Developer Dunne takes High Court action over Kildare deal

Millionaire property developer Sean Dunne today began a High Court action over the alleged sale of his 50% stake in the Whitewater Shopping Centre in Co Kildare for €37.5m.

Mr Dunne, a businessman of Merrion Square, Dublin is claiming that the purported sale of his 50% stake in the shopping centre outside Newbridge to businessman Kevin Warren, of Northumberland Road, Dublin is in breach of an agreement that the sale would not be completed until a development agreement had been executed by both parties.