Term Sheet: Hope in the air at MIPIM, Apollo leans into European real estate debt, AXA sources £480m for London development

Industry professionals at MIPIM in Cannes expect better financing conditions ahead; US manager Apollo increases its focus on European real estate debt with a dedicated fund; AXA IM Alts taps the development finance market for a major London scheme; and more in today's briefing, exclusively for our valued subscribers.