American Assets Trust, Inc. Announces Second Quarter 2023 Earnings Release Date and Conference Call Information
July 10 2023 - 8:33PM
American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will
announce its second quarter 2023 earnings in a press release to be
issued after the market closes on Tuesday, July 25, 2023.
Senior management will hold a conference call for its second
quarter 2023 earnings on Wednesday, July 26, 2023 at 8:00 a.m.
Pacific Time (“PT”). Conference call access information is as
follows:
Toll Free Number: 1 (800) 715-9871Conference ID: 7784863
A live on-demand audio webcast of the conference call will be
available on the “Investor Relations” section of the Company’s
website at www.americanassetstrust.com. A replay webcast will be
available on the Company’s website approximately one hour after the
conclusion of the conference call.
About American Assets Trust, Inc.
American Assets Trust, Inc. is a full service, vertically
integrated and self-administered real estate investment trust
("REIT"), headquartered in San Diego, California. The company has
over 50 years of experience in acquiring, improving,
developing and managing premier office, retail, and residential
properties throughout the United States in some of the
nation’s most dynamic, high-barrier-to-entry markets primarily
in Southern California, Northern California,
Washington, Oregon, Texas and Hawaii. The company's
office portfolio comprises approximately 4.1 million rentable
square feet, and its retail portfolio comprises approximately 3.1
million rentable square feet. In addition, the company owns one
mixed-use property (including approximately 94,000 rentable square
feet of retail space and a 369-room all-suite hotel) and 2,110
multifamily units. In 2011, the company was formed to succeed to
the real estate business of American Assets, Inc., a privately held
corporation founded in 1967 and, as such, has significant
experience, long-standing relationships and extensive knowledge of
its core markets, submarkets and asset classes. For additional
information, please visit www.americanassetstrust.com.
Forward Looking Statements
This press release may contain forward-looking statements within
the meaning of the federal securities laws, which are based on
current expectations, forecasts and assumptions that involve risks
and uncertainties that could cause actual outcomes and results to
differ materially. Forward-looking statements relate to
expectations, beliefs, projections, future plans and strategies,
anticipated events or trends and similar expressions concerning
matters that are not historical facts. In some cases, you can
identify forward-looking statements by the use of forward-looking
terminology such as “may,” “will,” “should,” “expects,” “intends,”
“plans,” “anticipates,” “believes,” “estimates,” “predicts,” or
“potential” or the negative of these words and phrases or similar
words or phrases which are predictions of or indicate future events
or trends and which do not relate solely to historical matters. The
following factors, among others, could cause actual results and
future events to differ materially from those set forth or
contemplated in the forward-looking statements: the impact of
epidemics, pandemics, or other outbreaks of illness, disease or
virus (such as the outbreak of COVID-19 and its variants) and the
actions taken by government authorities and others related thereto,
including the ability of our company, our properties and our
tenants to operate; adverse economic or real estate developments in
our markets; our failure to generate sufficient cash flows to
service our outstanding indebtedness; defaults on, early
terminations of or non-renewal of leases by tenants, including
significant tenants; difficulties in identifying properties to
acquire and completing acquisitions; difficulties in completing
dispositions; our failure to successfully operate acquired
properties and operations; our inability to develop or redevelop
our properties due to market conditions; fluctuations in interest
rates and increased operating costs; risks related to joint venture
arrangements; our failure to obtain necessary outside financing;
on-going litigation; general economic conditions; financial market
fluctuations; risks that affect the general retail, office,
multifamily and mixed-use environment; the competitive environment
in which we operate; decreased rental rates or increased vacancy
rates; conflicts of interests with our officers or directors; lack
or insufficient amounts of insurance; environmental uncertainties
and risks related to adverse weather conditions and natural
disasters; other factors affecting the real estate industry
generally; limitations imposed on our business and our ability to
satisfy complex rules in order for us to continue to qualify as a
REIT for U.S. federal income tax purposes; and changes in
governmental regulations or interpretations thereof, such as real
estate and zoning laws and increases in real property tax rates and
taxation of REITs. While forward-looking statements reflect the
company's good faith beliefs, assumptions and expectations, they
are not guarantees of future performance. For a further discussion
of these and other factors that could cause the company's future
results to differ materially from any forward-looking statements,
see the section entitled “Risk Factors” in the company's most
recent annual report on Form 10-K, and other risks described in
documents subsequently filed by the company from time to time with
the Securities and Exchange Commission. The company disclaims any
obligation to publicly update or revise any forward-looking
statement to reflect changes in underlying assumptions or factors,
of new information, data or methods, future events or other
changes.
Source: American Assets Trust, Inc.
Investor Contact:
American Assets Trust
Robert F. BartonExecutive Vice President and Chief Financial
Officer858-350-2607
American Assets (NYSE:AAT)
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