“So we don't expect, that whole business, whether it's Europe and/or Asia for us is basically stability. So we're outperforming in Europe and in Asia and obviously there's fluctuations, Korea could be up, Japan could be down, but generally it's basically according to plan. I don't expect any change there.”

In context

“cautious and that's why we're indicating it's probably more likely. We have this history of beating and raising and we're trying to be realistic given the set of circumstances that we're dealing with and that's why we're thinking sales and it's really only sales that have the variability that could ultimately produce us more in the middle of the range. Alexander Goldfarb: And David, if I could just ask clarification, your comments on the US consumer is that the same for your European and Asian portfolios or those consumers are experiencing different trends in the US? David Simon: There's actually the -- and it's basically our portfolio, our investment in Klepierre. Japan is -- it's all internationally, it's all very good, right? So they're not -- their playing field there hasn't changed. So we don't expect, that whole business, whether it's Europe and/or Asia for us is basically stability. So we're outperforming in Europe and in Asia and obviously there's fluctuations, Korea could be up, Japan could be down, but generally it's basically according to plan. I don't expect any change there. The US consumer that goes to these places really doesn't drive our business. Alexander Goldfarb: Thank you. David Simon: It's more of the Germans going to Italy and that kind of stuff. Certainly more likely the Chinese go to Europe than they come here. Okay? Operator, I think we are ready for next. Operator: The next question comes from the line of Caitlin Burrows with Goldman Sachs. Please proceed. Caitlin Burrows: Hi, everyone. Maybe one thing that's tougher to predict than the tenant sales results is OPI. But with that in mind, I guess wondering, David, if you could go through some of the OPI performance in 1Q kind of talk about what's going on there. And I know they aren't part of guidance, but just trying to understand how some of the revenue and cost synergies that were planned for”