TANGER REPORTS SECOND QUARTER RESULTS
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Quarter Ended June 30, 2022
Core FFO available to common shareholders was $0.45 per share, or $48.8 million, for 2Q 2022 (non-GAAP)*
Drives Blended Rent Spreads of 4.1% (comparable leases in the total domestic portfolio at pro rata share for the trailing twelve months ended June 30, 2022 )
Occupancy growth of 170 bps year over year (total portfolio at pro rata share as of June 30, 2022 compared to June 30, 2021)
For complete information regarding our financials, see our periodic filings
For Fiscal Year Ending Dec 31, 2021
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Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is a leading operator of upscale open-air outlet centers that owns (or has an ownership interest in) and/or manages a portfolio of 37 centers with an additional center currently under development. Tanger's operating properties are located in 20 states and in Canada, totaling approximately 14.0 million square feet, leased to over 2,700 stores operated by more than 600 different brand name companies. The Company has more than 41 years of experience in the outlet industry and is a publicly-traded REIT.
Shopping Centers
States & in Canada
Square Feet
As of August 2, 2022 • Source: Internal Company Metrics
Tanger Factory Outlet Centers, Inc.
3200 Northline Avenue
Suite 360
Greensboro, NC 27408
Doug McDonald
SVP, Finance and Capital Markets
T: (336) 856-6066
tangerir@tangeroutlets.com
Computershare Trust Company, NA
P.O. Box 43010
Providence, RI 02940-3010
T: 800-733-5001
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