American Assets Trust Q2 FY26 net income drops 4.1% to 6,790; revenue rises 1.44% to 109.48 million

Reuters2026/07/28 20:18

By:Reuters

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American Assets Trust posted Q2 net income of USD 6.79 million, down 4.65% from a year earlier, while FFO per diluted share edged down to USD 0.51.
Net income attributable to stockholders slipped 5.15% to USD 5.18 million, with same-store cash NOI up 0.3% to USD 66.5 million.
Office occupancy held at 84.4%, retail occupancy rose 0.2 percentage points to 97.9%, while multifamily occupancy fell 6.3 percentage points to 88.4%.
Leasing included 110,000 office square feet with comparable cash rent spreads of 9.1%, while 139,000 retail square feet delivered comparable cash rent spreads of 3%.
Full-year 2026 FFO per diluted share guidance was reaffirmed at USD 1.96 to USD 2.10; the quarterly dividend stayed at USD 0.34 per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Assets Trust Inc. published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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American Assets Trust Q2 FY26 net income drops 4.1% to 6,790; revenue rises 1.44% to 109.48 million

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