American Assets Trust Inc

Overview

American Assets Trust Inc (AAT) is a real estate investment trust. The company owns, operates, acquires and develops retail, multifamily, office, and mixed-use properties. AAT's office portfolio consists of nine office properties, six multifamily properties, twelve retail shopping centers, and a mixed-use property. The company offers service such as rental of retail space and other tenant services. It operates in Texas, Southern California, Oregon, Northern California, Washington, and Hawaii. AAT is headquartered in San Diego, California, the US.
Key Stats
Address
11455 El Camino Real Ste 200, SAN DIEGO, California
Headquarters

United States of America

Contact

1 858 3502600

No of Employees

199

Industry

Construction

Ticker Symbol & Exchange​

AAT [NYSE]

Revenue (2020)

$345 m

-5.9% (2020 vs 2019)
Net Income (2020)

$28 m

-39.3% (2020 vs 2019)
Net Profit Margin

8 %

-35.2% (2020 vs 2019)
Market Cap *

$2,412 m

EPS *

$0.5

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters American Assets Trust IncSimon Property Group IncBoston Properties IncFederal Realty Investment Trust
Key Information
Headquarters United States of America United States of America United States of America United States of America
Headquarter City SAN DIEGO INDIANAPOLIS BOSTON NORTH BETHESDA
Headquarter State/Province California Indiana Massachusetts Maryland
No. of Employees 199 2,400 750 307
Entity Type Public Public Public Public

Products & Services

AAT offers real estate services. The key services of the company include the following:

Services
  • Property Acquisition
  • Property Development and Management
  • Tenant Services:
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Adam Wyll Executive Vice President; Chief Operating Officer Senior Management 2019 46 Mr. Adam Wyll has been the Executive Vice President and Chief Operating Officer of the company since November 2019. Previously,...
Ernest S Rady Chief Executive Officer; President; Chairman Executive Board 2015 83 Mr. Earnest S Rady has been the Chairman, President and Chief Executive Officer of the company since 2015. Previously, he...
Robert F Barton Chief Financial Officer; Executive Vice President Senior Management 2011 63 Mr. Robert F Barton has been the Executive Vice President and Chief Financial Officer of the company since 2011. He...
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History

Year Event Description
2021 Contracts/Agreements In May, the company entered into an agreement to acquire Eastgate Office Park.
2019 Asset Purchase In June, the company acquired La Jolla Commons in San Diego, California, the US.
2019 Divestiture In May, the company sold Solana Beach - Highway 101 for US$9.4 million in San…
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Locations


AAT Del Monte 2, LLC
AAT Oregon Office I, LLC
AAT Solana 101, LLC
AAT Torrey Reserve 6, LLC
Carmel Mountain Pad, LLC
Carmel County Plaza, LP
Icw Cafe Lessee, Llc
Landmark FireHill Holdings, LLC

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
30 Jul 2019 American Assets Trust Raises USD150 Million in Offering of 3.91% Senior Guaranteed Notes Due 2030 Debt Offering American Assets Trust Inc; American Assets Trust LP
10 Jun 2019 American Assets Trust Raises USD488.89 Million in Public Offering of Common Stock Equity Offering American Assets Trust Inc
19 Jul 2017 American Assets Trust Raises USD100 Million in Private Placement of Senior Guaranteed Series F Notes Due 2024 Debt Offering American Assets Trust Inc
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