diff --git a/src/components/match-card/IntelligenceMatchCard.tsx b/src/components/match-card/IntelligenceMatchCard.tsx
index c1ac62a..5b4b2b7 100644
--- a/src/components/match-card/IntelligenceMatchCard.tsx
+++ b/src/components/match-card/IntelligenceMatchCard.tsx
@@ -1,5 +1,6 @@
 import { Box, Button, Chip, Divider, Typography } from '@mui/material'
 import {
+  AlertCircle,
   BarChart2,
   Briefcase,
   Building2,
@@ -21,7 +22,7 @@ const RESULT_TYPE_META: Record<string, { label: string; color: string }> = {
   VERIFIED_PORTFOLIO:  { label: 'Verified Portfolio', color: '#1e3a5f' },
   EXTERNAL_MARKET:     { label: 'Direktinserat',      color: '#d97706' },
   MAISON_WORK:         { label: 'Maison Work',        color: '#0369a1' },
-  FUTURE_AVAILABILITY: { label: 'Schattenmarkt',      color: '#7c3aed' },
+  FUTURE_AVAILABILITY: { label: 'Future Availability', color: '#7c3aed' },
 }
 
 const SOURCE_META: Record<string, { label: string; icon: React.ReactNode }> = {
@@ -80,23 +81,26 @@ function SignalQualityDots({ quality }: { quality: 'HIGH' | 'MEDIUM' | 'LOW' | u
 
 function FutureAvailabilityCard({ vm }: { vm: MatchCardViewModel }) {
   const isControlled = vm.signalIsControlled ?? false
-  const accentColor = isControlled ? '#1a7a4a' : '#1d4ed8'
-  const headerBg = isControlled ? '#f0fdf4' : '#f8fafc'
-  const badge = isControlled ? 'Pre-Market' : 'Market Signal'
-  const badgeBg = isControlled ? '#dcfce7' : '#dbeafe'
-  const badgeColor = isControlled ? '#1a7a4a' : '#1d4ed8'
+
+  // PRE-MARKET VERIFIED: soft purple / institutional premium
+  // MARKET SIGNAL: slate blue / analytical
+  const accentColor   = isControlled ? '#7c3aed' : '#1d4ed8'
+  const headerBg      = isControlled ? '#faf5ff' : '#eff6ff'
+  const borderColor   = isControlled ? '#e9d5ff' : '#bfdbfe'
+  const badgeBg       = isControlled ? '#ede9fe' : '#dbeafe'
+  const badgeColor    = isControlled ? '#5b21b6' : '#1e40af'
 
   const assetLabel = vm.assetType ? (ASSET_TYPE_LABELS[vm.assetType] ?? vm.assetType) : 'Fläche'
-  const headline = getOpportunityHeadline(vm.signalType, assetLabel)
-
-  const tier = getScoreTier(vm.matchScore)
+  const headline   = getOpportunityHeadline(vm.signalType, assetLabel)
+  const sourceMeta = vm.signalSourceType ? (SOURCE_META[vm.signalSourceType] ?? null) : null
+  const tier  = getScoreTier(vm.matchScore)
   const theme = SCORE_THEME[tier]
 
   return (
     <Box sx={{
       borderRadius: 2,
       overflow: 'hidden',
-      border: `1px solid ${isControlled ? '#bbf7d0' : '#bfdbfe'}`,
+      border: `1px solid ${borderColor}`,
       borderLeft: `3px solid ${accentColor}`,
       background: 'white',
       display: 'flex', flexDirection: 'column',
@@ -105,15 +109,19 @@ function FutureAvailabilityCard({ vm }: { vm: MatchCardViewModel }) {
       '&:hover': { boxShadow: '0 4px 20px rgba(0,0,0,0.10)', transform: 'translateY(-1px)' },
     }}>
 
-      {/* Data Header */}
-      <Box sx={{ bgcolor: headerBg, px: 2, pt: 1.75, pb: 1.5, borderBottom: `1px solid ${isControlled ? '#bbf7d0' : '#bfdbfe'}` }}>
-        {/* Asset type + location */}
+      {/* ── Data header ─────────────────────────────────────────────────────── */}
+      <Box sx={{ bgcolor: headerBg, px: 2, pt: 1.75, pb: 1.5, borderBottom: `1px solid ${borderColor}` }}>
+
+        {/* Asset type · location + badge */}
         <Box sx={{ display: 'flex', alignItems: 'center', justifyContent: 'space-between', mb: 0.5 }}>
           <Typography sx={{ fontSize: '0.63rem', fontWeight: 700, color: '#64748b', textTransform: 'uppercase', letterSpacing: 0.8 }}>
             {assetLabel.toUpperCase()}  ·  {vm.locationLabel?.split(',')[0]?.toUpperCase() ?? ''}
           </Typography>
-          <Box sx={{ bgcolor: badgeBg, color: badgeColor, px: 0.875, py: 0.2, borderRadius: 1, fontSize: '0.63rem', fontWeight: 700, letterSpacing: 0.3 }}>
-            {badge}
+          <Box sx={{ display: 'flex', alignItems: 'center', gap: 0.4, bgcolor: badgeBg, color: badgeColor, px: 0.875, py: 0.25, borderRadius: 1, flexShrink: 0 }}>
+            {isControlled && <ShieldCheck size={9} />}
+            <Typography sx={{ fontSize: '0.6rem', fontWeight: 800, letterSpacing: 0.5 }}>
+              {isControlled ? 'PRE-MARKET VERIFIED' : 'MARKET SIGNAL'}
+            </Typography>
           </Box>
         </Box>
 
@@ -122,11 +130,11 @@ function FutureAvailabilityCard({ vm }: { vm: MatchCardViewModel }) {
           {headline}
         </Typography>
 
-        {/* Key facts row */}
-        <Box sx={{ display: 'flex', alignItems: 'center', gap: 1.25, flexWrap: 'wrap' }}>
+        {/* Key facts */}
+        <Box sx={{ display: 'flex', alignItems: 'center', gap: 1.5, flexWrap: 'wrap', mb: 0.875 }}>
           {vm.signalAreaSqmEstimate ? (
-            <Typography sx={{ fontSize: '0.72rem', color: '#475569' }}>
-              ~{vm.signalAreaSqmEstimate.toLocaleString('de-CH')} m²
+            <Typography sx={{ fontSize: '0.75rem', fontWeight: 700, color: '#1e293b' }}>
+              {isControlled ? '' : '~'}{vm.signalAreaSqmEstimate.toLocaleString('de-CH')} m²
             </Typography>
           ) : null}
           {vm.availabilityLabel && (
@@ -135,10 +143,23 @@ function FutureAvailabilityCard({ vm }: { vm: MatchCardViewModel }) {
             </Typography>
           )}
         </Box>
+
+        {/* Source attribution */}
+        {isControlled ? (
+          <Box sx={{ display: 'flex', alignItems: 'center', gap: 0.5, bgcolor: '#f0fdf4', border: '1px solid #bbf7d0', borderRadius: 1, px: 0.875, py: 0.3, width: 'fit-content' }}>
+            <ShieldCheck size={10} color="#1a7a4a" />
+            <Typography sx={{ fontSize: '0.65rem', fontWeight: 700, color: '#1a7a4a' }}>Direkte Verwaltungsquelle</Typography>
+          </Box>
+        ) : sourceMeta ? (
+          <Box sx={{ display: 'flex', alignItems: 'center', gap: 0.5, width: 'fit-content' }}>
+            <Box sx={{ color: '#64748b', display: 'flex' }}>{sourceMeta.icon}</Box>
+            <Typography sx={{ fontSize: '0.65rem', color: '#64748b', fontWeight: 500 }}>{sourceMeta.label}</Typography>
+          </Box>
+        ) : null}
       </Box>
 
-      {/* Score + signal quality strip */}
-      <Box sx={{ px: 2, py: 1.25, display: 'flex', alignItems: 'center', gap: 1.5, borderBottom: '1px solid #f1f5f9', bgcolor: 'white' }}>
+      {/* ── Score + signal quality strip ────────────────────────────────────── */}
+      <Box sx={{ px: 2, py: 1, display: 'flex', alignItems: 'center', gap: 1.5, borderBottom: '1px solid #f1f5f9', bgcolor: 'white' }}>
         <Box sx={{
           background: theme.gradient, borderRadius: '8px',
           px: 1.25, py: 0.4, border: `1px solid ${theme.border}`,
@@ -149,21 +170,35 @@ function FutureAvailabilityCard({ vm }: { vm: MatchCardViewModel }) {
           </Typography>
         </Box>
         <SignalQualityDots quality={vm.signalQuality} />
-        {isControlled && (
-          <Box sx={{ display: 'flex', alignItems: 'center', gap: 0.35, ml: 'auto', bgcolor: '#f0fdf4', border: '1px solid #86efac', borderRadius: 1, px: 0.625, py: 0.2 }}>
-            <ShieldCheck size={10} color="#1a7a4a" />
-            <Typography sx={{ fontSize: '0.6rem', color: '#1a7a4a', fontWeight: 700 }}>Verifiziert</Typography>
+        {!isControlled && vm.signalProbability !== undefined && (
+          <Box sx={{ ml: 'auto', bgcolor: '#f8fafc', border: '1px solid #e2e8f0', borderRadius: 1, px: 0.75, py: 0.2 }}>
+            <Typography sx={{ fontSize: '0.63rem', color: '#64748b', fontWeight: 600 }}>
+              {Math.round(vm.signalProbability * 100)}% Signalw.
+            </Typography>
           </Box>
         )}
       </Box>
 
-      {/* Card body */}
-      <Box sx={{ px: 2, pt: 1.25, pb: 1.5, flex: 1, display: 'flex', flexDirection: 'column', gap: 0 }}>
+      {/* ── Card body ───────────────────────────────────────────────────────── */}
+      <Box sx={{ px: 2, pt: 1.5, pb: 1.5, flex: 1, display: 'flex', flexDirection: 'column' }}>
 
-        {/* CONTROLLED: Confirmed facts */}
+        {/* MARKET SIGNAL: probabilistic notice */}
+        {!isControlled && (
+          <Box sx={{
+            display: 'flex', alignItems: 'flex-start', gap: 0.6, mb: 1.25,
+            bgcolor: '#fefce8', border: '1px solid #fde68a', borderRadius: 1, px: 1, py: 0.625,
+          }}>
+            <AlertCircle size={11} color="#92400e" style={{ marginTop: 2, flexShrink: 0 }} />
+            <Typography sx={{ fontSize: '0.67rem', color: '#78350f', lineHeight: 1.45 }}>
+              Probabilistischer Marktindikator — kein bestätigtes Objekt. Dient als strategischer Frühindikator.
+            </Typography>
+          </Box>
+        )}
+
+        {/* PRE-MARKET VERIFIED: confirmed facts */}
         {isControlled && (vm.signalConfirmedFacts?.length ?? 0) > 0 && (
           <Box sx={{ display: 'flex', flexDirection: 'column', gap: 0.4, mb: 1.25 }}>
-            {(vm.signalConfirmedFacts ?? []).slice(0, 2).map((fact, i) => (
+            {(vm.signalConfirmedFacts ?? []).slice(0, 3).map((fact, i) => (
               <Box key={i} sx={{ display: 'flex', alignItems: 'center', gap: 0.6 }}>
                 <CheckCircle2 size={12} color="#1a7a4a" style={{ flexShrink: 0 }} />
                 <Typography sx={{ fontSize: '0.72rem', color: '#1a7a4a', fontWeight: 500 }}>{fact}</Typography>
@@ -172,13 +207,13 @@ function FutureAvailabilityCard({ vm }: { vm: MatchCardViewModel }) {
           </Box>
         )}
 
-        {/* MARKET SIGNAL: Market indicators */}
+        {/* MARKET SIGNAL: market indicators */}
         {!isControlled && (vm.signalMarketIndicators?.length ?? 0) > 0 && (
-          <>
+          <Box sx={{ mb: 1.25 }}>
             <Typography sx={{ fontSize: '0.63rem', fontWeight: 700, color: '#64748b', textTransform: 'uppercase', letterSpacing: 0.6, mb: 0.5 }}>
               Erkannte Marktindikatoren
             </Typography>
-            <Box sx={{ display: 'flex', flexDirection: 'column', gap: 0.35, mb: 1.25 }}>
+            <Box sx={{ display: 'flex', flexDirection: 'column', gap: 0.35 }}>
               {(vm.signalMarketIndicators ?? []).slice(0, 3).map((ind, i) => (
                 <Box key={i} sx={{ display: 'flex', alignItems: 'flex-start', gap: 0.6 }}>
                   <Box sx={{ width: 4, height: 4, borderRadius: '50%', bgcolor: '#1d4ed8', mt: '5px', flexShrink: 0 }} />
@@ -186,17 +221,17 @@ function FutureAvailabilityCard({ vm }: { vm: MatchCardViewModel }) {
                 </Box>
               ))}
             </Box>
-          </>
+          </Box>
         )}
 
-        {/* Why relevant (match reasons) */}
+        {/* Why relevant — match reasons */}
         {vm.reasons.length > 0 && (
           <>
             <Divider sx={{ mb: 1 }} />
             <Typography sx={{ fontSize: '0.63rem', fontWeight: 700, color: '#64748b', textTransform: 'uppercase', letterSpacing: 0.6, mb: 0.6 }}>
               Warum relevant für Ihre Suche?
             </Typography>
-            <Box sx={{ display: 'flex', flexDirection: 'column', gap: 0.5 }}>
+            <Box sx={{ display: 'flex', flexDirection: 'column', gap: 0.5, mb: 1.25 }}>
               {vm.reasons.slice(0, 3).map((r, i) => (
                 <Box key={i} sx={{ display: 'flex', alignItems: 'flex-start', gap: 0.6 }}>
                   <CheckCircle2 size={12} color="#1a7a4a" style={{ marginTop: 2, flexShrink: 0 }} />
@@ -211,7 +246,7 @@ function FutureAvailabilityCard({ vm }: { vm: MatchCardViewModel }) {
         )}
 
         {/* Actions */}
-        <Box sx={{ display: 'flex', gap: 0.75, mt: 1.5, pt: 1.25, borderTop: '1px solid rgba(0,0,0,0.06)' }}>
+        <Box sx={{ display: 'flex', gap: 0.75, mt: 'auto', pt: 1.25, borderTop: '1px solid rgba(0,0,0,0.06)' }}>
           {vm.actions.map(a => (
             <Button
               key={a.id}
@@ -223,7 +258,7 @@ function FutureAvailabilityCard({ vm }: { vm: MatchCardViewModel }) {
                 textTransform: 'none', fontSize: '0.7rem', py: 0.375, px: 1,
                 ...(a.variant === 'primary' && {
                   bgcolor: accentColor,
-                  '&:hover': { bgcolor: isControlled ? '#166534' : '#1e40af' },
+                  '&:hover': { bgcolor: isControlled ? '#6d28d9' : '#1e40af' },
                 }),
               }}
             >
@@ -234,7 +269,7 @@ function FutureAvailabilityCard({ vm }: { vm: MatchCardViewModel }) {
 
         {/* Disclaimer footnote */}
         {vm.disclaimer && (
-          <Typography variant="caption" color="text.secondary" sx={{ display: 'block', mt: 1, fontSize: '0.65rem', lineHeight: 1.4, borderTop: '1px solid #f1f5f9', pt: 0.75 }}>
+          <Typography variant="caption" color="text.disabled" sx={{ display: 'block', mt: 1, fontSize: '0.63rem', lineHeight: 1.4, borderTop: '1px solid #f1f5f9', pt: 0.75 }}>
             {vm.disclaimer}
           </Typography>
         )}
diff --git a/src/components/match-detail/FutureAvailabilityContextPanel.tsx b/src/components/match-detail/FutureAvailabilityContextPanel.tsx
index 6c69e4c..066e583 100644
--- a/src/components/match-detail/FutureAvailabilityContextPanel.tsx
+++ b/src/components/match-detail/FutureAvailabilityContextPanel.tsx
@@ -22,7 +22,7 @@ const SIGNAL_TYPE_LABELS: Record<string, string> = {
   RESTRUCTURING:        'Restrukturierung',
   PROJECT_DEVELOPMENT:  'Projektentwicklung',
   SPACE_CONSOLIDATION:  'Flächenkonsolidierung',
-  LEASE_EXPIRY:         'Vertragsende (Schattenmarkt)',
+  LEASE_EXPIRY:         'Vertragsende (Pre-Market)',
 }
 
 const SIGNAL_RELEVANCE_BRIDGE: Record<string, string> = {
@@ -32,7 +32,7 @@ const SIGNAL_RELEVANCE_BRIDGE: Record<string, string> = {
   RESTRUCTURING:       'Restrukturierung deutet auf Flächenänderungen hin.',
   PROJECT_DEVELOPMENT: 'Projektentwicklung könnte neue Gewerbeflächen schaffen.',
   SPACE_CONSOLIDATION: 'Konsolidierung — Teilflächen könnten frei werden.',
-  LEASE_EXPIRY:        'Die Verwaltung hat dieses Objekt für den Markt freigegeben — Vertragsende bekannt und bestätigt.',
+  LEASE_EXPIRY:        'Die Verwaltung hat diese Fläche für kontrolliertes Pre-Market Matching freigegeben — Vertragsende aus internem ERP bestätigt.',
 }
 
 const SOURCE_META: Record<string, { label: string; icon: React.ReactNode }> = {
diff --git a/src/components/supply/PropertyDetailView.tsx b/src/components/supply/PropertyDetailView.tsx
index e2847b3..c99289f 100644
--- a/src/components/supply/PropertyDetailView.tsx
+++ b/src/components/supply/PropertyDetailView.tsx
@@ -19,7 +19,7 @@ import {
   Typography,
 } from '@mui/material'
 import { useQueryClient } from '@tanstack/react-query'
-import { ChevronDown, ChevronUp, Clock, Edit2, Layers, Save, ShieldCheck, Users, X, Zap } from 'lucide-react'
+import { ChevronDown, ChevronUp, Clock, Edit2, Layers, Save, ShieldCheck, Target, TrendingUp, Users, X, Zap } from 'lucide-react'
 import { useOfferWizardStore } from '../../stores/offerWizardStore'
 import { PropertyMap } from '../shared'
 import { NeedMatchCard } from './NeedMatchCard'
@@ -309,11 +309,11 @@ function UnitStructurePanel({ p }: { p: Property }) {
   )
 }
 
-// ── Pre-Market release panel ──────────────────────────────────────────────────
+// ── Pre-Market Matching panel ─────────────────────────────────────────────────
 
 const MOCK_TODAY = new Date('2026-05-20')
 
-function SchattenmarktReleasePanel({ p }: { p: Property }) {
+function PreMarketPanel({ p }: { p: Property }) {
   const [enabled, setEnabled] = useState(p.schattenmarktRelease?.enabled ?? false)
   const [leadTimeMonths, setLeadTimeMonths] = useState(p.schattenmarktRelease?.leadTimeMonths ?? 6)
   const [saving, setSaving] = useState(false)
@@ -340,13 +340,18 @@ function SchattenmarktReleasePanel({ p }: { p: Property }) {
     ? Math.max(0, Math.round((targetDate.getTime() - MOCK_TODAY.getTime()) / (1000 * 60 * 60 * 24 * 30)))
     : null
 
+  // Mock demand intelligence (derived deterministically from property characteristics)
+  const demandProfiles = Math.min(14, (p.areaSqm >= 1000 ? 5 : p.areaSqm >= 500 ? 8 : 4) +
+    (['Zürich', 'Basel', 'Bern', 'Zug'].some(c => (p.location?.city ?? '').includes(c)) ? 4 : 1))
+  const highQualityLeads = Math.max(1, Math.floor(demandProfiles * 0.38))
+
   async function save(nextEnabled: boolean, nextLeadTime: number) {
     setSaving(true)
     try {
       await propertyService.update(p.id, { schattenmarktRelease: { enabled: nextEnabled, leadTimeMonths: nextLeadTime } })
       await queryClient.invalidateQueries({ queryKey: ['property', p.id] })
       await queryClient.invalidateQueries({ queryKey: ['properties'] })
-      showToast(nextEnabled ? 'Pre-Market Freigabe aktiviert.' : 'Pre-Market Freigabe deaktiviert.', 'success')
+      showToast(nextEnabled ? 'Pre-Market Matching aktiviert.' : 'Pre-Market Matching deaktiviert.', 'success')
     } catch {
       showToast('Fehler beim Speichern.', 'error')
     } finally {
@@ -367,7 +372,7 @@ function SchattenmarktReleasePanel({ p }: { p: Property }) {
   return (
     <>
       <Divider sx={{ my: 2 }} />
-      <SectionTitle title="Pre-Market Freigabe" />
+      <SectionTitle title="Pre-Market Matching" />
       <Box
         sx={{
           border: '1px solid',
@@ -378,15 +383,16 @@ function SchattenmarktReleasePanel({ p }: { p: Property }) {
           transition: 'background 0.2s, border-color 0.2s',
         }}
       >
+        {/* Toggle row */}
         <Box sx={{ display: 'flex', alignItems: 'flex-start', justifyContent: 'space-between' }}>
           <Box sx={{ display: 'flex', alignItems: 'flex-start', gap: 1 }}>
             <Zap size={15} color={enabled ? '#7c3aed' : '#94a3b8'} style={{ marginTop: 2 }} />
             <Box>
               <Typography variant="body2" sx={{ fontWeight: 600, lineHeight: 1.3 }}>
-                Pre-Market freigeben
+                Pre-Market Matching aktivieren
               </Typography>
               <Typography variant="caption" color="text.secondary">
-                Fläche vor offizieller Vermarktung im Markt sichtbar machen
+                Kontrollierte Freigabe für qualifizierte Suchanfragen — vor offizieller Insertion
               </Typography>
             </Box>
           </Box>
@@ -404,8 +410,10 @@ function SchattenmarktReleasePanel({ p }: { p: Property }) {
           </Box>
         </Box>
 
+        {/* Active: lead time + status + demand intelligence */}
         {enabled && (
           <Box sx={{ mt: 1.5 }}>
+            {/* Lead time selector */}
             <Box sx={{ display: 'flex', alignItems: 'center', gap: 1, mb: 1.25 }}>
               <Typography variant="caption" sx={{ color: '#374151', fontWeight: 500, minWidth: 72 }}>
                 Lead Time
@@ -428,6 +436,7 @@ function SchattenmarktReleasePanel({ p }: { p: Property }) {
               </Box>
             </Box>
 
+            {/* Activation status */}
             <Box
               sx={{
                 display: 'flex', alignItems: 'flex-start', gap: 0.75, p: 1,
@@ -442,20 +451,49 @@ function SchattenmarktReleasePanel({ p }: { p: Property }) {
               }
               <Typography variant="caption" sx={{ color: isActive ? '#166534' : '#92400e', fontWeight: 500, lineHeight: 1.4 }}>
                 {isActive
-                  ? `Signal aktiv seit ${triggerDate?.toLocaleDateString('de-CH')} — Objekt im Nachfrage-Feed sichtbar`
+                  ? `PRE-MARKET VERIFIED aktiv seit ${triggerDate?.toLocaleDateString('de-CH')} — Fläche im Matching-Feed sichtbar`
                   : triggerDate
-                    ? `Signal aktiv ab ${triggerDate.toLocaleDateString('de-CH')} — noch ${monthsUntil} Monate bis Vertragsende`
+                    ? `Freigabe startet ${triggerDate.toLocaleDateString('de-CH')} — noch ${monthsUntil} Monate bis Vertragsende`
                     : 'Kein Vertragsende hinterlegt'
                 }
               </Typography>
             </Box>
+
+            {/* Demand Intelligence */}
+            <Box sx={{ mt: 1.25, pt: 1.25, borderTop: '1px solid #e9d5ff' }}>
+              <Typography variant="caption" sx={{ fontWeight: 700, color: '#4c1d95', textTransform: 'uppercase', letterSpacing: 0.5, fontSize: '0.63rem', display: 'block', mb: 0.875 }}>
+                Matching Demand Intelligence
+              </Typography>
+              <Box sx={{ display: 'flex', flexDirection: 'column', gap: 0.5 }}>
+                <Box sx={{ display: 'flex', alignItems: 'center', gap: 0.75 }}>
+                  <Users size={11} color="#7c3aed" style={{ flexShrink: 0 }} />
+                  <Typography variant="caption" sx={{ color: '#374151', lineHeight: 1.3 }}>
+                    <strong>{demandProfiles} aktive Suchprofile</strong> im System erkannt
+                  </Typography>
+                </Box>
+                <Box sx={{ display: 'flex', alignItems: 'center', gap: 0.75 }}>
+                  <Target size={11} color="#7c3aed" style={{ flexShrink: 0 }} />
+                  <Typography variant="caption" sx={{ color: '#374151', lineHeight: 1.3 }}>
+                    <strong>{highQualityLeads} hochwertige Suchanfragen</strong> mit passendem Flächenbedarf
+                  </Typography>
+                </Box>
+                <Box sx={{ display: 'flex', alignItems: 'center', gap: 0.75 }}>
+                  <TrendingUp size={11} color="#7c3aed" style={{ flexShrink: 0 }} />
+                  <Typography variant="caption" sx={{ color: '#374151', lineHeight: 1.3 }}>
+                    Frühzeitige Matchgelegenheit — vor offizieller Vermarktung exklusiv verfügbar
+                  </Typography>
+                </Box>
+              </Box>
+            </Box>
           </Box>
         )}
 
+        {/* Inactive: explain value proposition */}
         {!enabled && (
-          <Typography variant="caption" color="text.secondary" sx={{ display: 'block', mt: 1 }}>
-            Wenn aktiviert, erscheint dieses Objekt {leadTimeMonths} Monate vor Vertragsende als
-            verifiziertes Pre-Market Signal im Nachfrage-Feed.
+          <Typography variant="caption" color="text.secondary" sx={{ display: 'block', mt: 1, lineHeight: 1.5 }}>
+            Wenn aktiviert, erscheint diese Fläche {leadTimeMonths} Monate vor Vertragsende als
+            verifiziertes <strong>PRE-MARKET VERIFIED</strong> Signal für qualifizierte Suchanfragen —
+            kein öffentliches Inserat, kontrolliertes Early Matching.
           </Typography>
         )}
       </Box>
@@ -573,8 +611,8 @@ function OverviewPanel({ p, editing, draft, onDraftChange }: OverviewPanelProps)
       {/* Floor / unit structure */}
       <UnitStructurePanel p={p} />
 
-      {/* Schattenmarkt release */}
-      <SchattenmarktReleasePanel p={p} />
+      {/* Pre-Market Matching */}
+      <PreMarketPanel p={p} />
 
       <Divider sx={{ my: 2 }} />