Commercial tenants are feeling the blues

The decline of the blue chip tenant is not unique to the Irish market

The recent instability in the worldwide economy has prompted an interesting question - have we seen the end of blue chip tenants, as we have come to know them? In the property industry, a blue chip tenant is a term generally used to describe a company which is of the highest quality, and which would be considered as low-risk as it is possible to get - with regard to payment default.

Unfortunately for ...