Colliers International today reassured staff that its transformation to a Limited Liability Partnership is "purely structural" and will have no impact on the jobs of its 45 employees in Manchester.
Colliers International Property Advisers UK LLP will comprise more than 120 directors of Colliers International and a subsidiary of FirstService.
The restructure, which came into effect on Saturday 1 June, will affect Colliers International's UK offices across England and Scotland, with the exception of its Corporate Solutions and Property Management teams.
Colliers International in Northern Ireland and Ireland will not be affected, nor will its other offices internationally.
Tony Horrell, UK chief executive of Colliers International, said: "The company in the UK has undergone a significant transformation since it was acquired by FirstService a year ago.
"The change in company ownership provided an opportune time for us to change our company status.
"We have recapitalised the UK business and have no debt, we are fully integrated with the global brand and are now well positioned to grow the business in 2013 and beyond.
"We believe this move to LLP will assist with the next stage in the company's growth and help to cement a collegiate, collaborative culture at Colliers International.
"It also allows our senior staff to share in the future successes of the business.
"Many firms within the professional services sector have also chosen to structure their businesses as an LLP and we believe this will make us even more attractive to future recruits."