific Ridge Apartments i... 
07/19/17American Assets Trust, Inc. Announces Issuance of $100 Million of 3.78% Senior Guaranteed Notes, Series F, Due July 19, 2024
SAN DIEGO, July 19, 2017 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) and American Assets Trust, L.P. (the “Operating Partnership”) announced today the closing of a privately placed debt offering of $100,000,000 of seven-year senior guaranteed notes (the “Series F Notes”) by the Operating Partnership.  The Series F Notes are unsecured, will pay a fixed interest rate of 3.78% and are due on July 19, 2024. Prior to closing, the Operating Partnership entered into ... 
07/18/17Ernest Rady, CEO of American Assets Trust, Inc., Receives San Diego Business Journal’s 2017 Lifetime Achievement Award
... 
07/10/17American Assets Trust, Inc. Announces Second Quarter 2017 Earnings Release Date and Conference Call Information
SAN DIEGO, July 10, 2017 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its second quarter 2017 earnings in a press release to be issued after the market closes on Tuesday, August 1, 2017. Senior management will hold a conference call for its second quarter 2017 earnings on Wednesday, August 2, 2017 at 8:00 a.m. Pacific Time (“PT”).  Conference call access information is as follows: Toll Free Number: 1 (877) 868-5513 Pass Code: 50389572 A teleph... 
07/06/17American Assets Trust, Inc. Acquires the Gateway Marketplace Shopping Center in Chula Vista, California
SAN DIEGO, July 06, 2017 (GLOBE NEWSWIRE) -- American Assets Trust, Inc.  (NYSE:AAT) (the “Company”) has completed the acquisition of Gateway Marketplace, an approximately 128,000 square foot, dual grocery anchored shopping center, that was completed in 2016 and is located at 40 N 4th in Chula Vista, California, adjacent to our Southbay Marketplace. Gateway Marketplace is strategically located at the heart of Chula Vista’s retail core on a highly trafficked intersection, across the street f... 
05/23/17American Assets Trust, Inc. Announces Issuance of $100 Million of 4.24% Senior Guaranteed Notes, Series E, Due May 23, 2029
SAN DIEGO, May 23, 2017 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) and American Assets Trust, L.P. (the “Operating Partnership”) announced today the closing of a privately placed debt offering of $100,000,000 of twelve-year senior guaranteed notes (the “Series E Notes”) by the Operating Partnership.  The Series E Notes are unsecured, will pay a fixed interest rate of 4.24% and are due on May 23, 2029. Prior to closing, the Operating Partnership entered into a... 
05/02/17American Assets Trust, Inc. Reports First Quarter 2017 Financial Results
Net income available to common stockholders of $7.4 million for the three months ended March 31, 2017, or $0.16 per diluted share Funds From Operations decreases 2% year-over-year for the three months ended March 31, 2017 Same-store cash NOI decreases 2% year-over-year for the three months ended March 31, 2017 Acquisition of the Pacific Ridge Apartments in San Diego, California SAN DIEGO, May 02, 2017 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “company”) today repor... 
04/28/17American Assets Trust, Inc. Acquires the Pacific Ridge Apartments in San Diego, California
SAN DIEGO, April 28, 2017 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) has successfully closed on the acquisition of the Pacific Ridge Apartments (the “Property”), a 533 unit luxury apartment community located in San Diego, California that was completed in 2013 and is currently approximately 96% leased.  The purchase price was approximately $232 million, funded with a combination of cash on hand and funds drawn against the Company’s existing credit facility. T... 
04/03/17American Assets Trust, Inc. Announces First Quarter 2017 Earnings Release Date and Conference Call Information
SAN DIEGO, April 03, 2017 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its first quarter 2017 earnings in a press release to be issued after the market closes on Tuesday, May 2, 2017. Senior management will hold a conference call for its first quarter 2017 earnings on Wednesday, May 3, 2017 at 8:00 a.m. Pacific Time (“PT”).  Conference call access information is as follows: Toll Free Number: 1 (877) 868-5513 Pass Code: 3158069 A telephonic rep... 
03/27/17American Assets Trust, Inc. Enters into Purchase Agreement to Acquire the Pacific Ridge Apartments in San Diego, California
SAN DIEGO, March 27, 2017 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) has entered into a purchase agreement to acquire the Pacific Ridge Apartments (the “Property”), a 533 unit luxury apartment community located in San Diego, California that was completed in 2013 and is currently approximately 97% leased. The Property is perched atop a bluff offering unobstructed panoramic views of the Pacific Ocean with an unparalleled amenities package and designed with a la... 
03/01/17American Assets Trust, Inc. Announces Issuance of $250 Million of 4.29% Senior Guaranteed Notes, Series D, Due March 1, 2027
SAN DIEGO, March 01, 2017 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) and American Assets Trust, L.P. (the “Operating Partnership”) announced today the closing of a privately placed debt offering of $250,000,000 of ten-year senior guaranteed notes (the “Series D Notes”) by the Operating Partnership.  The Series D Notes are unsecured, will pay a fixed interest rate of 4.29% and are due on March 1, 2027. Prior to closing, the Operating Partnership entered into a... 
02/14/17American Assets Trust, Inc. Reports Fourth Quarter and Year-End 2016 Financial Results
Net income available to common stockholders of $8.9 million and $32.6 million, respectively, for the three months and year ended December 31, 2016, or $0.19 and $0.72 per diluted share, respectively FFO per share increases 7% and 5% year-over-year for the three months and year ended December 31, 2016, respectively Same-Store Cash NOI increases 0.3% and 5% year-over-year for the three months and year ended December 31, 2016, respectively SAN DIEGO, Feb. 14, 2017 (GLOBE NEWSWIRE) -- America... 
01/17/17American Assets Trust, Inc. Releases Tax Status of 2016 Distributions
SAN DIEGO, Jan. 17, 2017 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) announced today the tax treatment of its 2016 dividend distributions as follows: Security Descriptions: Common Stock CUSIP: 024013104 Ticker Symbol: AAT Record Date Payable Date Total Distribution Per Share Allocable to 2016 Taxable Ordinary Dividend Return of Capital Long- Term Capital Gain Unrecaptured Section 1250 Gain ... 
01/11/17American Assets Trust, Inc. Announces Fourth Quarter and Year-End 2016 Earnings Release Date and Conference Call Information
SAN DIEGO, Jan. 11, 2017 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its fourth quarter and year-end 2016 earnings in a press release to be issued after the market closes on Tuesday, February 14, 2017. Senior management will hold a conference call for its fourth quarter and year-end 2016 earnings on Wednesday, February 15, 2017 at 8:00 a.m. Pacific Time (“PT”).  Conference call access information is as follows: Toll Free Number: 1 (877) 868-5513...