American Assets Trust Q2 FFO $0.51/share, reaffirms FY2026 guidance; credit facility expanded to $600M

American Assets Trust, Inc.

Net income $5.2M ($0.09 diluted EPS); FFO $0.51 per diluted share vs $0.52 in Q2 2025.
Same-store cash NOI up 0.3% in Q2; record average rental rates across office, retail, multifamily.
Credit facility amended to $600M ($500M revolver + $100M term loan), maturity extended to April 2030.
Dividend maintained at $0.34/share; Q3 2026 dividend declared.
FY2026 FFO guidance reaffirmed at $1.96-$2.10 per diluted share (midpoint $2.03).

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