However, the company's retail portfolio does not seem to have escaped pandemic blues just yet. In fact, because of the pandemic, a significant number of tenants closed or continue to close their businesses temporarily or permanently. Others shortened or continue to shorten their operating hours or offer reduced services. As a result, issues like rent collections and lower leasing have emerged as a pressing concern for companies like American Assets Trust, Simon Property Group SPG, Kimco Realty Corporation KIM and Federal Realty FRT.