American Assets Trust, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call Information
October 01 2024 - 3:15PM
American Assets Trust, Inc. (NYSE:AAT) (the “company”) will
announce its third quarter 2024 earnings in a press release to be
issued after the market closes on Tuesday, October 29, 2024.
Senior management will hold a conference call for its third
quarter 2024 earnings on Wednesday, October 30, 2024, at 8:00 a.m.
Pacific Time.
To access the conference call, please dial 1 (833) 816-1162 and
ask to join the American Assets Trust, Inc. Conference Call.
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 55 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 “anticipate,” “believe,” “expect,” “intend,”
“may,” “might,” “plan,” “estimate,” “project,” “should,” “will,”
“result” 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: adverse economic or
real estate developments in the company’s markets; defaults on,
early terminations of or non-renewal of leases by tenants,
including significant tenants; decreased rental rates or increased
vacancy rates; failure to generate sufficient cash flows to service
the operating partnership’s outstanding indebtedness; fluctuations
in interest rates and increased operating costs; failure to obtain
necessary outside financing; inability to develop or redevelop the
company’s properties due to market conditions; investment returns
from the company’s developed properties may be less than
anticipated; general economic conditions; financial market
fluctuations; risks that affect the general office, retail,
multifamily and mixed-use environment; the competitive environment
in which the company operates; system failures or security
incidents through cyber attacks; 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 the company and its properties and tenants to operate;
difficulties in identifying properties to acquire and completing
acquisitions; failure to successfully operate acquired properties
and operations; risks related to joint venture arrangements;
potential litigation; difficulties in completing dispositions;
conflicts of interests with the company’s officers or directors; a
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 the company’s business and the
company’s ability to satisfy complex rules in order for the company
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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