Tenants can complain all they like about rents but when properties are being valued below construction costs (like offices currently are) & there are very few comparable buildings to gain a 'true market rate' then they don't really have much of a case.
Usually any disputes would end up going to market review by a third party valuer who would inevitably use construction cost as a basis as the alternative would be a public hospital likely of a different age & size.
HCW Price at posting:
85.0¢ Sentiment: Buy Disclosure: Held
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