Complex sentence: As of January 7,2013, it co-manages their community malls with SM Retails Inc. and SM Prime Holdings Inc. located in Central Luzon, Southern Tagalog and Metro Manila.
Split into simpler sentences: As of January 7,2013, it co-manages their community malls with SM Retails and SM Prime Holdings. They are located in Central Luzon, Southern Tagalog and Metro Manila.