NYSE:AATREITs
Morgan Stanley’s Downgrade and Refinancing Concerns Could Be A Game Changer For American Assets Trust (AAT)
Morgan Stanley recently downgraded American Assets Trust from Equalweight to Underweight, citing weak growth prospects, significant 2026–2027 lease expirations, refinancing challenges, and the risk of a future dividend reduction, while Mizuho highlighted broader shopping center REIT sector headwinds and occupancy saturation.
This combination of company-specific concerns and broader sector caution has sharpened investor focus on American Assets Trust’s balance sheet flexibility, leasing risks...