Nikkei slips from 2-mth high; property shares drag

TOKYO, March 18 (Reuters) - Japan's Nikkei average fell 1 percent on Thursday, off a two-month high hit the previous day, as property stocks like Mitsui Fudosan (8801.T) retreated on a brokerage downgrade and recent gainers like Canon 7751. lost ground.

A fall in the euro accelerated profit-taking in Japanese stocks, market players said, after a report saying Greece is not hopeful of aid from the March 25 European Union summit.

The benchmark Nikkei shed 102.95 points to 10,744.03 .N225, falling from a two-month intraday high of 10,864.30 struck on Wednesday.

The broader Topix index fell 0.7 percent to 940.79 .TOPX. (Reporting by Aiko Hayashi)