WPG - Mall office hotel REIT stocks advance as COVID fears ease

Mall, shopping center, office, and hotel REIT stocks climb after Texas becomes the latest and biggest state to drop its mask mandate and allow businesses to reopen at full capacity.Governors of Michigan, Mississippi and Louisiana have also eased restrictions on bars, restaurants and other businesses Tuesday, as did the mayor of San Francisco, the AP reports.Among mall REITs, Tanger Factory Outlet Centers ([[SKT]] +9.1%) gains the most; SKT also got attention on Motley Fool on Wednesday for its resilient performance.Peers PREIT ([[PEI]] +6.9%) and Macerich ([[MAC]] +4.5%) also sharply rise.On the shopping center side, Washington Prime Group ([[WPG]] +3.2%), Kimco ([[KIM]] +3.4%), and Brixmor Property Group ([[BRX]] +2.6%) show strong gains.Hotel REITs also stand to benefit as capacity restrictions are lifted. Apple Hospitality ([[APLE]] +5.6%), Chatham Lodging Trust ([[CLDT]] +4.3%), Pebblebrook Hotel Trust ([[PEB]] +5.1%), ad RLJ Lodging Trust make the most impressive gains among the group.The eased limits may send some people back to their offices.

For further details see:

Mall, office, hotel REIT stocks advance as COVID fears ease