Tanger Outlet kam gestern mit fantastischen Zahlen raus, das hat vermutlich den ganzen Markt nach oben gezogen.
There was lots of good news in Tanger's earnings report, but a few items stood out. For example, traffic at its outlet centers in the third quarter of 2021 was at roughly the same level as in the third quarter of 2019, before the pandemic. Consumers are basically back to their old ways. Meanwhile, Tanger's occupancy is starting to rise, hitting 94.3% at the end of September, up from 93% at the end of June and 92.9% in September last year. In other words, as customers are returning, so, too, are retailers. That all translated into average tenant sales that were 11.2% higher than the same trailing-12-month period in 2019. This was, indeed, a good quarterly report.
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