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SPG - Brookfield Property: You Can't Predict You Can Prepare
Simon Property Group Inc.
This article was co-produced with Nicholas Ward.
On Monday morning, the biggest news in REITdom was Tanger Factory Outlet Center’s ( SKT) earnings release. We already covered this report in a focus ticker piece – linked here – but here’s a brief summary nonetheless…
In short, Tanger’s Q4/full-year results were pretty solid. It:
Beat analyst expectations on both the top and bottom lines for the quarter.
Posted a full-year occupancy rate of 97% (which was a slight improvement from the 96.8% we saw last year).
Posted its strongest tenant sales productivity since 2015 in