A British based loan servicing group has appointed receivers to the company part-owned by Paddy McKillen Jnr which controls the Bray Central shopping and town centre site.
Wicklow County Council agreed to sell the property, formerly known as the Florentine site, to Navybrook Ltd for a reported €2.6 million in 2018.
It's understand that the current tenants are unaffected by the appointment of the receivers Kroll.
Penneys and Sports Direct were secured as anchor tenants during the summer alongside smaller shop operators, while its dining offering is led by Elephant & Castle and Wowburger.
Education Minister Hails Coláiste Bhríde as 'True Community Hub' for South Wicklow
Bray Dip for Jigsaw Returns This Weekend
Criminal Legal Aid Certificates Tumble In Bray Following Introduction Of Legal Aid Scheme
Unidentified Drone Spotted Off Wicklow Coast As Trump Visit Looms
Calls For M11 Resurfacing Rethink Over Noise Concerns