Saba Capital Escalates Pressure on Workspace Group with New Portal

The newly unveiled portal serves as a repository for Saba’s campaign, featuring an open letter to shareholders and a detailed presentation outlining the firm's vision for the real estate investment trust. By centralizing these resources, Saba is attempting to bypass traditional communication channels and engage directly with investors who may be dissatisfied with existing corporate policies.

Founded by Boaz Weinstein in 2009, Saba Capital has built its reputation on credit relative value strategies and complex capital structure arbitrage. The firm, which maintains a significant presence in both New York and London, is positioning this intervention as a necessary step to unlock value that it claims is currently suppressed under the existing board. The campaign is supported by PR firm Greenbrook and proxy solicitor DF King, signaling that Saba is prepared for a prolonged engagement with the company’s governance structure.