Broker Data, page-6

summed up nicely by the livewire reporting season spreadsheet:
"GHC posted strong growth thanks to acquisitions, rental growth and project completions. Brokers agree the REIT offers defensive exposure to recurring income in healthcare but that the stock is fully priced. Two Holds."
so it will always trade above nta value as it has strong earnings growth visibility which will invariably increase nta over time.

i hold this stock as a defensive healthcare property play to diversify because even if the stockmarket in general has a major drop, this will be relatively insulated. there is bo way on earth that epworth hospital kr the other sites are going to vacate so it is really almost like a bond with zero risk and relatively low yield, but should experience reasonable sp growth for medium term holders.
its very small cap so expect some wide short term volatility between 2.00 and 2.30 in the short term.