Enables FK506 binding activity and peptidyl-prolyl cis-trans isomerase activity. Acts upstream of or within several processes, including aorta morphogenesis; extracellular matrix organization; and peptidyl-amino acid modification. Located in endoplasmic reticulum; membrane; and mitochondrial intermembrane space. Is expressed in several structures, including connective tissue; intestine epithelium; lung; metanephros; and skeleton. Human ortholog(s) of this gene implicated in osteogenesis imperfecta type 11. Orthologous to human FKBP10 (FKBP prolyl isomerase 10). [provided by Alliance of Genome Resources, Apr 2022]