15/06/2026
Saba Capital has turned its attention to UK real estate companies trading on wide discounts to NAV, including Grainger and Workspace.
In this QD View, Richard Williams looks at why forcing asset sales may not be straightforward in the current market, and why existing turnaround plans at both companies deserve time to play out.
Read more: https://quoteddata.com/2026/06/why-sabas-real-estate-raid-may-come-unstuck/
Saba has set its sights on a new target – rental property landlord Grainger (GRI). It echoes its campaign at fellow London-listed REIT Workspace Group (WKP), where it has requisitioned to replace the board with its own nominees and push ahead with a managed wind down. Both companies have attracted...