Lipolytic enzyme that possesses both lipase and acetylxylan esterase activity. Active towards p-nitrophenol esters of various carbon chain length with preference for medium-chain fatty acids (C-8). Also highly active on the acetylated compounds xylose tetra-acetate and oat spelt xylan. Deacetylation of xylans and xylo-oligosaccharides. a triacylglycerol + H2O = a diacylglycerol + a fatty acid + H(+) Optimum pH is 8.0. Optimum temperature is 40 degrees Celsius. Thermostable from 20 to 50 degrees Celsius. Glycosylated. Belongs to the AB hydrolase superfamily. Lipase family.