How to handle the acquisition of Hotel Property Investments (ASX: HPI) by Charter Hall (ASX: CQR)
Summary
On February 17, 2025, Charter Hall Retail REIT announced that the Bidder (including Hostplus) now holds over 90% of HPI securities and intends to initiate the compulsory acquisition process to acquire the remaining HPI securities it does not hold. .
- Record date: 17 February 2025
- Acquisition price: $3.752 per share
Tax implications
Capital gain
Working out your net capital gain or net capital loss for the 2025 year
This acquisition is a taxable event. You can calculate your estimated tax liability using our CGT calculator. If you have more than one trade, you can add them in [Sharesight][https://www.sharesight.com/au/] and run the [CGT Report][https://help.sharesight.com/au/capital_gains/] to calculate your tax liability.
To work out your net capital gain or net capital loss for the year, you must take it into account:
- any other capital gains or capital losses you make in the 2025 income year from other transactions
- any net capital losses carried forwards from earlier income years
- whether you can apply the CGT discount to any part of your net capital gain.
Income tax
Working out your taxable income for the 2025 year
You need to declare the dividend received to the ATO when filing your 2025 tax return. Sharesight auto-populates this and all historical dividends in the [Taxable Income Report][https://help.sharesight.com/au/taxable_income/].
To work out your total taxable income for the year, you must take it into account:
- any other investment income, such as dividend, interest or rental income received in the 2025 income year
- Total unfranked, franked amount and franking credit
- Income from partnerships and trusts such as managed funds and ETFs
How to handle this in Sharesight
1 – On the Overview page, select HPI.ASX
2 - Select Trades & Income tab
3 - Select Add trade or adjustment
4 - Trade date: 17 February 2025
5 - Trade type: Sell
6 - Quantity: All shares on hand
7 - Unit / Share price: 3.752
8 - Select Save trade
FAQ
What happens to my shares after the acquisition and do I need to take any action?
All of your shares are cancelled in exchange for cash. You do not need to take any action. Your shares will be sold by the broker/share registry, and the cash proceeds will be deposited into your nominated account or brokerage.
What do I receive for my shares?
You will receive $3.752 cash per share.
Is this acquisition a taxable event?
This acquisition is a taxable event. You can calculate your estimated tax liability using our CGT calculator. If you have more than one trade, you can add them in [Sharesight][https://www.sharesight.com/au/] and run the [CGT Report][https://help.sharesight.com/au/capital_gains/] to calculate your tax liability.
How much money did I make following this acquisition?
The Sold Securities report shows your annualised return including dividends. If you don’t have a Sharesight account, sign up here for free, enter the date you bought HPI and the sell trade above to work out your return (Sharesight auto populate all historical dividends).
How does this acquisition affect my portfolio concentration risk?
You can find out your portfolio diversification using the Diversity report.
The guide above is a suggestion on how to handle the corporate action in Sharesight and is not finance or tax advice. We advise you to consult your financial advisor or broker. We also encourage you to review the official Documents for full details.
Last modified on March 21, 2025 UTC