The threat model on this big enterprise WAN isn't "an authorized user creates a VM on an existing machine", but rather "some rando plugs something in with an Ethernet cable and goes to town on the intranet services". It has a whole web portal where you can log in and register your devices. So it's not like anything's really being bypassed here.
Anyway, I still prefer NAT for VMs over most passthrough schemes, which I've found unreliable even on IPv4 networks. What the outside network doesn't know about can't hurt it.