Simon CEO ‘Confused’ by What’s Ahead for Mall Rent Collection

Simon Property Group Inc.’s malls are open and the landlord has seen its rent collection numbers climb in recent months as the U.S. grapples with the coronavirus.

Still, Chief Executive Officer David Simon acknowledged the company will struggle to collect rent from some tenants and that it’s hard to predict how long it will take to recover from the economic fallout of Covid-19.