AXA Real Estate Investment Managers (AXA REIM) completed EUR 5.7 bn of transactions on behalf of its clients last year. The amount falls slightly short of the planned investment volume for 2008 announced by the French fund manager at the beginning of the year - EUR 6.3 bn - but is in line with the volumes recorded in 2007 (EUR 5.7 bn). In 2008, investments worth around EUR 3 bn and EUR 2.7 bn in disposals were completed on behalf of the various funds managed by AXA REIM.