TANGER REPORTS FIRST QUARTER RESULTS
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Quarter Ended March 31, 2022
Core FFO available to common shareholders was $0.45 per share, or $49.4 million, for 1Q 2022 (non-GAAP)*
Positive Blended Rent Spreads (comparable leases in the total domestic portfolio at pro rata share for the trailing twelve months ended March 31, 2022 )
Occupancy growth year over year (total portfolio at pro rata share as of March 31, 2022 compared to March 31, 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, a portfolio of 36 centers. Tanger's operating properties are located in 20 states and in Canada, totaling approximately 13.6 million square feet, leased to over 2,600 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 May 5, 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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