{
 "as_of": "2026-11-11",
 "cmr": "be-cm-kg/XBRU/BE0003720340",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# RETAIL ESTATES (Euronext Brussels: BE0003720340) — research page\n\nAs of 2026-11-11 · be-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is RETAIL ESTATES, listed on Euronext Brussels under ticker BE0003720340, ISIN BE0003720340, LEI 5493007CO5W5OBFG7L21. Security type, segment, sector and jurisdiction are not on the record. Listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 21 filings on 18 filing days in the window 2025-11-11 to 2026-11-11. The median gap between filing days is 14 days. The latest filing is dated 2026-10-26, a notification of major shareholding, 16 days before the record date 2026-11-11. The Euronext Brussels medians are 13 filings, a cadence gap of 19.0 days and a latency of 21.5 days, across 115 issuers. The sector median is not on the record.\n\n## Auditor\n\nThe auditor and its location are not on the record. Auditor changes are not on the record, as this register has no lifecycle type map yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, as this register has no lifecycle type map yet. The issuer is listed and not halted.\n\n## Orderability\n\nThe outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/be/mifid-ii-product-governance/r1, with the chapter as of 2026-11-04.\n\n## Coverage\n\nSix research houses are named on the issuer's investor-relations page: ING, KBC Securities, Van Lanschot Kempen, Oddo BHF Securities, Degroof Petercam and Kepler Cheuvreux.\n\n## Open research\n\nNo openly published research notes were found.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began date is not on the record.\n\n## Sources\n\n7 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://firds.esma.europa.eu/firds/ (identity.exchange)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.be-cm-kg.ai/events/XBRU/BE0003720340 (the disclosure lines)\n- https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (page: https://live.euronext.com/en/resources/market-events/suspended/current) (the halt flag)\n- https://be.eu-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.retailestates.com/en/investors/analysts (coverage)\n- https://mcp.be-cm-kg.ai/record/XBRU/BE0003720340 (the record)\n",
 "market": "BE",
 "node": "be-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the BE vintage is not sealed; the record is the live record as of 2026-11-11",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "BE",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "BE",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "BE",
    "state": "not_on_record"
   },
   "changes": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "be-cm-kg/XBRU/BE0003720340",
  "coverage": {
   "count": 6,
   "houses": [
    {
     "analyst": "Francesca Ferragina and Michiel Vereycken",
     "house": "ING",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.retailestates.com/en/investors/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Lynn Hautekeete",
     "house": "KBC Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.retailestates.com/en/investors/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Alex Kolsteren",
     "house": "Van Lanschot Kempen",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.retailestates.com/en/investors/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Florent Laroche-Joubert",
     "house": "Oddo BHF Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.retailestates.com/en/investors/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Vivien Maquet",
     "house": "Degroof Petercam",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.retailestates.com/en/investors/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Frederic Renard",
     "house": "Kepler Cheuvreux",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.retailestates.com/en/investors/analysts",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.retailestates.com/en/investors/analysts",
     "result": "read: 6 of 12 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 115,
     "median_cadence_gap_days": 19,
     "median_filings": 13,
     "median_latency_days": 21.5,
     "name": "Euronext Brussels"
    },
    "sector": {
     "market": "BE",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "Announcement of notification of major shareholding": 10,
    "Annual announcement": 1,
    "Annual financial report": 1,
    "Half-yearly financial report": 1,
    "Minutes of extraordinary general meeting": 1,
    "Minutes of ordinary general meeting": 1,
    "Notice of extraordinary general meeting": 3,
    "Notice of ordinary general meeting": 1,
    "Quarterly information": 2
   },
   "cadence_median_gap_days": 14,
   "filing_days": 18,
   "filings": 21,
   "latency_days": 16,
   "latest": [
    {
     "category": "Announcement of notification of major shareholding",
     "date": "2026-10-26",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=abebde83-b118-4130-b51c-448c5264f008",
     "title": "20261026_Transparencynotification_EN.pdf",
     "type": "Announcement of notification of major shareholding"
    },
    {
     "category": "Minutes of extraordinary general meeting",
     "date": "2026-09-15",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=9dc4e065-6cdb-49a2-a13d-33d05dbb1242",
     "title": "20260915_Meeting_minutes_SGM.pdf",
     "type": "Minutes of extraordinary general meeting"
    },
    {
     "category": "Announcement of notification of major shareholding",
     "date": "2026-09-14",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=773a0b68-83bd-4f2a-80d4-54d5692b8c60",
     "title": "20260914_Transparencynotification_EN.pdf",
     "type": "Announcement of notification of major shareholding"
    },
    {
     "category": "Announcement of notification of major shareholding",
     "date": "2026-09-07",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=4b226708-6f0d-4846-9ff5-04cf8e985807",
     "title": "20260907_Transparencynotification_EN.pdf",
     "type": "Announcement of notification of major shareholding"
    },
    {
     "category": "Announcement of notification of major shareholding",
     "date": "2026-08-26",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=5905a5e7-6f0d-4d05-bb72-2d1a57dde6bb",
     "title": "20260826_Transparencynotification_EN.pdf",
     "type": "Announcement of notification of major shareholding"
    }
   ],
   "latest_filing_date": "2026-10-26",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.be-cm-kg.ai/events/XBRU/BE0003720340",
   "window": {
    "from": "2025-11-11",
    "to": "2026-11-11"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "eu-sources/be/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "Euronext Brussels"
   },
   "isin": {
    "read_by": "eu-sources/be/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "BE0003720340"
   },
   "jurisdiction": {
    "market": "BE",
    "state": "not_on_record"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-12",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN BE0003720340)",
    "state": "sourced",
    "value": "5493007CO5W5OBFG7L21"
   },
   "name": {
    "read_by": "eu-sources/be/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "RETAIL ESTATES"
   },
   "sector": {
    "market": "BE",
    "state": "not_on_record"
   },
   "security_type": {
    "market": "BE",
    "state": "not_on_record"
   },
   "segment": {
    "market": "BE",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "eu-sources/be/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "BE0003720340"
   },
   "website": {
    "market": "BE",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "BE",
  "node": "be-cm-kg",
  "numbers_hash": "sha256:747b4af82a76b399f67d40819f0e9ccc9454e447fccdec321822a44a126d0067",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://be.eu-cm-kg.ai/book/aio.json",
    "door": "https://be.eu-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/be/mifid-ii-product-governance/r1",
   "section": "be.aio.v6"
  },
  "record": {
   "as_of": "2026-11-11",
   "url": "https://mcp.be-cm-kg.ai/record/XBRU/BE0003720340",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-12",
   "source": "https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (page: https://live.euronext.com/en/resources/market-events/suspended/current)",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:747b4af82a76b399f67d40819f0e9ccc9454e447fccdec321822a44a126d0067",
 "path": "/be/XBRU/BE0003720340",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is RETAIL ESTATES, listed on Euronext Brussels under ticker BE0003720340, ISIN BE0003720340, LEI 5493007CO5W5OBFG7L21. Security type, segment, sector and jurisdiction are not on the record. Listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 21 filings on 18 filing days in the window 2025-11-11 to 2026-11-11. The median gap between filing days is 14 days. The latest filing is dated 2026-10-26, a notification of major shareholding, 16 days before the record date 2026-11-11. The Euronext Brussels medians are 13 filings, a cadence gap of 19.0 days and a latency of 21.5 days, across 115 issuers. The sector median is not on the record.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor and its location are not on the record. Auditor changes are not on the record, as this register has no lifecycle type map yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, as this register has no lifecycle type map yet. The issuer is listed and not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/be/mifid-ii-product-governance/r1, with the chapter as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "Six research houses are named on the issuer's investor-relations page: ING, KBC Securities, Van Lanschot Kempen, Oddo BHF Securities, Degroof Petercam and Kepler Cheuvreux.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began date is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "7 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://firds.esma.europa.eu/firds/"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.be-cm-kg.ai/events/XBRU/BE0003720340"
  },
  {
   "for": "the halt flag",
   "source": "https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (page: https://live.euronext.com/en/resources/market-events/suspended/current)"
  },
  {
   "for": "the orderability chapter",
   "source": "https://be.eu-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.retailestates.com/en/investors/analysts"
  },
  {
   "for": "the record",
   "source": "https://mcp.be-cm-kg.ai/record/XBRU/BE0003720340"
  }
 ],
 "title": "RETAIL ESTATES (BE0003720340) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}