Plus in a lot of cases, their employees were not on furlough so it was easier for them to get up. I would expect the same thing to occur. Q1 2020 Simon Property Group Inc Earnings Call 05/11/2020 05:00 PM (EDT) SPG. Telegram. Our ratios are as strong as anybody that's out there and we'll just continue to monitor it. A property somewhere else, because of various factors, we may put on hold for a while. [Operator Instructions] For our prepared remarks, I'm pleased to introduce David Simon.Good evening, and thank you for joining us today. Simon shares as of Monday's market close are down about 63% this year. There's not going to be any stores."

And I think others that aren't ready are missing that opportunity. And we will have to see how that evolves.

We built this company not to do that but we felt like we had to do that. I mean, obviously, we've got to see where we are. We would like I think the retail community in Europe was a little bit more prepared to open so they've had a higher percentage of retailers open, Alex. Act 1.66 Est 1.56 Q4 2019 Simon Property Group Inc Earnings Call 02/04/2020 08:30 AM (EST) SPG. And that but I know somehow the market morphed into this number.

We're really focused on the local community, trying to be innovative there, and then just listening to consumer and what we could do and learn from there.And then I think technology will be added to our properties to enhance their to enhance the consumer experience and certainly to keep them safe.

But that I'm not I do think for the retailers that are opening, they're gaining market share. We're constantly marketing or manage reviewing the market.

So if people want us to think about something, we're happy to do it. Everything really has to be looked at kind of regionally and so on.Okay, understood. Look, we did buy shares back in Q1 early. I do think we live in a society that craves some of that. Nordstrom is going to be opening in the next few weeks. I don't I'm not sure that I would create that causation, OK?I just you said something and I just wanted to make it clear.Look, I think it's possible, right? At quarter end, our total liquidity was $8.7 billion, consisting of $4.6 billion of available credit facility borrowing capacity and the $4.1 billion of cash mentioned earlier.

And I hope they do come back. A property in Oklahoma, maybe all systems go. You're not saying what they were or not. I mean, obviously, we'll screw somebody up somewhere just because we're because of our we won't do everything perfect but we're going to help that group.

Yet in our outlets, we're seeing some really good traction with some of the higher-end brands as they sell their goods.

All rights reserved. So they were a little bit more prepared. Yes, what are your expectations for the tenants that are on month-to-month leases and them reopening?Well, most of those are local and entrepreneurs and actually, I mean, that's the great thing about America. All rights reserved. Jeremy, as you know, we withdrew guidance so we really can't do that.

"I do think for the retailers that are opening, they are gaining market share," the CEO said. So there's a lot more to come, but we are basically eight weeks into this, right, almost eighth week?And we're learning a lot and doing a lot. And it's the it's there for people to consume, I guess.

2020 InvestorPlace Media, LLC. We'll let you know when we have information to provide. Simon Property Group (SPG) reports Q1 2020 results. For whatever reason, the guys put me away from the speaker. Technology I understand your earlier comments on liquidity and you're not making any new retail level investments here, but I'm curious if you think investing capital today in the Forever 21 platform specifically for the long term is still worthwhile in this environment.We actually capitalize it pretty reasonably well. Commercial paper market is open and continues to find stability. Look, in the past, you've been active with retailers, both Aeropostale and Forever 21. there's obviously some distress in the retail market right now. Was it primarily a balance sheet-related decision? No, it was just more so I didn't want to get but I didn't know if there was a legal reason why. Simon Property Group Q1 20 Earnings Conference Call At 5:00 PM ET So all of these things are, at least currently with the pandemic, all basically things that we're going to have to take into account for the future. I mean but we are, but we don't we obviously, it's going to impact our taxable income over the year. We will reevaluate all suspended projects over time. I am sure you can respect this.