Complex sentence: Karingal Hub Shopping Centre is a regional shopping centre, and the second largest in Frankston, owned by Industry Superannuation Property Trust (ISPT) and managed by Vicinity Centres.
Split into simpler sentences: Karingal Hub Shopping Centre is a regional shopping centre, and the second largest in Frankston. It is owned by Industry Superannuation Property Trust (ISPT) and managed by Vicinity Centres.