Lendlease investors urged the company to speed up the pace of its turnaround plan after the developer and investment company said it would only meet its profit goal in the current year by selling assets, rather than from its core activities of developing assets and investing in them.

Lendlease shares fell 2.8 per cent on Monday – more than the 1.2 per cent slip in the 28-member S&P/ASX 200 Real Estate sector index – after the company said it was counting on completing sales of non-core assets this year to get a return on equity at the “lower end” of its 8-10 per cent target.