Tanger Factory Outlet Centers (SKT) Reports Q3 FFO of $0.47
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Tanger Reports Third Quarter Results
November 1, 2021 4:15 PM EDTGREENSBORO, N.C., Nov. 1, 2021 /PRNewswire/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading owner and operator of upscale open-air outlet centers, today reported financial results and operating metrics for the three and nine months ended September 30, 2021.
"We are pleased to report strong quarterly results. Our leasing efforts pushed occupancy to 94.3% as of September 30, 2021, up 130 basis points since June 30th and 140 basis points over the last twelve months. Our rent spreads improved by 240 basis points sequentially on a cash basis. We also benefited from significant percentage... More
