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Property giant Stockland has boosted its residential pipeline with the acquisition of master-planned community south west of Brisbane. The ASX-listed company has bought the 700ha Providence residential community in Ripley Valley in a transaction valued at about $193m to be paid over six years. The master plan vision is to create a community of more than 20,000 people over the next 20 years including an education precinct, sporting grounds, a town centre and extensive transport connections. More than 1500 residential lots, two schools, sporting facilities, a cafe, and sales and community centre have already been delivered, and the master plan proposes more than 6000 additional new homes. ....