The REIT boosts guidance after strong leasing activity and portfolio expansion in Q2 2026.
Tanger Inc. increased its full-year 2026 core funds from operations (FFO) guidance to a range of $2.45 to $2.52 per share. The revision follows a strong quarter driven by leasing momentum and the addition of Levis Commons, along with retenanting Saks boxes.
The company previously did not disclose a specific range for 2026 core FFO. The updated outlook reflects improved occupancy and rental income growth, supported by external acquisitions and internal leasing efforts.
Management attributed the confidence in the raised guidance to robust operational performance and strategic portfolio enhancements during the quarter.