We present the design and instrumentation of a novel holography endstation for the P10 coherence beamline at PETRA Ⅲ at DESY. The experimental imaging scheme is based on a highly coherent and divergent (cone) beam illumination, achieved by fixed curvature focusing mirrors with additional spatial and coherence filtering by x‐ray waveguides. The optical elements along the beam path and the instrument under construction are described. Preliminary results obtained in a similar setting under comparable parameters are given as a benchmark, and first simulations of one of the two mirrors are presented to study the effect of imperfections on the field distribution in the focal plane.