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Fitch affirms American Assets Trust

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Fitch affirms American Assets Trust

Fitch Ratings affirmed the long-term issuer default ratings ofAmerican Assets Trust Inc.and American Assets Trust LP at BBB.

Credit strengths including a portfolio focus on high barrier-to-entryU.S. west coast markets, appropriate leverage gained through organic deleveragingand a long management record, among other things, provide a basis for the affirmation,according to Fitch.

The outlook is stable.