Is American Assets Trust a Buy?

·4 min read

Shares of the diversified REIT (real estate investment trust) focused on the West Coast have railed nearly 60% over the last 12 months. Add in its dividend, and the REIT's total return is above 65%. The REIT's funds from operations (FFO) per share was up 6% year over year in the second quarter and 34% sequentially.

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