{
 "as_of": "2026-11-06",
 "cmr": "de-cm-kg/XETRA/ERWE",
 "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# ERWE IMMOB. AG INH O.N. (Xetra: ERWE) — research page\n\nAs of 2026-11-06 · de-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is ERWE IMMOB. AG INH O.N., listed on Xetra under ticker ERWE, ISIN DE000A1X3WX6, LEI 39120014ZQ1I2RXEE848. Its security type is Corporate, its segment is DEUTSCHLAND, and its jurisdiction is Germany (Handelsregister HRB). Its sector is not on the record, because the Xetra instruments file carries index membership and not a sector classification. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 0 filings in the window 2025-11-06 to 2026-11-06, across 0 filing days, with no filing type breakdown. The median gap between filing days is not on the record, and no latest filing date or latest filing type is on the record. Days from the latest filing to the record date 2026-11-06 are not on the record. For Xetra, 419 issuers have a median cadence gap of 22.8 days, a median of 6 filings and a median latency of 5.5 days. Sector peer figures for DE are not on the record.\n\n## Auditor\n\nThe auditor of record is not on the record, and its location is not on the record. The record carries the annual report link only, which is a source link and not a read. Auditor changes are not on the record, because 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, because this register has no lifecycle type map yet. The halt flag is listed, not halted.\n\n## Orderability\n\nThe outcome for Professionelle Kunden is signal ACM-200 and determinable. The outcome for Privatkunden is signal ACM-200 and determinable. The outcome for Geeignete Gegenparteien is signal ACM-200 and determinable. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, with chapter as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 4 research houses: Montega, Solventis, FMR-Research and GSC Research.\n\n## Open research\n\nThe record holds 5 openly published research notes. FMR-Research published on 2022-09-01, 2022-04-19, 2021-09-10 and 2021-04-12. Montega published on 2022-03-10.\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\nNo issuer years are sealed for this issuer. The market's vintage is not sealed, so the earliest sealed date of the market is not on the record. The live record began on a date not on the record.\n\n## Sources\n\n13 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (identity.exchange)\n- https://api.gleif.org/api/v1/lei-records/39120014ZQ1I2RXEE848 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest (identity.lei)\n- https://mcp.de-cm-kg.ai/events/XETRA/ERWE (the disclosure lines)\n- https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list (the halt flag)\n- https://mcp.de-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.erwe-ag.com/en/investor-relations/shares/research (coverage)\n- https://www.erwe-ag.com/fileadmin/Ablage/03_Investor_Relations/Aktien/FMR-ERWE-Update-01092022-EN-final.pdf (open research)\n- https://www.erwe-ag.com/fileadmin/Ablage/03_Investor_Relations/Aktien/FMR-ERWE-Update-19042022-EN-final.pdf (open research)\n- https://www.erwe-ag.com/fileadmin/Ablage/03_Investor_Relations/Aktien/ERWE_Comment_10_03_2021_en.pdf (open research)\n- https://www.erwe-ag.com/fileadmin/Ablage/03_Investor_Relations/FMR_ERWE_Immobilien_10092021_English.pdf (open research)\n- https://www.erwe-ag.com/fileadmin/Ablage/03_Investor_Relations/FMR_ERWE_Immobilien_20210412_English.pdf (open research)\n- https://mcp.de-cm-kg.ai/record/XETRA/ERWE (the record)\n",
 "market": "DE",
 "node": "de-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the DE vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "DE",
    "reason": "Width 0 records the annual report link only (ORDER-015: source link, not a read)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "DE",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "DE",
    "state": "not_on_record"
   },
   "changes": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "de-cm-kg/XETRA/ERWE",
  "coverage": {
   "count": 4,
   "houses": [
    {
     "house": "Montega",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.erwe-ag.com/en/investor-relations/shares/research",
     "state": "sourced"
    },
    {
     "house": "Solventis",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.erwe-ag.com/en/investor-relations/shares/research",
     "state": "sourced"
    },
    {
     "house": "FMR-Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.erwe-ag.com/en/investor-relations/shares/research",
     "state": "sourced"
    },
    {
     "house": "GSC Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.erwe-ag.com/en/investor-relations/shares/research",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.erwe-ag.com/en/investor-relations/shares/research",
     "result": "read: 4 of 8 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": 419,
     "median_cadence_gap_days": 22.8,
     "median_filings": 6,
     "median_latency_days": 5.5,
     "name": "Xetra"
    },
    "sector": {
     "market": "DE",
     "state": "not_on_record"
    }
   },
   "by_type": {},
   "cadence_median_gap_days": null,
   "filing_days": 0,
   "filings": 0,
   "latency_days": null,
   "latest": [],
   "latest_filing_date": null,
   "note": "no disclosure line on the record for this issuer in the window",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/ERWE",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Xetra"
   },
   "isin": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "confirmed",
    "value": "DE000A1X3WX6"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column) (registeredAs)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/39120014ZQ1I2RXEE848",
    "state": "sourced",
    "value": "Germany (Handelsregister HRB)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (exact ISIN match)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest (isin-lei-20260911T071509.zip)",
    "state": "filled",
    "value": "39120014ZQ1I2RXEE848"
   },
   "name": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "ERWE IMMOB. AG INH O.N."
   },
   "sector": {
    "market": "DE",
    "reason": "the Xetra instruments file carries index membership, not a sector classification",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "DEUTSCHLAND"
   },
   "ticker": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "ERWE"
   },
   "website": {
    "market": "DE",
    "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": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "DE",
  "node": "de-cm-kg",
  "numbers_hash": "sha256:6e3010dade68c2479aa8d805e93c42e81360ec4f9bea0fb95f5600902942a12e",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [
    {
     "date": "2022-09-01",
     "kind": "issuer-sponsored",
     "publisher": "FMR-Research",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.erwe-ag.com/fileadmin/Ablage/03_Investor_Relations/Aktien/FMR-ERWE-Update-01092022-EN-final.pdf",
     "state": "sourced",
     "title": "ERWE: Successful further development of portfolio properties"
    },
    {
     "date": "2022-04-19",
     "kind": "issuer-sponsored",
     "publisher": "FMR-Research",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.erwe-ag.com/fileadmin/Ablage/03_Investor_Relations/Aktien/FMR-ERWE-Update-19042022-EN-final.pdf",
     "state": "sourced",
     "title": "Further operational growth expected in 2022"
    },
    {
     "date": "2022-03-10",
     "kind": "issuer-sponsored",
     "publisher": "Montega",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.erwe-ag.com/fileadmin/Ablage/03_Investor_Relations/Aktien/ERWE_Comment_10_03_2021_en.pdf",
     "state": "sourced",
     "title": "ERWE IMMOBILIEN AG"
    },
    {
     "date": "2021-09-10",
     "kind": "issuer-sponsored",
     "publisher": "FMR-Research",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.erwe-ag.com/fileadmin/Ablage/03_Investor_Relations/FMR_ERWE_Immobilien_10092021_English.pdf",
     "state": "sourced",
     "title": "ERWE Immobilien AG"
    },
    {
     "date": "2021-04-12",
     "kind": "issuer-sponsored",
     "publisher": "FMR-Research",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://www.erwe-ag.com/fileadmin/Ablage/03_Investor_Relations/FMR_ERWE_Immobilien_20210412_English.pdf",
     "state": "sourced",
     "title": "FY 2020: Revenue growth despite market pressure"
    }
   ],
   "state": "found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Professionelle Kunden",
    "Privatkunden",
    "Geeignete Gegenparteien"
   ],
   "outcomes": {
    "Geeignete Gegenparteien": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Privatkunden": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Professionelle Kunden": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.de-cm-kg.ai/book/aio.json",
    "door": "https://mcp.de-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1",
   "section": "de.aio.v13"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.de-cm-kg.ai/record/XETRA/ERWE",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:6e3010dade68c2479aa8d805e93c42e81360ec4f9bea0fb95f5600902942a12e",
 "path": "/de/XETRA/ERWE",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is ERWE IMMOB. AG INH O.N., listed on Xetra under ticker ERWE, ISIN DE000A1X3WX6, LEI 39120014ZQ1I2RXEE848. Its security type is Corporate, its segment is DEUTSCHLAND, and its jurisdiction is Germany (Handelsregister HRB). Its sector is not on the record, because the Xetra instruments file carries index membership and not a sector classification. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 0 filings in the window 2025-11-06 to 2026-11-06, across 0 filing days, with no filing type breakdown. The median gap between filing days is not on the record, and no latest filing date or latest filing type is on the record. Days from the latest filing to the record date 2026-11-06 are not on the record. For Xetra, 419 issuers have a median cadence gap of 22.8 days, a median of 6 filings and a median latency of 5.5 days. Sector peer figures for DE are not on the record.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, and its location is not on the record. The record carries the annual report link only, which is a source link and not a read. Auditor changes are not on the record, because 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, because this register has no lifecycle type map yet. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome for Professionelle Kunden is signal ACM-200 and determinable. The outcome for Privatkunden is signal ACM-200 and determinable. The outcome for Geeignete Gegenparteien is signal ACM-200 and determinable. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, with chapter as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 4 research houses: Montega, Solventis, FMR-Research and GSC Research.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds 5 openly published research notes. FMR-Research published on 2022-09-01, 2022-04-19, 2021-09-10 and 2021-04-12. Montega published on 2022-03-10.",
   "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": "No issuer years are sealed for this issuer. The market's vintage is not sealed, so the earliest sealed date of the market is not on the record. The live record began on a date not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "13 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://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/39120014ZQ1I2RXEE848"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/ERWE"
  },
  {
   "for": "the halt flag",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.de-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.erwe-ag.com/en/investor-relations/shares/research"
  },
  {
   "for": "open research",
   "source": "https://www.erwe-ag.com/fileadmin/Ablage/03_Investor_Relations/Aktien/FMR-ERWE-Update-01092022-EN-final.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.erwe-ag.com/fileadmin/Ablage/03_Investor_Relations/Aktien/FMR-ERWE-Update-19042022-EN-final.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.erwe-ag.com/fileadmin/Ablage/03_Investor_Relations/Aktien/ERWE_Comment_10_03_2021_en.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.erwe-ag.com/fileadmin/Ablage/03_Investor_Relations/FMR_ERWE_Immobilien_10092021_English.pdf"
  },
  {
   "for": "open research",
   "source": "https://www.erwe-ag.com/fileadmin/Ablage/03_Investor_Relations/FMR_ERWE_Immobilien_20210412_English.pdf"
  },
  {
   "for": "the record",
   "source": "https://mcp.de-cm-kg.ai/record/XETRA/ERWE"
  }
 ],
 "title": "ERWE IMMOB. AG INH O.N. (ERWE) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}