Macquarie Office Trust

The Australian sharemarket eased some early gains and closed slightly higher on Friday. This was the first weekly gain in five weeks while the global markets had been shadowed by China's monetary tightening, worries on US economic recovery stability and sovereign debt issue in Euro zone.

The Australian Gas Light Company (ASX: AGL) today completed the acquisition of a 50 per cent interest in the production leases and exploration licences of Sydney Gas Limited (SGL) as part of a previously-announced joint venture agreement.