CWK - Real estate stocks gain as new administration begins

Real estate stocks advance strongly, perhaps on the prospect that President Biden's $1.9T stimulus plan will help bolster the outlook for such sectors as hotel, office, and shopping mall REITs.Also being sworn in on Wednesday are two Democratic senators from Georgia, which will result in a 50-50 Senate split. Vice President Kamala Harris will vote to break an ties, assuming senators strictly vote along party lines.Schwab U.S. REIT ETF (SCHH) gains 2.2%, its largest gain since Nov. 13 if the rise holds. By name, Simon Property ([[SPG]] +2.9%), Kimco Realty ([[KIM]] +2.4%), Brixmor Property ([[BRX]] +4.5%), Office Properties Income ([[OPI]] +1.6%), SL Green ([[SLG]] +2.5%), Service Properties Trust ([[SVC]] +3.2%), and Sunstone Hotel ([[SHO]] +3.8%) show some of the strongest gains.Healthcare REITs are also rising, with Physicians Realty ([[DOC]] +3.5%), Ventas ([[VTR]] +2.7%), and Sabra Health Care ([[SBRA]] +2.7%), Healthcare Trust of America ([[HTA]] +2.9%) gaining.In apartment REITs, Equity Residential

For further details see:

Real estate stocks gain as new administration begins