American Assets Trust, Inc. · NYSE:AAT
American Assets Trust — Corporate Update (January 2021)
5 slides from American Assets Trust's corporate update, Jan 8, 2021
Slide 1: Collections Update January 2021
Exhibit 99.1 Collections Update January 2021Exhibit 99.1 Collections Update January 2021
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements relate to, without limitation, our future
Slide 3: Collections Throughout COVID-19
Collections Throughout COVID-19 (1) (2) (UNAUDITED, AMOUNTS IN THOUSANDS) OUTSTANDING COLLECTED TO DATE COVID‐19 ADJUSTMENTS (1) $% $ % $% BILLED 4Q‐2020 AS OF 1/5/2021 $25,045 $21,871 87.3% $1,559 6.2% $1,615 6.4% RETAIL $3,527 $1,010 28.6% $72 2.0% $2,445 69.3% WAIKIKI BEACH WALK ‐ RETAIL TOTAL RE
Slide 4: Portfolio Collection Activity
Portfolio Collection Activity (1) COLLECTED TO DATE (APR 2020 – DEC 2020) 2Q- 3Q- 4Q- APR MAY JUN JUL AUG SEP OCT NOV DEC 2020 2020 2020 OFFICE 98.2% 97.5% 97.1% 97.6% 98.8% 99.0% 98.3% 98.7% 99.0% 98.8% 98.5% 98.8% RETAIL 60.9% 63.2% 67.0% 63.6% 80.9% 81.8% 82.0% 81.6% 86.7% 88.7% 86.7% 87.3% MULTI
Slide 5: 4Q-2020 Retail Billed and Collection Activity
4Q-2020 Retail Billed and Collection Activity (1) (1) 4Q-2020 RETAIL RENT COLLECTED BY CATEGORY 4Q-2020 RETAIL RENT BILLED OTHER HARDWARE STORES 100.0% 6.1% SALON/SPA 4.2% OFF-PRICE 6.3% GROCERY & DRUG 100.0% BANK/CREDIT UNION 100.0% HOME FURNISHINGS 9.2% COMMUNICATIONS & HOME 99.6% GROCERY & DRUG O
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