Term Sheet: HSBC deals Canary Wharf a blow, Valesco goes big in Paris, Urban Partners’ mezzanine fundraising

The departure of banking giant HSBC puts the future of London’s Canary Wharf in the spotlight; Valesco Group makes contrarian office purchase with the support of existing lenders; NREP's new parent Urban Partners makes a play for sustainable mezzanine lending; and more in today's briefing, exclusively for our valued subscribers.