It’s hard to assess the extent of Israeli investments in Ukrainian real estate. Most of them, according to professionals and experts active in the country’s real estate market, are small investors looking for profitable opportunities, rather than developers. Large companies are active mainly on the margins, and for the most part prefer neighboring country. According to attorney Avraham Lalum, who represents a series of international companies and embassies operating in Ukraine, including the Israeli embassy, in recent years Israeli real estate transactions in the country have numbered at least 100 a month. Lalum and others say the spike in Israelis’ interest in Ukraine really happened in the past two or three years, but note that the trend began already in 2014 and 2015, with the start of the recovery from Russia’s invasion of Crimea.