Liverpool-based charity group Big Help has agreed to give up leases on more than 600 properties, which equates to around 30 per cent of Home Reit's portfolio.
Scandal-hit property investor Home Reit has kicked out its biggest tenant, a charity which paid no rent on hundreds of properties for more than a year in a protest.
The charity described the properties as mostly terraced homes previously owned by rogue landlords, which needed major works such as rewiring and new kitchens. A Big Help spokesman told MailOnline: 'Big Help has always been clear that we were victims in this scandal; we are delighted that after robustly defending our position for over 18 months we have been completely vindicated.
Troubles first emerged more than 18 months ago when short seller Viceroy Research raised concerns over the sustainability of its business model.
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