Hallsberg

Train Alliance owns just over 900,000 sqm of land in Hallsberg, Rala. The area is zoned for railway purposes and constitutes development land for establishment. The assets generate rental income, track and land securing fees.

A maintenance workshop for track-bound work machines was commissioned in December 2022 and at the end of 2023 a new modern locomotive workshop was commissioned, for which Siemens Mobility signed a 25-year lease. At the end of 2024, an 8-year agreement was signed with SJ AB for the de-icing of railcars in a de-icing facility.

In early 2024, Train Alliance signed an agreement with a European logistics company to secure 100,000 sqm of land for the establishment of a rail-connected freight terminal on the Rala site. The design phase has been finalised and a decision on the next steps will be taken. Agreement has been reached to value the land at SEK 900 per sqm, totalling SEK 90 million, in a future deal. The potential customer pays a land securing fee for reserving the land.

Train Alliance is working with the Swedish Transport Administration on a new railway yard at Rala for passenger trains, including through tracks to Sannahed, to increase the area’s capacity.

The external valuation of Train Alliance’s properties in Hallsberg shows a value of SEK 680 million, equivalent to approximately SEK 745 per sqm. This is significantly higher than the acquisition value of SEK 101 million or SEK 110 per square metre. The external valuation can be compared with the value of SEK 900 per sqm of raw land that Train Alliance agreed with a European logistics contract for a 100 000 sqm area of land in Hallsberg or the land prices of around SEK 2 000 per sqm obtained for parcelled-out properties on which the company separately agreed to build rail-connected workshops.