Term Sheet: A major Canary Wharf refinancing, Aareal goes big in outlet shopping, Delancey backs long-income start-up

Canary Wharf Group’s refinancing loan from Apollo Global Management rounds off a significant year of borrowing for the landlord; Aareal Bank’s loan to a north German outlet shopping property indicates lender appetite for the retail format; Delancey gets behind the launch of a secure income lender, broadening its real estate reach; and more in today's briefing, exclusively for our valued subscribers.