We report demonstration of the first Field Effect Real Space transfer 'Ikansistor (FERST), a gated real space carrier transfer device. It is a dual output, multifunctional device which, depending on region of operation, demonstrates either of three characteristics: traditional FET transconductance, sign reversing transconductance, or dual output with near complimentary transconductances. Additionally, the FERST structure provides a new means for exploring the physics of real space transfer.