Public Joint Stock Company PIK-specialized homebuilder is planning to acquire land in Metro Manila after it announced the launch of its first real estate project in the Philippines. PIK’s first Philippine project is a residential high-rise development One Sierra in Mandaluyong City. The building will have 10 units for each floor, for a total of 250 units. Units at the 30-storey tower range from 32 to 84 square meters.