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Saba Capital Escalates Pressure on Workspace Group with New Portal

Saba Capital Management has launched a dedicated digital platform, MakeWorkspaceWork.co.uk, to rally shareholders behind its strategic vision for Workspace Group. The move signals a sharpening of the investment firm's campaign, providing stakeholders with a formal open letter and a detailed presentation outlining a specific value creation plan.

Saba Capital Escalates Pressure on Workspace Group with New Portal

The launch marks a significant step in Saba’s ongoing engagement with the real estate firm. By centralizing its arguments on a single portal, the New York-based asset manager aims to bypass traditional communication channels and speak directly to investors regarding its proposed operational changes.

Saba, founded by Boaz Weinstein in 2009, specializes in credit relative value strategies and capital structure arbitrage. With offices in New York and London, the firm is utilizing this platform to articulate its case for reform, supported by external advisors including Greenbrook for media relations and DF King for shareholder outreach.

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