The firm said that despite contributions from new projects secured and the quality of the backlog revenue, market conditions remained challenging in the region.
These results included a contribution from the close out and settlement of the Global Renewables Project waste project in Lancashire.
The Australian property and construction giant’s contracting figures for Europe saw turnover dip by 4% to £324m.
But new work secured more than doubled to over £300m, helped by two office contracts at Lendlease’s The International Quarter scheme in East London.
Lendlease said its preferred bidder pipeline including its own development projects at Elephant & Castle, Deptford as well as external commercial projects now stood at more than £500m.
Lend Lease’s overall European division performance, which also includes property and infrastructure development, saw pre-tax profits dip 18% to £28m.
This was mainly thanks to a £31m contribution from the property business driven by the forward sale of the first two commercial buildings at The International Quarter and settlements at Cobalt Place at Wandsworth.
The firm said pre-sales at the Elephant & Castle regeneration scheme in south London had progressed strongly with all of the One the Elephant tower pre-sold. South Gardens and West Grove were 85% and 65% pre-sold.